IIFL - Risk Management Specialist
4 weeks ago
Job Description :
Mortgage Portfolio Risk Management:
The successful candidate will be responsible for managing the entire mortgage portfolio risk at the central level, including various portfolio analyses, root cause analysis, identifying heat maps, and suggesting policy and process changes.
Fraud Risk Management:
The candidate will manage fraud risk across all departments and activities, including transaction and people-level frauds.
Responsibilities include managing the end-to-end cycle of the process, from detection to investigation, customer communication, presenting cases to committees, declaring and reporting frauds as per regulator guidelines, monitoring and review, and presenting reports to audit or other board committees.
Regulatory Compliance:
The candidate will implement and manage all regulatory guidelines related to mortgage risk, including suspicious transactions, willful defaulters, early warning signals, and other activities.
Collaboration:
The candidate will work closely with audit, ERM, policy, process, and product departments to implement controls identified during the activities mentioned above.
Additional Responsibilities:
The candidate will also be responsible for other business and central risk-related activities, such as ECL and ICAAP.
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