Credit Policy Role - Unsecured Loan

Description: Credit Policy - Unsecured Loan

Location: Mumbai

Key Responsibilities:

- Credit Policy Design & Governance

- 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:

- Maintain portfolio quality while enabling scalable growth of unsecured lending products.

- Ensure timely implementation of policy changes across digital platforms.

- Provide data-driven insights to senior management on portfolio risks, trends, and opportunities.