AVP/GM - Policy - Unsecured Business Loans

AVP /GM - Policy - Business Loans - Unsecured

We are looking for GM/AVP - Policy for a leading client into financial services.

KRA's:

a) Credit Policy Development: Develop, review, and enhance the credit policy framework & procedures for LAMF product to maintain a balanced and effective risk management approach while supporting business objectives. Develop a prudent framework for selecting appropriate mutual funds for lending and define fund-level exposure limits.

b) Risk Assessment & Portfolio Monitoring: Assess credit risk in the portfolio on an ongoing basis and recommend appropriate risk mitigation strategies. Establish best-in-class credit monitoring mechanisms to actively track underlying mutual fund NAVs, security pledging process and overall market scenario. Formulate guardrails for assessing the performance of the credit portfolio and proactively identify potential areas of concern including monitoring fund-level exposure limits. Device strategies for exiting/cutting down exposures on risky / potentially risky funds.

c) Market & Competition Analysis: Gather intelligence on competition products and processes and market landscape and utilize the same to enhance credit policy framework and risk mitigation strategies.

d) Data Analysis & Automation: Utilize data analytics to gain insights into credit trends, customer behavior, and portfolio performance, and use this information to optimize credit policy decisions. Collaborating with Data Science & Tech Team for increasing extent of automation and system decisioning to maximize the coverage of transactions through system.

e) Regulatory Compliance: Stay up-to-date with the latest regulatory guidelines and ensure the credit policy adheres to all relevant legal and regulatory requirements set forth by relevant authorities.

f) Policy Communication and Training: Effectively communicate the credit policy guidelines to relevant stakeholders and conduct training sessions to ensure adherence and understanding.

g) Cross-functional Collaboration: Collaborate with various departments, including Finance, Operations, IT, Data Analytics, Business, Credit and Collections, to integrate credit policy considerations into their respective functions.

h) Ad-hoc assignments: Ad-hoc assignments related to credit risk, portfolio analytics, strategy inputs to senior management etc. from time to time.