Team Member-risk-credit Card-risk

**Function: -**Risk Policy unsecured retail Credit Card.

**Location: -**Head Office Mumbai

**Job Role: -**Vice President, Pre-Acquisition Risk policy - Credit Card.

**Responsibilities**:

- Responsible for defining, creating and implementing credit card acquisition policy in line with business requirements & acceptable Risk appetite. Dissemination of Policies to appropriate levels.
- Getting modifications in Business Rule Engine (BRE) as per changes made in the policies. Liaise with BSG/IT team for making changes in LOS/Co-origination systems/FICO and for Automation for Credit Cards boarding in all these system.
- Monitoring various measures and triggers as per documented policy and track performance of existing and new programs for identification of early warning risk indicators. Increase the Pre-approved base by an order of magnitude.
- Conduct UAT for the BRE rules & the deployment of Process flow/changes in UAT environment before rolling out in the Production in origination system. Monitoring the BRE changes post go live in production to ensure successful implementation in LOS.
- Knowledge of statistics and experience using statistical packages for analysing datasets (Excel, Advance Excel, SAS,SAS Macros etc.)
- Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
- Rolling out training on policy changes to Sales, Underwriting team; responsible for giving clarifications and answering queries on product policy matters to Sales, Underwriting team, Branches, Marketing teams etc.
- Identify areas of gap and get them corrected.
- Identify and eliminate irrelevant / unnecessary process flows.
- Identify all areas of process automation and pushing relevant teams to get them implemented.
- Analysis on Sourcing mix, TTD Analysis, Approval Rate monitoring, Reject analysis risk channel/Promo /score band/CIBIL band wise.
- Ensuring timely closure of all audit observations and ensure risk policy & SOP's are always current and updated.
- Continuously audit the implementation part of the processes.Identify the areas of governance requirement, see whether relevant governance processes are in place and ensure implementation of same.

**JOB REQUIREMENTS**

**Skills/Knowledge prerequisites**
- At least 10 years of experience with 5 years of Credit Cards policy management.
- Strong understanding of unsecured lending products like Credit Card, Personal Loans and Line of credit
- Prior experience in managing risk activities in retail lending and portfolio is essential
- Should have knowledge of process and risk policy framing.
- Should have relevant working knowledge of banking systems, BRE and LOS systems.
- Should be able to manage conflicting opinions. Should be able to interact cross function and bring the buying of all stakeholders.Ability to engage with senior stakeholders at a level of Business head, CRO or similar.

**Educational Qualifications**
- Must hold a Master in Business Administration (MBA /PGDM/Equivalent) for a Tier 1 or 2 institute or must be a Chartered Accountant (CA).
- At least a Bachelor’s degree in mathematics/ statistics/ economics/Engineering or equivalent; Master’s degree is desirable.A CFA or FRM certification would be an added advantage.

**Personality Traits**
- Sharp analytical skills and ability to imagine and anticipate probable risks in lending processes.
- Ability to conceptualise and create user-friendly processes and flows.
- Ability to tackle new and unforeseen challenges.
- Attention to detail.
- Sharp verbal and written communication skills,
- Adept in conflict management.
- High level of integrity
- Empathy
- Ability to deliver projects within tight deadlines.