GM-Enterprise Risk Management

About Coromandel International Limited

Join one of India's premier Agri-solutions firms dedicated to enriching the lives of around 3 million farmers across the agricultural value chain. Coromandel International Limited is renowned as the country's second-largest producer and distributor of phosphatic fertilizers, with a diversified presence spanning Fertilizers, Crop Protection, Specialty Nutrients, Organic Fertilizers, and Bio Products sectors. The company operates over 1,200 retail centers providing agri-inputs, expert advice, soil testing, and farm mechanization services, reaching farming communities widely.

Driven by innovation through 8 R&D centers and 21 manufacturing units nationwide, Coromandel boasts a turnover of ₹31,827 Crore (FY 2025–26) under the Murugappa Group umbrella, which itself achieved ₹90,178 Crore in FY 2024–25. The organization prioritizes sustainability and environmental responsibility, acknowledged by prestigious bodies such as UNDP and TERI.

Role Overview

The company is seeking a seasoned Enterprise Risk Management (ERM) expert to helm and enhance the ERM framework. The role demands competent leadership in detecting, evaluating, monitoring, and mitigating strategic, operational, financial, compliance, and emerging risks. It also involves championing risk-informed decision-making, strengthening governance mechanisms, and cultivating an organizational culture centered on risk awareness.

Core Responsibilities

• Design, implement, and continually refine the organization's ERM system.
• Lead enterprise-wide risk identification, assessment, prioritization, and evaluation efforts.
• Develop and uphold relevant risk policies, methodologies, instruments, and governance models aligned with the company's strategic objectives.
• Recognize risk triggers and devise mitigation strategies to diminish adverse impacts.
• Analyze various risk domains including strategic, operational, financial, compliance, environmental, and emergent risks.
• Construct and execute risk evaluation models and monitoring tools.
• Conduct periodic risk reviews across all business functions.
• Monitor critical risks and mitigation progress against KPIs/KRIs and maintain an up-to-date risk registry.
• Ensure the integrity and precision of risk data and systems.
• Prepare comprehensive risk reports and dashboards for senior management and board-level deliberations.
• Communicate risk exposure and mitigation updates to relevant stakeholders effectively.
• Facilitate coordination between Risk Champions and Risk Coordinators across divisions.
• Organize regular risk reviews and track resolution of agreed actions.
• Collaborate with leaders to embed robust risk practices into daily operations.
• Recommend practical control, risk transfer, or mitigation measures.
• Conduct training and awareness programs to boost risk culture within the organization.
• Support and guide teams on risk management methodologies to foster proactive risk handling at all levels.

Qualifications & Experience

• MBA in Finance from a reputed institution or Chartered Accountant (CA) qualification.
• Preferable additional certification in Risk Management.
• 15 to 20 years of total professional experience.
• At least 5 years dedicated to Enterprise Risk Management in a manufacturing setting.
• Proven ability implementing ERM frameworks and leading risk governance and reporting processes.

Key Competencies

• Expertise in Enterprise Risk Management frameworks and methodologies.
• Strong analytical and problem-solving capabilities.
• Effective communication and presentation skills.
• Leadership qualities with team management experience.
• Ability to influence change and manage stakeholder relationships.
• Knowledge of internal controls and business processes.

Additional Details

• Travel requirement: up to 10 days monthly to manufacturing sites and corporate offices.
• Success indicators include maturation of the ERM framework, prompt risk identification and mitigation, timely closure of risk actions, enhanced risk culture, and high-quality risk reporting.
• Preference given to candidates with deep understanding of ERM best practices, manufacturing industry experience, business acumen, and a proactive approach to risk management.