Lead Risk Policy
2 days ago
Role & responsibilities
• Draft the credit policy for the personal loan product seeking to achieve a balance between business growth and risk metrics.
• Closely interact with the technology team to ensure that the credit policy rules are appropriately coded in the Business rule engine.
• In addition, adhere to Regulatory and Audit Compliance
• Review and Monitor Branch Underwriter in Loan Appraisals, TAT, Risk Appetite and Support to Business
• Assist in building towards a strong digital credit appraisal process
• Process Key Improvement Activities
• Proactively monitor the credit performance of the portfolio and make suitable changes to the policy to reduce segments that have a disproportionate contribution to credit losses
• Conduct Review of the disbursements Files to validate Process requirements and Policy adherence Completeness and Accuracy
• Proactively inform Team of Upcoming Red Flags and Triggers
• To identify Portfolio Risk in Underlying Business Practices and Fraud Exposures
• Training the Credit Managers on Processes and policies
• Work Closely with Regional Sales , Product Group and Credit Managers and Operations to constantly refine credit underwriting processes in Region / State.
• Work closely with the Decision science teams to aid in the development of robust credit models
• Maintain data on Credit waivers and Deviations and track the same
Preferred candidate profile
CA / MBA – Finance with 10+ years of experience in Risk policies for personal loan in Bank / NBFC can apply -
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