Risk Policy /risk analytics AVP Job Purpose : The purpose of the role is to support policy development and downstream tracking and course correction for Portfolio Management for Credit Cards. The role will include the following: Policy formulation and optimization for: a. Balance Build / Revenue Enhancement offerings for Cards such as Balance Transfer, Cash on EMI, Loan on Phone b. Exposure Management actions such as CLD / Blocking c. Authorizations: - Initiation of activation, utilization and retention strategies as appropriate for different portfolio segments and ensure that all aspects of portfolio management result in metric profiles consistent with approved credit card program. - Cross Sell opportunities for liability and asset customers - Oversight and management of policy coding on key systems such as TRIAD - Tracking of portfolio performance and policy changes for course correction - Interactions with business stakeholders to capture policy asks - Generation of Analytics / MIS to support policy changes and policy tracking Principal responsibilities : - Responsible for supporting the Head of INM WPB Risk on overseeing credit risks for retail unsecured lending portfolios. - Perform analysis on credit test performance, portfolio concentration and credit quality - Identify early warning signals and emerging risks, and propose actions to effectively control bad debts within appetite - Partner with regional and local market teams on business expansion initiatives (new markets, segments, channels, etc.) and provide guidance for balanced and sustainable growth - Work closely with Regional Analytics teams to devise acquisition and account management tests / strategies for credit cards Impact on the Business/Function : - Review portfolio trends on delinquencies and losses for Cards - Review Balance Build / CLI waterfall by product to optimize the risk/return trade off - Review performance of portfolio frameworks such as PRG- check performance against benchmarks. - Review vintage performance of Balance Build products by segment - against benchmarks. - Complete analytical projects to optimise risk reward balance and ensure portfolio losses remain within appetite. - Prepare thematic reviews for inclusion in submissions to various forums. Customers / Stakeholders : - Build and maintain excellent working relations within the risk function and country risk and business teams. - Manage relationship with stakeholders in WPB Retail Assets, D&A, and RRA teams. - Ensure new risk strategies are appropriate for customer. Leadership & Teamwork : - Support achievement of the HSBC vision, values, goals and culture in personal behaviour, actions and decision making. - Share best practices and encourage others to do the same in the best interests of HSBC and its customers. - Take personal responsibility for understanding and agreeing performance expectations, completing the necessary mandatory training and developing the levels of capability and competence needed to be effective in the role. - Contribute to team effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment. Operational Effectiveness & Control : - Maintain a robust and efficient control environment across specialist area to ensure good operational, financial and compliance with HSBC policy and procedures, together with early identification and effective resolution or escalation of issues that arise. - Contribute to the implementation and monitoring of the application of policies, governance frameworks, procedures, practices and standards to ensure quality, effective risk management and regulatory compliance. Management of Risk : - The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation. - The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the 'Three Lines of Defence'. The jobholder should ensure they understand their position within the Three Lines of Defence, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required. This will be achieved by : - Continuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. - Ensuring all actions take account of the likelihood of operational risk occurring, addressing areas of concern in conjunction with Risk and relevant line colleagues, and also by ensuring that actions resulting from points raised by internal or external audits, and external regulators, are correctly implemented in a timely fashion. Observation of Internal Controls : - The jobholder will adhere to, and be able to demonstrate adherence to, internal controls and will implement the Group compliance policy by adhering to all relevant processes/procedures. - The term 'compliance' embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. - The following statement is only for roles with managerial or specific Compliance responsibilities: The jobholder will implement measures to contain compliance risk across the business area. - This will be achieved by liaising with Compliance department about business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimizing relations with regulators. Local Job Requirements : Major Challenges : - Effective interpersonal skills required to coordinate with a large number of stakeholders in the day-to-day work of the job. Be able interacting with managers much senior than the jobholder - Credit knowledge and experience required to effectively analyze the risk in lending portfolios. - Knowledge on regulatory requirements is required. - To have the resilience to work under pressure - prioritize effectively. Qualifications - External : - Post Graduate (preferably MBA or Post Grad in Statistics) with 4-5 years' experience in retail credit risk analytics. - Strong analytical capabilities. Knowledge on SAS or other data mining tools is essential. - Good understanding of consumer credit cycle and analytics. - Ability to surface risks and suggest sound risk management controls - Ability to analyze business problem, and risk mitigations. - Sound communication skills.

Mumbai

AVP - Risk Policy/Risk Analytics - BFS 

Job Description for AVP - Risk Policy/Risk Analytics - BFS  in Black Turtle India Pvt Ltd in  Mumbai for (2-6) years of experience. Apply Now!