Lead Policy

3 days ago


mumbai, India IDFC FIRST Bank Full time

Role/Job Title:  Lead Policy - Home Loans

Function/ Department:  Retail Risk

Job Purpose:

The role holder has the responsibility to review performance of Business Loans portfolio and continuously monitor risk across the portfolio. The role holder is resposnisble to review the acquision and portfolio management policies and ensuring the growth of portfolio in right direction within the Risk appetite of the bank. The role includes interacting and coordinating with all the control functions and respective stakeholders of the Bank like Business Risk/ Product/ Audit/ Analytics / Operations/Technology for effective and efficient delivery and controls of project and process within specific timeliness.

Roles & Responsibilities:

Position with retail risk team under CRO vertical, with reporting to Risk Head – Home Loans or equivalent  Understanding of retail loan products, especially Home Loans/ Affordable Home Loans/LAP – preferred experience in Underwriting / Policy / Risk teams. Data crunching abilities. Detailed knowledge of portfolio review basis nature/market and features of product and ability to understand stress segment. Setting ups of risk thresholds for the assigned products within the overall risk appetite of the bank, in coordination with business teams based on yearly projections and budgets.  Risk reporting of portfolio and breaches to thresholds set product wise. Ability to analyze reasons of portfolio performance and enact on corrective measures appropriately. Vetting policy proposition and approving policy modifications based on merits and associated credit risk. Understanding of credit scoring models and work with stakeholders to strategize model deployment. Proactive engagement with counterparties / stakeholders for fruitful discussion and execution of risk practices. Regular monitoring of the portfolio performance on early risk indicators/ TTD trends / Segment Mix for assessment of impact of the policy changes.  Willing to work on complex data for meaningful insights to enable risk assessment and decision.  Individual Contributor role.

Education Qualification: 

Post-graduation: Any Post-graduation

Experience:  10 to 18 years of relevant experience in banking / NBFC experience in credit / policy / risk domain for retail home loans.



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