Risk Management Specialist

2 weeks ago


Bengaluru, Karnataka, India Ujjivan Small Finance Bank Full time
Job Title: Manager- Credit Risk and Analytics

Ujjivan Small Finance Bank is seeking a highly skilled and experienced professional to fill the role of Manager- Credit Risk and Analytics. This position will be responsible for designing and developing advanced risk analytics solutions and credit rating systems in collaboration with Analytics, IT, and Business teams.

Key Responsibilities:
  • Design and implement credit scorecards for various asset classes.
  • Ensure lifecycle management of all existing/new scorecards (Application & Behavioral).
  • Perform regular model monitoring and continually improve the model governance practices.
  • Translate business problems into clear analytic problem statements.
  • Collaborate and assist in designing and development of advanced analytics solutions in collaboration with Analytics, IT, and Business teams.
  • Measure and articulate how analytic results help in improving Bank's business and financial metrics.
  • Involve in scoping, development, and deployment of explanatory, predictive, and prescriptive solutions.
  • Build and develop BI dashboards and reporting frameworks.
  • Coordinate with business, credit, compliance, and audit to formulate and enhance the risk management framework.
  • Drive communication of all risk-related policies, guidelines, latest developments across the bank to facilitate compliance to it.
  • Present new scorecard strategies to management committees and board. Provide leadership by interpreting regulatory guidelines related to credit risk model management & governance.
  • Regular review of the risk outlook and impact of portfolio quality and recommend risk mitigation measures, if warranted.
  • Ensure timely and accurate delivery of Credit Risk reports. Interpret the information and suggest actions for consideration by Senior Management.
  • Participate in scheduled meetings of Risk management Committee (for credit risk only).
  • Proactively work on the monthly or quarterly regulatory reporting on risk-related aspects.
  • Ensure the committee recommendations are documented and implemented effectively.
  • Provide inputs for collating Tranche I and II points as part of Risk Based Supervision.
  • Maintain a knowledge base of best practices followed for credit risk modelling, provide advice on upgrading existing infrastructure and link the same to pricing strategy.
  • Maintain current knowledge of laws and regulations, keeping abreast with the most recent developments in regulations, notifications, and circulars and disseminate the information regarding new regulatory developments.
  • Maintain a knowledge base of strategy failures and implications, provide advice on preventive actions and link the same to risk strategy.
  • Ensure goal-setting, midyear-review, and annual appraisal process happens within specified timelines for self.
  • Participate in industry-level discussions to debate on the regulations or the best practices of risk management impacting micro banking, whenever called.
  • Train credit and business on the risk management framework.
  • Participate in relevant business, credit, collections, and audit reviews.
Requirements:
  • Post-Graduate or Advanced Degree in Data Science/Statistics.
  • At least 5 years of experience in Risk Management from a Nationalized Bank/Private Sector Bank/Large NBFCs.
  • Function Specific Certification (CFA, FRM) is preferred.
  • Excellent programming skills (Python, SaS, R).
  • Sound understanding & clear experience of Credit Scorecard Development & Implementation.
  • Good Understanding of portfolio management techniques including analytics.
  • Understanding of Risk Management principles & thorough understanding of the evolving practices for the management of credit risk and regulatory requirements.
  • Knowledge of RBI policies/guidelines relevant to SFBs/NBFCs.
  • Experienced in Visualization Tools (Tableau, Power BI, Qlik Sense) is preferred.
  • Experienced in SQL is preferred.
  • Knowledge of Risk Based Pricing & ECL Modelling is preferred.
Behavioral Skills:
  • Interpersonal communications.
  • Stakeholder management.
  • Project management skills.
  • Problem-solving & critical thinking.
  • Planning & organizing.


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