Risk (Mortgages)

Godrej Capital is a subsidiary of Godrej Industries and is the holding company for Godrej Housing finance & Godrej Finance. With a digital-first approach and a keen focus on customer-centric product innovation, Godrej Capital offers Home Loans, Loan Against Property, Property Loans, Business Loans and is positioned to diversify into other customer segments and launch new products. The company is focused on building a long-term, sustainable retail financial services business in India, anchored by Godrej Group's 125+year legacy of trust and excellence. Godrej Capital has a special focus on learning and capability development across its employee base and is committed to diversity, equity, and inclusion as a guiding principle.

The organization has been consistently recognized as a Great Place to Work receiving certifications in 2022 and 2023. As it stands, Godrej Capital holds a spot among India's Top 50 Best Workplaces in BFSI 2023 and is also recognized as one of India's Great Mid-Size Workplaces 2023. Beyond that, it has also had the honor of being named the Best Organization for Women by The Economic Times in both 2022 and 2023, and the Best Workplaces for Women by Great Place to Work in 2022 and in 2023.

Job Purpose

Lead the Credit Policy and Risk function for Mortgages, driving strategic enhancements in product policies, process improvements, and technology initiatives. Act as a key influencer across departments to ensure robust risk management aligned with business growth.

Key Responsibilities

Credit Policy Leadership

• Independently manage and continuously enhance credit policies, balancing business needs with risk appetite.
• Conduct market studies and peer benchmarking to integrate best practices into product policies.
• Provide timely guidance and responses to policy queries to support business decisions and foster a strong risk culture.
• Engage with senior and top management to present policy updates, portfolio insights, and innovative risk strategies.

Stakeholder Collaboration

• Offer ongoing feedback to Business, Analytics, Technology, Operations, and Credit teams to support product innovation and market responsiveness.
• Disseminate policies effectively through training, knowledge tools, and clear communication to all relevant stakeholders.

Process & System Enhancements

• Identify and drive process improvements based on audit findings, branch feedback, and operational observations.
• Review systems and processes to enhance efficiency, reduce turnaround times, and maintain competitive advantage.
• Ensure closure of audit findings and manage internal, statutory, and regulatory audits with corrective actions.

Portfolio Monitoring & Risk Analytics

• Develop and maintain dashboards to monitor key risk indicators and portfolio health.
• Conduct real-time transaction monitoring to ensure policy compliance and uphold risk standards.
• Provide analytical insights to maintain portfolio quality and preempt emerging risks.

Technology & Innovation

• Liaise between Credit and Technology teams to define and implement system requirements.
• Oversee system changes from requirement gathering to testing, training, and enhancement.
• Champion technology adoption and innovation within the Risk function.

Qualifications & Experience

Education: CA / MBA (mandatory)

Experience: 10+ years in Retail Lending Risk, with strong exposure to Mortgages

Preferred Background: Senior Manager / DGM in a reputed HFC, Bank, or FinTech lending institution

Skills & Competencies

• Strong analytical, influencing, and collaborative skills
• Excellent oral and written communication
• Strategic mindset with hands-on execution capability
• Proficient in Microsoft Office (Excel, Word, PowerPoint); SQL knowledge is a plus
• Deep understanding of retail lending processes, documentation, and risk systems