Assistant Vice President - Risk Policy - Loan Against Property - NBFC

Designation : AVP - Risk Policy - LAP

Company : Leading NBFC

Product : LAP

Job responsibilities :

Business and Financial Management :

- Loss forecast, track portfolio performance basis the loss plan

- Business forecast- balance the business and loss forecast, calibrate policies to achieve management numbers.

- Portfolio management activities- based on collection feedback and early warning signals.

- Identify and act upon various risk arising out of credit/process activities.

- Risk mitigation- bureau/rating agencies/collection reports to be reviewed

- Do periodical stress tests to ensure necessary actions are taken in markets having sharp movement in real estate prices.

Process / Quality Improvement :

- Define credit policy and process in accordance with ROC approved guidelines.

- Monitor credit program norms as per group credit standards

- Track and react to external influence on portfolio- Bureau/rating agencies

- Ensure all regulatory guidelines are adhered to and reporting is done on time.

- Process adherence as measured by audit ratings, FTR score and TAT are key deliverables.

- Quality as measured by delinquency, bounce rates and loss

Ajay