Credit Policy Role - Unsecured Loan
Posted today
Posted today
3.8
10+ Reviews
Description: Credit Policy - Unsecured Loan
Location: Mumbai
Key Responsibilities:
- Develop, review, and amend credit policies for unsecured lending products in coordination with Product and Risk teams.
- Define eligibility criteria, credit assessment frameworks, score cut-offs, and risk thresholds for various unsecured products.
- Ensure policies are aligned with regulatory guidelines, internal risk appetite, and business objectives.
- Portfolio Monitoring & Risk Management
- Monitor portfolio performance across geographies, customer segments, and products on a regular basis.
- Track delinquency trends, roll rates, vintage analysis, and loss metrics to assess portfolio quality.
- Identify Early Warning Signals (EWS) and Key Risk Indicators (KRIs) and recommend timely policy interventions.
- Propose corrective actions to manage emerging risks and control future losses.
- Policy Implementation & Automation
- Prepare Business Requirement Documents (BRDs) to ensure accurate translation of credit policies into digital systems.
- Work closely with IT and digital teams to implement policy changes, rule engines, scorecards, and automated checks.
- Drive process automation for bureau checks, internal validations, and faster credit decisioning.
- New Product & Initiative Support
- Support ideation, design, and launch of new unsecured lending products and programs.
- Conduct risk assessments and feasibility analysis for new initiatives and market-driven changes.
- Benchmark industry practices and competitor strategies to enhance product competitiveness.
- Stakeholder Management
- Collaborate with Product, Risk, Operations, Collections, and Technology teams to ensure smooth execution of credit policies.
- Engage with bureaus and external partners to track industry trends and regulatory developments impacting unsecured lending.
Principal Accountabilities:
- Ensure timely implementation of policy changes across digital platforms.
- Provide data-driven insights to senior management on portfolio risks, trends, and opportunities.
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