Manage investment risk of managed scheme(s). i.e., market risk, liquidity risk, credit risk and other scheme specific risks within approved limits

Ensure adherence to relevant SEBI guidelines in respect of RMF and relevant principles thereunder including risk identification, risk management, reporting and corrective actions etc., SID, internal & Regulatory limits

Ensure adherence of applicable provisions of Mutual Funds Regulations including Code of Conduct per Schedule V B.

Adhere to the risk appetite framework of the schemes to maintain appropriate risk level for schemes.

Suggest / provide inputs on changes required to risk appetite to the CIO

Recommend reduction/ change in the risk level of the schemes within the Potential Risk Class (PRC) with the approval of CIO.

Report identified risk, risk related events and corrective actions plans to the CIO

Measure risks in accordance with the approved internal policy and risk metric

Periodic analysis of bulk trades and block deals of large values

Analysis and evaluation of ratings received from multiple credit rating agencies for securities across portfolios and take necessary actions

Ensure disclosures made to clients are consistent with investments and holdings

Manage and monitor investments in schemes by conducting –

• o    Quantitative risk analysis

• o    analysis of concentration limits

Ensure adherence to the framework for inter-scheme transfers and perform due diligence at the time of buying securities through inter-scheme transfers.

Ensure maintenance of all relevant documents and disclosures with regard to debt and money market instruments before finalizing the deal

Take corrective action for deviations, if required, as per the approved Delegation of Power (DoP) and escalate major risk related event to CIO.

Responsible for daily management of investment risk of managed scheme(s) such as market Risk, liquidity Risk, credit risk and other scheme specific risks and appropriate risk reporting of any risk related event to CIO

Maintaining risk level as per the risk metric

Undertake immediate corrective action for non-compliance or major finding post approval from CEO as per DoP and shall report to CRO regarding the risk reports.

Perform adequate due diligence of outsourced vendors prior to onboarding

Ensure periodic assessment of outsourced vendors considering following elements:

• o   Review of vendors' people, systems and processes

• o   Documentation and communication of error tolerance and code of conduct and monitoring breaches

• o   Monitor fraud vulnerabilities in the outsourced process