Role Overview:

As the Head - Credit & Risk for Home Loans, you will be responsible for leading and managing the credit risk function for the home loan portfolio. You will be instrumental in developing and implementing credit policies, underwriting guidelines, and risk management strategies to ensure the quality and profitability of the portfolio.

This role involves close collaboration with sales, operations, and collections teams, as well as senior management, to drive business growth while maintaining a strong risk profile. Your expertise will directly impact the company's financial performance and reputation by ensuring responsible lending practices and minimizing credit losses.

Key Responsibilities:

- Develop and implement credit risk policies and procedures for the home loan segment, ensuring alignment with regulatory requirements and the company's risk appetite.

- Oversee the underwriting process for home loan applications, providing guidance and support to the underwriting team to ensure consistent and accurate credit assessments.

- Monitor and analyze the performance of the home loan portfolio, identifying trends and potential risks, and recommending appropriate mitigation strategies.

- Lead the development and implementation of risk management models and tools to assess and manage credit risk, including stress testing and scenario analysis.

- Collaborate with sales and product teams to develop new home loan products and services, ensuring that credit risk considerations are integrated into the product design and pricing.

- Manage and mentor a team of credit risk professionals, providing coaching, training, and development opportunities to enhance their skills and performance.

- Represent the company in interactions with regulatory agencies and external stakeholders on credit risk matters.

- Establish and maintain strong relationships with key stakeholders, including senior management, sales, operations, and collections teams, to ensure effective communication and collaboration.

Required Skillset:

- Demonstrated ability to develop and implement credit risk policies and procedures for the home loan segment.

- Proven expertise in underwriting home loan applications and managing credit risk in a financial institution.

- Strong analytical and problem-solving skills, with the ability to interpret complex data and identify trends and potential risks.

- Excellent communication and interpersonal skills, with the ability to effectively communicate credit risk concepts to both technical and non-technical audiences.

- Ability to lead and manage a team of credit risk professionals, providing coaching, training, and development opportunities.

- Master's degree in Finance, Economics, or a related field.

- Adaptable to working in a fast-paced environment and managing multiple priorities.