Skills requirement:

? CA / IRM with 10+ years of experience setting up and/or running Enterprise risk

management function for a reasonable-size FMCG/manufacturing company.

Alternatively, at Mid management level in a large FMCG, working directly with

Enterprise Risk Leader.

? Strong knowledge of risk management methodologies, tools, compliance

frameworks, and internal control practices.

? Experience in a complex and multi-business organizational environment is

preferred.

? Excellent leadership, communication, and interpersonal skills to collaborate with

stakeholders at all levels.

? Ability to understand business, analyze complex issues, exercise sound judgment,

and provide practical solutions.

? Demonstrated experience in driving change and continuous improvement

initiatives.

? Operating and collaborating effectively with diverse teams across the org and

embracing the views of others to develop optimal solutions

? A working knowledge of information technology, particularly how systems and

applications integrate with business processes and operations.

Roles and responsibilities

? Candidates will be responsible for effective implementation of risk management

frameworks and risk culture through ownership of policies, processes, thresholds

and controls that would enable prompt risk identification, accurate risk

measurement and effective risk mitigation.

? Implementing an overall risk management process for the organization that

includes conducting and assisting in the identification, assessment, monitoring and

mitigation of risks throughout the group.

? Analyze and report risk profile and control performance, and benchmark processes

against regulatory requirements, Company standards and industry best practices to

develop and improve the Company risk management framework.

? Ensure the business manages all types of risk within agreed statements of risk

appetite. Embed the risk appetite statement and risk limits into their day-to-day

activities so as to embed prudent risk-taking into the Company's risk culture and

day-to-day management of risk.

Risk register and KPIs:

? Develop risk registers for all the material BUs based on the designed risk

management framework.

Operationalize the risk register into measurable business KPIs. Put in place

digitisation plans for tracking such measurable KPIs. Establish an early warning or

trigger system for breaches of the company's risk appetite or limits;

? Annual refresh of the risk registers across all business units. Monitors and analyzes

risks within the company's business units and reports action planning on these

risks to the management and Committees.

? Drive automation/ process efficiency in managing risk registers and monitoring

KPIs are identified to help businesses understand early signals and take action.

Leadership and management:

? Set up a monthly/ quarterly review to identify new and emerging risks with the key

business leaders and create an effective review cadence.

? Liaise with leadership and senior managers to identify risks in their business areas,

and agree to the controls required to mitigate each risk.

? Be part of key business reviews and understand the overall business risk landscape

? Prepare & analyze various reports / Decks for the various committees, top

management and other stakeholders.

Board and Risk Management Committee:

? Preparation of all agenda items for the Risk Management Committee.

? Develop qualitative and quantitative risk reporting dashboards for Board Risk Management Committee to support effective decision-making

Compliance:

? Ensures the organization's risk management policies and strategies are in

compliance with applicable regulations, standards, and strategic imperatives of the

organization.

? Ensure compliance with the company's policies and review the effectiveness of

controls designed to address risks

? Review of amendments in policies and standard operating procedures (SOPs)/risk

control matrix related to Financial, Operational, Reputational, market and other risks

KRAs:

? Drive Implementation of ERM policy, processes, and various risk initiatives within

the organization as required under SEBI LODR, Companies Act and other applicable

laws and regulations

? Support and Contribute to continuous improvement and maturity of the Enterprise

Risk Management (ERM) framework, policy, and processes.

? Identify risks and their mitigation for various functions/departments and liaison

with different stakeholders to facilitate resolving the issues/risks via updated risk

registers and reports to the management and Board risk management committee

? Perform Risk assessments and periodically review risk policies and procedures across

business, frameworks to ensure risk register and overall risk management is up to

date. Implement emerging risk management practices to ensure robust risk management

within the organization