Risk Policy Vice President

3 hours ago


Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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.

Job 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.
  • Managing Risk deliverables for assisted & DIY journey for sourcing credit card applications to facilitate digital fulfilment journey & lead management
  • 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.
Experience LevelExecutive Level

  • Mumbai, Maharashtra, India Kotak Life Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Role:Functional Head - ProcurementJob Title:Deputy Vice President / Vice PresidentWork Experience:12 years +Education:CA / MBADepartment:PurchaseWork location:Goregaon (East), MumbaiStrategic Planning: Develop and execute a comprehensive procurement strategy. This includes identifying new sourcing opportunities, back up vendors,Team Leadership & Management:...


  • Mumbai, Maharashtra, India At Moon Ventures Pvt Ltd Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Vice President – EFRM, Risk Management & ComplianceLocation:Mumbai (Mira Road)Company:AtmoonDPS (Division of Atmoon Ventures Pvt. Ltd.)About Us:AtmoonDPS is a next-generation digital payment solutions provider, delivering secure and scalable payout and collection services for businesses across industries. We are committed to innovation, compliance, and...


  • Navi Mumbai, Maharashtra, India Evoke HR Solutions Pvt. Ltd. Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Position:Assistant Vice PresidentLocation:Seawoods, Navi MumbaiExperience:14–15 years (Post-Qualification)Industry:Life InsuranceEducation:LL.B.Job Summary:The role involves end-to-end management of commercial contracts including drafting, reviewing, negotiation, and legal risk mitigation. The candidate will also handle corporate and branch lease...

  • Vice President

    2 weeks ago


    Mumbai, Maharashtra, India, Maharashtra Evoke HR Solutions Pvt. Ltd. Full time

    We’re Hiring – Vice President (IFRS Reporting & Compliance) We are looking for a seasoned Finance Leader to drive IFRS compliance and financial reporting at a leading life insurance company. This is a senior leadership role that requires deep expertise in IFRS 17 & IFRS 9 and proven experience in managing finance teams.Job Title: Vice President –...


  • Mumbai, Maharashtra, India Evoke HR Solutions Pvt. Ltd. Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Job Description: Vice President – TaxationExperience Required:15+ yearsIndustry:Insurance / ServicesEducation:Chartered Accountant (CA)About the RoleWe are seeking an accomplished and forward-lookingVice President – Taxationto lead and manage the complete tax function for our organization. The ideal candidate will bring deep expertise in bothDirect and...


  • Mumbai, Maharashtra, India LOCKENE Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Company DescriptionLockene is a powerful software designed to transform business operations by connecting businesses and customers through our top-rated CRM solution. With over 15 years of industry experience, Lockene offers comprehensive services and solutions in strategy, consulting, and digital. Our innovative approach aims to streamline and enhance...


  • Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Company DescriptionKotak Mahindra Group, established in 1985, is one of India's leading financial services conglomerates. Kotak Mahindra Bank Limited, the Group's flagship company, gained its banking license from the Reserve Bank of India in February 2003. The Group offers a comprehensive range of financial services, including commercial banking, stock...

  • Vice President

    2 weeks ago


    Mumbai, Maharashtra, India National Institute for Smart Government (NISG) Full time ₹ 2,00,00,000 - ₹ 2,50,00,000 per year

    PositionVice President - ITLocation: Navi MumbaiReporting To: Chief Technology OfficerPosition Overview:UTIITSL is seeking a Vice President IT to drive application development, automation, and the business implementation of next-generation technology solutions. The role will focus on leveraging AI/ML, process automation, and digital platforms to enhance...


  • Mumbai, Maharashtra, India The Citco Group Limited Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    We are seeking a skilled professional to join our expanding Group Compliance Team, specializing in our Regulatory Change Management (RCM) function. Reporting directly to a Vice President of Group Compliance, this role offers an exciting opportunity to shape and strengthen Citco's regulatory framework at a global level. Expertise in analyzing and...


  • Mumbai, Maharashtra, India Jainam Broking Limited Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Company DescriptionJainam Broking Limited offers a wide range of financial services including equity trading, commodity trading, research and analysis, wealth management advisory, E-broking, E-KYC, and customized services. The company is a one-stop destination for all financial needs and services.Role DescriptionThis is a full-time on-site role located in...