Key Responsibilities:

The position involves defining the strategies associated with Credit, Collections, Operational, and Risk containment risks, with a focus on Credit & Collections Risk. Responsibilities include:

• Draft and develop NBFC CD Risk Management and Credit Policy, and review/update it periodically for compliance with RBI norms. Specifically, this will be at a product level.
• Establishing a co-lending framework with partners and monitoring it.
• Engagement with stakeholders and partners on the quality and mix of acquisition portfolios.
• Evaluate different risk metrics i.e Bounce rate/0+/30+/90+ to keep control on early delinquencies.
• Monitoring of fresh acquisitions through the door on a regular basis.
• Maintaining a good portfolio mix by identifying marginal segments in a timely manner to ensure sourcing quality and identify business opportunities in better segments to grow portfolios.
• Develop customer Risk segmentation as a part of policy framework to identify cohorts.
• Monitoring of TTD, Approval and conversion metrics and identify opportunities to enhance business or marginal segments to maintain a sound portfolio.
• Awareness on recent market updates and competitors’ policy to accommodate timely changes in the policy
• Engage with the analytics team to build robust score card models for defining customer segmentation to identify the right line for right customers based on risk assessment.
• Risk based Pricing policy to be defined to ensure the right price for the customer based on the risk category of the customer.
• Drafting policy on operation risk and risk containment to avoid losses.
• Ensure right sourcing mix and location concentration in the portfolio.
• Build Acquisition portfolio dashboards and reporting of the same to senior management
• Engagement with Bureau and vendors to identify risk mitigation tools.
• Ensure relevant approvals from the Board, for risk management policies as prescribed by RBI.
• Acquisition and/or development of decision support tools for retail credit-risk for NBFC.
• Ensure all acquisition policy rules are properly coded in the system to avoid leakages.
• Propose and promote a common risk culture and awareness to be accepted throughout the company.
• Set objectives for measuring, monitoring, evaluating, and mitigating the risk exposure of the company and ensure that they are reported in a timely manner to regulatory entities and the management. Industry level exposures, customer profile cohort exposures etc.
• Recommend and maintain proper approval processes, to ensure proper risk control.

Job Requirement

Other job-related requirements

• Minimum 7-8 years of experience in CD product risk management. In depth understanding of lending portfolio risk metrics and their implications.
• Demonstrate proficiency with Risk Management practices including policy/procedure development.
• Excellent analytical and problem-solving skills. Must be well versed with Advanced Excel, SQL and Tableau
• Excellent communication, organizational and managerial skills.