15/03 Confindential
AVP - HR at BOB financial Solutions Ltd.

Views:810 Applications:108 Rec. Actions:Recruiter Actions:54

BoB Financial Solutions - Vice President/AVP - Credit Policy (7-20 yrs)

Mumbai Job Code: 675886

Role & Responsibilities:

Key highlights of the role are listed below (purely indicative and not limiting):

This position is responsible for managing the day to day functioning of the department.

The Role and responsibilities of this position include:

- Define Risk Appetite and document Board level lending policies.

- Develop Lending Programs to support new product launches drive acquisitions, authorization, line management, collections, and fraud risk management strategies.

- Innovative thinking digital, alternate straight through processing, Notouch/one-touch.

- Work closely with Product and Sales to drive Business initiatives and Partnerships.

- Document and monitor Credit Delegation and Deviation Matrices.

- Stay abreast of Regulatory requirements /changes; ensure policies are in compliance with regulations.

- Develop a robust RCSA and QC function to ensure policy compliance and minimize operational risk.

- Interface internal and external Audit; ensure satisfactory audit results.

- Implement robust Competition and Industry benchmarking / market intelligence gathering to ensure policies and practices are aligned with the market; identify opportunities to be the market leader in the company's chosen businesses.

- Work closely with Credit Operations - Underwriting, Collections, Authorizations & Fraud; ensure alignment in intent and execution; calibrate policies based on ground level feedback.

- Work closely with the Analytics team to develop and sign-off on loss forecast, IFRS, Stress test.

- Lead Monthly, Quarterly Risk Reviews with key stakeholders to review Portfolio.

- Deliver on agreed on Annual Business and Credit goals, risk appetite metrics.

- Build a strong Policy team; develop talent.

- Independently engage with key stakeholders to develop and influence business goals and strategies.

Job-specific skills:

Applicants should possess the following attributes:

1. Fluency with VisionPlus / TSYS, Falcon, Card Systems.

2. Experience with and exposure to Automation, Innovation, Digitization.

3. Experience with PL/BL policy will be an additional asset.

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