Financial Risk Management Specialist
4 days ago
Job Title: Financial Risk Management Specialist
We are seeking an experienced Credit Risk Manager to join our team. This role will be responsible for handling secured and unsecured loan risk management, policy formulation, portfolio evaluation, loss management, and stakeholder engagement.
About the Role:
This is a challenging opportunity for a highly skilled professional to take on a leadership role in credit risk management. The ideal candidate will have extensive experience in risk management, preferably in unsecured lending, with expertise in data analytics, statistical modeling, and policy formulation. They will also possess excellent communication skills to engage effectively with cross-functional teams and external stakeholders.
Key Responsibilities:
• Develop and implement effective risk management strategies for secured and unsecured lending portfolios.
• Formulate policies for new partners and channels, ensuring compliance with regulatory requirements.
• Analyze data to identify high-risk segments, perform exploratory data analysis, and conduct deep dive analysis to identify opportunities for cross-selling and product bundling.
• Build and validate statistical scoring models to aid customer segmentation.
• Collaborate with the tech team to design, test, and implement changes to policies and procedures.
• Monitor and evaluate portfolio performance, benchmarking against industry standards.
• Forecast losses for secured and unsecured lending portfolios and develop strategies to mitigate risks.
• Engage with cross-functional teams and external stakeholders to ensure correct implementation of credit policy guidelines.
• Lead discussions with external stakeholders and channel partners during engagement calls.
Requirements:
• Bachelor's degree in Engineering, Finance, Statistics, or Data Science, with knowledge of statistics and programming languages such as Python/R.
• Master's degree in Finance or MBA with knowledge of statistics and Python/R is preferred.
• 3-7 years of experience in risk management, preferably in unsecured lending.
• Strong experience in data analytics, statistical modeling, and policy formulation.
• Excellent communication and interpersonal skills.
• Proficiency in R/Python, SQL, and advanced Excel skills including pivot tables.
Salary:
The estimated salary for this role is ₹30,00,000 - ₹50,00,000 per annum, depending on experience.
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