About the job
Amartha is an innovative technology company dedicated to fostering shared prosperity through the development of digital financial solutions tailored for the grassroots economy. Established in 2010 as a microfinance institution, Amartha bridges the gap between rural, women-led micro-enterprises and accessible capital. As Amartha evolves into a comprehensive tech company, it is building a microfinance ecosystem that integrates with the expanding digital economy via capital, investment, and payment services. By enhancing the competitiveness of micro and small businesses, Amartha empowers women-led MSMEs, generates employment opportunities, and promotes inclusive economic growth.
About The Team:
This pivotal role is responsible for spearheading the organization’s risk management strategy, focusing on the identification, assessment, mitigation, and reporting of operational and enterprise-wide risks. The position establishes and upholds a robust risk framework, delineates risk appetite, enforces strong internal controls, and cultivates a proactive risk culture throughout all business units. Collaborating closely with senior leadership, this role offers insights on emerging risks, regulatory standards, and business continuity planning, ensuring adherence to relevant policies. Through strategic oversight, effective governance, and strong stakeholder engagement, this position is essential in fortifying organizational resilience and advancing long-term strategic goals.
Responsibilities:
1. Enterprise Risk Management (ERM) Strategy & Framework
- Develop, implement, and sustain the organization's enterprise risk management framework.
- Define risk appetite, tolerance levels, and key risk indicators (KRIs) in alignment with strategic objectives.
- Lead the annual enterprise-wide risk assessment and coordinate comprehensive risk reporting to senior management and the board.
2. Operational Risk Governance
- Oversee the operational risk management program, focusing on risk identification, assessment, monitoring, and mitigation.
- Implement and manage tools such as RCSA (Risk & Control Self Assessments), incident management, and root-cause analysis.
- Foster a strong risk culture across all business units.
3. Risk Policies, Procedures & Controls
- Design and maintain risk management policies, standards, and procedures.
- Ensure consistent application of controls and risk methodologies organization-wide.
- Monitor compliance with internal policies and external regulatory requirements.
4. Risk Monitoring, Reporting & Analytics
- Deliver timely, accurate, and insightful risk reports to executives, risk committees, and the board.
- Leverage analytics, dashboards, and scenario analysis to evaluate emerging risks and trends.
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