Vice President

4 weeks ago


Mumbai, Maharashtra, India iimjobs Full time

Mandatory - only credit cards

- To give effective credit support for meeting the business targets.

- To frame the credit card policy framework (acquisition and account management policies), processes and workflow, assist in growth of the credit card business in India

- Support implementation of credit decision module on Credit cards technology platform

- Credit cards credit policy management and MIS analytics for portfolio monitoring and regular reviews

- Partnership with product development, collections, systems and operations team to ensure product development and roll out objectives are met

1) Coordination with relevant stakeholders and ensure alignment of objectives

2) Monitor portfolio performance through a structured early warning mechanism

3) Ensure system changes keep pace with product development and ensure adequate controls

4) Assist on developing Fintech partnerships, vendor empanelment, UAT activities on system changes

Compliance with all internal and RBI/MAS guidelines:

1. Manage policy / processes for mainly Credit cards for the consumer retail portfolio pan India

2. Assist in the preparation & implementation of product programs

3. Facilitate regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions

4. Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance

5. Drive portfolio management initiatives through the credit cycle management framework by working in partnership with product managers, credit systems team, credit operations team and collection team

6. Work in partnership with credit systems support team to implement key credit policy criteria in relevant credit acceptance & evaluation systems

7. Escalate on timely basis significant risk issues to business management and manager for taking appropriate remedial actions

8. Ensure timely completion of RCSAs including appropriate action plans to address identified control gaps

9. Ensure issues/action plans arising from Risk & Control Self-Assessments, risk events, KRIs, regulatory inspections or other risk issues are properly followed up

- Minimum years of experience in Consumer Banking with minimum 5 years experience in Credit Cards - Credit Risk Policy

- Exposure to Digital Lending space would be good to have

- Professional qualification, graduate or post graduate degree, preferably in business, accountancy, economics, finance etc, along with sound domain knowledge of the unsecured loans business and market.

- Tier 1 educational institutions will be given preference.

1) Good analytical skills

2) Good presentation skills

3) Good interpersonal skills

Good knowledge of the financial services/banking industry:

1) Sound knowledge of policies / lending frameworks followed for this product.

2) Good knowledge of credit evaluation methods, tools & techniques

3) Exposure to Digital channels, Fintechs and online tools of credit dispensation.

4) Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.

- Knowledge of various banking products and risks associated with them

- Good working relationship with Consumer Banking Relationship team, Consumer Operations, other product teams, RBI inspectors, regulators and other external agencies.



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