Director - Financial Risk Management (FRM)

Job Description

As the Director leading DFRC’s FRM consulting practice, you will define the strategic vision, build capabilities, skills and assets, establish and expand market presence, lead CXO/ customer discussions and proposals and drive end to end execution of credit, market, liquidity & counterparty credit risk, capital management, regulatory and risk transformation programs and initiative across banking and financial services.  

Role Requirements

Client Advisory 

Lead Consulting engagements in credit risk modeling (PD/LGD/EAD), IFRS 9 / CECL, Market & liquidity risk frameworks, stress testing, ICAAP/ILAAP, Capital adequacy, Basel III/IV regulatory reporting.

Act as a strategic advisor to CROs, CFOs, and senior risk leaders on supervisory expectations, regulatory developments, and emerging industry practices.

Solution Design & Proof-of-Concept (PoC) Initiatives

Design end‑to‑end FRM solutions tailored for retail/wholesale/CIB portfolios, and other risk functions across credit, market, liquidity, and capital risk domains

Oversee the development of Proof‑of‑Concept (PoC) models and prototypes to demonstrate feasibility of new methodologies, analytics, or regulatory approaches

Leadership & Team building 
Build high-performing teams and lead a multi-level team of consultants, managers, and specialists across FRM domains, operate with autonomy, and deliver tangible business outcomes.

Develop practice capabilities through structured training, hiring, engagement rotations, and domain knowledge frameworks.

Asset Development & GTM
Create consulting accelerators, offers, playbooks, and demo environments to support asset-based consulting and GTM initiatives.

Business Development & Pre Sales

Lead business development initiatives—including opportunity identification, proposal creation, client presentations, and solution shaping.

Develop differentiated service offerings, accelerators, diagnostic tools, and thought leadership to strengthen market presence

Stakeholder Engagement
Build executive relationships and collaborate with technology partners; integrate leading Data platforms.

This person will have

• In-depth hands-on expertise and knowledge of relevant regulatory frameworks (e.g. Basel III/IV, IFRS 9/CECL, stress testing, ICAAP/ILAAP etc.) and experience in implementation of at least one regulatory requirement.
• Stay ahead of industry trends and innovations in AI-Powered innovation.
• Excellent verbal and written communication skills, with the ability to present complex risk issues to senior executives in a clear and actionable manner.
• Exposure to large-scale customer platforms deals/engagements with multinational clients in the market; lead conversations with clients’ CxOs/VPs regarding FRC tools and platforms.

The candidate should have strong leadership skills with proven experience managing and developing high-performing risk management teams, and the ability to influence senior management and global teams on strategic risk decisions. The firm seeks not only a strong leader who can articulate a vision, but one who can also drive execution of that vision in a very concrete manner that results in tangible business outcomes.

The role demands a high level of autonomy; a strong appetite to drive change and overcome organizational complexity; and a high level of drive to build a business from its current strong foundations to a potential billion-scale business.

Primary skills

• 18+ years in FRM domain including experience working with Credit, market, and liquidity risk methodologies. Strong knowledge of Capital management, RWA optimization, financial risk modelling (PD/LGD/EAD), Risk data architecture, regulatory reporting, and model lifecycle processes
• Proven leadership of large-scale FRM transformation programs across credit, market, and liquidity risk.
• She/He should have experience in identifying new business opportunities within existing and prospective clients to support business development efforts.
• Consulting experience in banking, insurance, or financial services preferred.
• Bachelor’s or Master’s degree in Business Administration, Engineering, or related field
• Exceptional ability to simplify complex issues for senior executives; strong presentation and demo skills.