Risk Management Strategist
14 hours ago
DMI Finance Private Limited is seeking a skilled Risk Management Strategist to join our team. The ideal candidate will have experience in risk management, data analysis, and statistical modeling.
Job Description
The incumbent will be responsible for handling secured and unsecured loan-risk and policy for consumption and personal loans portfolios. They will also help maintain minimum loss rates for loan portfolios and identify opportunities to increase portfolio size.
Data Analytics
- Analyze data to identify high-risk segments and limit loss rates.
- Perform exploratory data analysis to identify interesting trends and insights.
- Carry out deep-dive analysis on data to identify cross-sell or product bundling opportunities.
Model Validation
- Build and validate statistical scoring models for secured and unsecured lending portfolios to aid customer segmentation.
Policy Formulation
- Develop new policies for new partners and channels for EV financing of retail, DCO, fleet, and leasing programs.
- Review and update policies for existing partners in case of any changes.
- Work with the tech team to design and implement test cases for policy changes.
Portfolio Management
- Constantly evaluate portfolio performance and benchmark against industry standards.
Loss Management
- Monitor CL and PL portfolios daily/weekly for any increase in risk (loss rates).
- Forecast loss for CL and PL portfolios.
Stakeholder Management
- Interact with cross-functional teams and drive the credit policy agenda.
- Ensure correct implementation of credit policy guidelines in origination systems and decisioning platforms.
Requirements
- Bachelor's degree in Engineering, Finance, Statistics, or Data Science with knowledge of statistics and Python/R.
- MS or MBA with knowledge of statistics and Python/R preferred.
- 3-7 years of work experience in risk management, preferably in unsecured lending.
- Good understanding of R/Python, SQL, and advanced Excel skills, including pivot tables.
We offer a competitive salary of $80,000 - $120,000 per annum, depending on experience. If you are passionate about risk management and data analysis, please apply.
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