Aye Finance

Job Title : Deputy Vice President, Risk Management

Location: Gurugram

Role Objective :

Assist the Chief Risk Officer in setting the strategic risk management vision for the organization and executing the strategy in partnership with various stakeholders.

Responsibilities :

- Application Roadmap Development: Create a comprehensive Application Roadmap for the Loan Origination System (LOS) and interlinked applications, ensuring alignment with business objectives.

- Digital Transformation Support: Lead and support digital transformation initiatives to enhance operational efficiencies, improve client experiences, and expand market reach.

- SDLC Management: Oversee the complete Software Development Life Cycle (SDLC), starting from business requirements documentation (BRDs) to techno-functional specifications, development, User Acceptance Testing (UAT), and production release.

- Business-IT Translation: Translate business requirements for core applications into actionable inputs for IT partners to ensure effective delivery.

- Cost-Benefit Analysis & Prioritization: Conduct cost-benefit analyses for major projects and recommend a prioritization framework that aligns with business objectives.

- Stakeholder Engagement: Engage effectively with user groups to meet project delivery objectives and provide regular status updates on various projects.

- Regulatory Compliance & Best Practices: Ensure compliance with regulatory requirements and identify and implement best practices related to information security.

- IT Governance: Drive the IT governance framework for new product development, enhancement, and release management.

- Project Management: Ensure efficient project management and adherence to project objectives, maintaining rigorous oversight of timelines and deliverables.

- Management Reporting: Provide regular management reporting to update senior leadership on project progress, risks, and outcomes.

Areas to be Managed:

- Loan Origination System (LOS)

- Customer Application

- Digital Product Platform

- Application Development and Support

- Vendor Management

- Project/Program Management

Desired Profile:

- Financial Services Expertise: Proven experience in retail financial services, with exposure to SME lending being desirable.

- Technical Knowledge: Deep knowledge of Loan Origination Systems and customer-facing channels such as IVR, ACD, CRM, Internet Banking, and Mobile Banking.

- Digital Integration: Experience in designing and implementing digital journeys and integration with third-party services for KYC authentication, account aggregation, messaging platforms, credit bureaus, etc.

- Technology Trends: Strong understanding of emerging technology trends in retail A graduate or master's degree in Computer Science, Engineering, or a related field is required.

Key Competencies:

- Strategic Vision

- Operational Efficiency

- Digital Transformation

- Regulatory Compliance

- Project Management

- Stakeholder Engagement

- Technical Proficiency

Join us to drive strategic risk management initiatives and transform the digital landscape of retail lending