Company: One of the largest NBFC having close to 400 Branches PAN India  Designation: Head Risk & Underwriting- SME  Reporting to: Management Committee  Reportess: Regional Heads  Location: Mumbai  Key Accountabilities:  - Conceptualize and build the Risk, Underwriting and Collections strategy for the SME Business.   - The business is targeted to grow to a scale of INR 8000 Crs Assets under Management.  - Enable high quality growth for the SME business to meet our strategic objective of 25% AUM in the next 3 - 4 years.  - Deliver a profitable SME Business with ROE of 15%-18% by growing all the revenue pools and business segments of Secured & Unsecured SME.  - Build market share of 10%-12% in each of the identified Business segments of t he SME Business in the next 3 - 4 years  - This role reports to the Management Committee which consists of President - SME Business & COO – Chief Operating Officer.  - The role of the Head - Risk & Underwriting requires a deep understanding and hands on experience of SME businesses & Self-Employed professionals, their financial statements and financial ratios as well as industry knowledge & market intelligence, to ensure that only credit worthy companies and firms are extended loans.  Risk:  - Design and implement robust risk policies and frameworks for underwriting of Loans to SMEs & Self Employed Professionals and building AUM of 8000 Crs in the next 3-4 years.  - Key emphasis on building a diversified and a high quality loan portfolio.  - Review of portfolio and key risk indicators.  - Initiate implement and Manage portfolio management programs. Develop market risk methodologies to ensure early assessment of risk for the company.  - Scan the external environment continuously and re-adjust the risk management model on a proactive basis to deliver a low risk and robust portfolio.  - Develop specialized analysis to ascertain portfolio performance, segmentation and new booking trends.  - Closely monitor delinquencies and losses on regular basis and proactively identify and mitigate the risks associated.  - Take action on items from quality assurance as and when required.  - Examine documentation of credit policy to ensure new processes and procedures are updated and are in adherence.  - Design and deliver the best in class market risk policies & procedures.  Credit:  - Underwriting of Loans to SMEs & Self Employed Professionals and building high quality AUM of 8000 Crs in the next 3-4 years.  - Key emphasis on building a diversified and a high quality loan portfolio.  - Leading a team of subject matter experts in policy, underwriting and collections across cities delivering on time turnaround time & exceeding all quality benchmarks.  - Drive ownership of internal processes & compliance with underwriting policies enabling Business & Operations in meeting the long term strategic goals of the business.  - Managing credit policy design & implementation.  - Ensures appropriate controls and lending guidelines are in place for monthly originations.  - Ensures proper compliance and audit guidelines are adhered to.  Collections:  - Formulate and implement a leading business - collections and underwriting - collections strategy in the company for the LAP business.  - Define the collections and the legal collections ladder and ensure smooth implementation of the same.  - Ensuring regular monitoring of all statutory and legal compliance requirements of the company.  - Managing customer / legal escalations and regulatory issues pertaining to collections.  - Design and develop robust processes and the legal collections system to automate routine affairs like notice management, arbitrations and executions

Mumbai

Head - Risk & Underwriting - SME Business 

Head - Risk & Underwriting - SME Business  ,Job Description for Head - Risk & Underwriting - SME Business  in IKYA Human Capital Solutions Ltd in  Mumbai for (12-22) years of experience. Apply Now!

Job Description for Head - Risk & Underwriting - SME Business  in IKYA Human Capital Solutions Ltd in  Mumbai for (12-22) years of experience. Apply Now!