Manager - Risk

Role purpose

This position is intended to strengthen risk monitoring and portfolio risk review across ABFSG. It involves working in close coordination with the business units across ABFSG and the Central Risk Management team to ensure smooth information exchange and to identify early warning indicators at an early stage. The role also includes overseeing the rollout of credit policy and tracking post-disbursement breaches across ABFSG exposures. Where needed, the role will also support the Central Risk Management team with credit risk assessment at the underwriting stage.

Business context and key challenges

ABCL is a diversified core investment company with a broad set of businesses spanning NBFC, housing finance, life insurance, asset management, health insurance, securities and stock broking, insurance broking, ARC, and an online platform for personal finance. Because the organisation includes multiple entities and varied business lines, corporate financial reporting is highly complex. This role supports the preparation of ABCL consolidated financial statements, covering standalone accounts, 2 joint ventures, 1 associate, and 18 subsidiaries, in a timely and accurate manner in line with statutory and listing obligations, while also supporting audit review by statutory auditors and presentation to the audit committee.

The main challenge is preparing consolidated accounts on time for a structure that includes subsidiaries and joint ventures with separate books of account, while meeting changing statutory and regulatory requirements. This includes quarterly limited reviews and annual audited reporting. The role also requires collaboration with business teams across subsidiaries for competition benchmarking and treasury-related MIS preparation.

Key accountabilities

• Design and strengthen a centralised risk monitoring framework, including process and system improvements, for loans and investments across the Financial Services Group.
• Assist the Central Risk Management team with due diligence for high-value transactions that need Investment Committee or Credit Committee review.
• Carry out detailed portfolio reviews across loan and investment books in ABFSG based on risk priority, and provide regular updates on portfolio quality, early warning signs, and potential stress scenarios to the Central Risk Management team and ABFS CEO.
• Maintain current risk assessment notes for all large corporate groups with exposure across ABFSG business lines.
• Monitor credit policy adherence and track breaches after disbursement across exposures.
• Support credit risk evaluation during underwriting whenever the Central Risk Management team requires assistance.

Additional context

The role requires coordination across multiple business units, timely consolidation of information, and the ability to respond to evolving compliance, regulatory, and portfolio-risk needs in a complex financial services environment.