HDFC Bank - Product Risk Analyst

Job Title :(Job Name) - Product Risk Analyst

Business Unit (PA) :Retail Policy

Team : (Sub team in the PA): Retail Policy

Reports to (job) :PRM

Location of role :Mumbai

Job Purpose :

Tableau Development, Monitoring Probability of Default (PD), Model testing / Analytical Dashboards, PAR Management, NPA and Stress Accounts Reporting

Job Responsibilities(JR) : 6 - 8 Areas :

- Tableau Development :

- Creating Analytical Dashboards that can be used by supervisors in the line Credit Team

- Interacting with RCHs and ACMs for improvement in these Tableau Platforms

- Ensuring accurate and timely updation of Tableau Dashboards

- Monitoring Probability of Default (PD) :

- Monitoring of Expected Probability of Default (PD) v/s Observed weighted average PD and reportingthe key findingsto PRM, APRM and regional teams

- Monitor and review exceptional trends in through the door for key demographic / parameters (such as income, age, vehicle segment).

- Benchmarking of top location/state level PD's and monitoring for incremental disbursement. (All the disbursal of the location/Hub/State)

- Monitoring of early trigger at portfolio level basis P27 bands - Non-starters, EMR, High ticket delinquent cases, life tables.

- Compilation and extraction of data for various analysis and put them in structured way for meaning full interpretation

- Publishing monthly newsletter and following with Line on various reports / data / deliverables and then follow up for improvisation

- Model testing / Dashboards :

- Comprehensive testing of Models and fixing of errors before new roll outs in the system.

- Ensuring the maximum deviations are automatically triggered in front end system and ensuring improvement of data quality through Online PAR audits.

- Preparation and validation of database to be uploaded for Pre-approved & Pre-qualified campaigns

- Monitor the performance of the P27 / scorecard through changes in approval ratios, increase / decrease in Probability of Default (PD) rates.

- Publish interactive reports and dashboards report scheduling using Tableau server to review through the door trend for Probability of Default and loss rate.

- PAR Management :

- Publishing of PAR reports on a monthly basis and bring down and maintain the PAR error rates below benchmarks

- Ensure adherence to defined policy and processes through routine PAR audits. Regular review of PAR format and scope to cover the latest changes in policy and process change

- Cross functional interaction to initiate process changes to plug the process gaps based on PAR findings. Traveling to Key locations for PAR workshop & system implementation

- Monitoring Key metrics like TAT, Reworks, Rejects, Approvals, Rejections, Deviations, Dropouts and drive corrective action in locations which reflect abnormal variance from benchmarks

- NPA and Stress Accounts Reporting :

- Identification & reporting of SMA accounts. Sensitizing business/location team on clearance of overdue amount so as to avoid them from getting reported. Freezing of limits where accounts have been reported as SMA by other Banks/NBFCs.

Educational Qualifications :

- Graduation/Post Graduation

- CAIIB (Optional)

Key Skills(examples listed below) :

- Analytical and problem solving skills

- Proficient in MS Excel

- Banking Product & Process Knowledge

- Knowledge of Retail Assets

- Planning and Organizing Skills

Experience Required(examples listed below) :

- Minimum experience in years - 3yrs

- Exposure to banking preferable

Major Stakeholders(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties)(examples listed below) :

- Credit Team

- Operations

- Product Team

- Analytics Team

- RSU Team

- Sales Team

- Operations Team

- BTG Team