Operational Risk Manager

3 weeks ago


delhi, India HDFC Credila Financial Services Limited Full time
About the Company
The Company is a Systemically Important Non-Deposit taking Non-Banking Finance Company looking to hire a Risk Manager for their Risk Management team.
The Company focuses on providing Education Loans to Indian students for studies both in India and Abroad. The Company presently has a book size of over Rs. 25,000 crores
Responsibilities
Meeting and communicating with the various stakeholders across locations on an ongoing basis to understand the risks associated with the business and making timely recommendations on risk appetite
Ensuing timely review of risk registers received from the various risk owners and risk managers - assist in the approval process, check efficacy of the rating & scales assigned from time to time and on a timely basis update the management of any new risks as well as any risks which have to be demised. Performing a risk assessment: Analyzing current risks including the outsourcing, emerging and fraud risks and identifying potential risks that are affecting the Company
Responsible for incident reporting / fraud reporting and creating risk awareness amongst various users
Reviewing the various policies from time to time and suggesting any changes / amendments thereto as well as drafting new policies as may be required from enterprise risk management point of view
Taking initiatives in and driving process improvements
Monitoring key metrics like TAT, Rejections, Approvals, Deviations, etc. which reflect the abnormal variance from benchmarks which will ensure operational efficiency
To analyze and update on an on-going compliance with necessary regulatory requirement(s)
Analyze and review investments & monitor changes to structural liquidity data
Peer comparison of borrowing mix & asset mix
Engage with external vendors such as Fintechs, Regtechs, Risk consulting firms, Research Agencies, etc. to evaluate new products, services, projects, etc. available in the retail asset finance space
Skills
Have strong business understanding of the retail lending business in India and understanding of the regulatory landscape
Have understanding of processes, controls, etc.
Proficiency in MS Excel - analytical/technical skills in order to infer meaningful insights from the information obtained
Excellent communication skills, both verbal and written
Qualifications and Experience
Post Graduate Diploma or Degree in Business Management / MBA / CA
Preference to be given to candidates with a Degree/ Certification in Data Science / who may have worked on statistical models
2-5 years of experience in the areas of Risk Management in the areas of Financial Risks and Operational Risk (preferred).
Job Location: Mumbai (Kalina)

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