Agent 06 / 40 · Chief Risk Officer
ICAAP Stress Agent
Runs capital adequacy and stress scenarios.
Skills
- ◆ Capital ratio projection
- ◆ Macro stress scenarios
- ◆ Reverse stress testing
- ◆ ICAAP document drafting
Time window to tackle
8 weeks
14 days10 weeks
Risk mitigation prime
Keeps capital above regulatory minimums under stress.
CXO position — prime lead
Chief Risk Officer (CRO)
Regulator
RBI (ICAAP, Basel III, IRACP norms)
Penalty clause
Breach of prudential norms attracts RBI monetary penalties under Section 47A of the Banking Regulation Act, plus possible Prompt Corrective Action restrictions on lending, dividends and expansion.
Indicative summary for awareness — verify against the current Act, regulation and circular.