Senior Manager

3 weeks ago


new delhi, India DMI Finance Private Limited Full time
About DMI:
Led by technology, powered by creative thinking and driven by innovative partnerships, DMI is reimagining the transmission of credit in India.
Founded in 2008 by Shivashish Chatterjee and Yuvraja C. Singh, and supported by a deeply experienced team, DMI has grown into a pan-India credit platform with core businesses in corporate lending, housing finance, digital consumer and MSME finance and asset management.
DMI is supported by global institutional investors, strategic family offices and leading banks and public market creditors in India.
Job Description:
Purpose: Manage and strategize on end-to-end credit underwriting and monitoring of portfolio of personal loans through digital journey.
Accountabilities:
Underwriting Policies:
Working on solutions for credit underwriting basis different product constructs
Closely work with Data Science team to analyse of the underwriting models prepared by them and validate the performance of the same on current portfolio
Determining performance benchmarks and identify course of action in case of breach
Automation of Credit Policies to ensure no/minimal manual Intervention in assessing the creditworthiness
Determining the right pricing basis segmentation
Working on standardization of policies and processes.
2. Performance monitoring:
Portfolio Analysis and recommending the policy changes to Policy head basis the outcome of the analysis
Periodical credit review of the existing portfolio and conducting various analysis to identify the high-risk segments.
Taking actions to mitigate the risks identified based on portfolio performance
Monitor the delinquent accounts to ensure the achievement of company standards/benchmark of the delinquency.
Identifying technological solutions to improve existing processes and overall portfolio management functions
Analysis of various MIS to monitor portfolio performance and risk.
3. New Partner Integrations
Understanding the product being offered by the new channel partner and the segment being catered to.
Understanding the journey, identifying the set of information available with the channel partner and requisitioning the set of data to be provided at time of application
Creation of policy basis the product, information available and prevailing models
Facilitate data room exercise for new segment of customers
Formulation of policy keeping the expected loss rates in consideration
Monitor the implementation of policy, UAT and production test run of policy and clear the bottlenecks, if any
4. Relationship Management:
- Managing relations with Partners, credit reporting agencies and assisting in all credit operations of the company
Qualifications:
Minimum Qualification required: Postgraduate in Finance/Statistics/Management from A institutes
Qualifications preferred: BTech with MBA
Skills & Knowledge:
Work Experience
Minimum 6 years with 3 – 4 years in risk management and policy creation
Should have a fair understanding of risk performance
Should have a very good communication skill.
Superior Stake holder management skills- Work closely and align with each of the internal functions which includes Business development, Credit and Policy, Data science, Legal, Technology, Operations, Collections, Customer Success team and external stakeholders.
Hands-on experience to work on large structured and unstructured datasets using different data processing and statistical tools is must
Data driven, Analytical approach, Team Player
Main Skills: -
Applicant should be Proficient in -
Data Analytics
Model Validation
Policy Formulation
Portfolio Management
Stake Holder Management
Technical Skills: -
Demonstrated Experience in R/Python (preferred), SQL (MANDATORY), Advanced Excel etc.

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