Manager - Credit Policy - NBFC/FinTech

We want a highly motivated and analytical Credit Policy Manager to join our team and play a crucial role in safeguarding the financial health of our company. This individual will be responsible for developing, implementing, and maintaining our credit policies and procedures. They will work closely with various departments, including Sales, Finance, and Risk Management, to ensure a consistent and balanced approach to credit risk management.

Key Responsibilities:

- Working on solutions for credit underwriting basis different product constructs.

- Closely work with the Data Science team to analyse the underwriting models prepared by them and validate the performance of the same on the current portfolio

- Determining performance benchmarks and identifying the course of action in case of breach

- Automation of Credit Policies to ensure no/minimal manual Intervention in assessing the creditworthiness

- Determining the right pricing basis segmentation

- Working on standardisation of policies and processes.

- Portfolio Analysis and recommending the policy changes to the Policy head basis the the outcome of the analysis

- Periodical credit review of the existing portfolio and conducting various analysis to identify the high-risk segments.

- Taking actions to mitigate the risks identified based on portfolio performance

- Monitor the delinquent accounts to ensure the achievement of company standards/ benchmarks of the delinquency.

- Identifying technological solutions to improve existing processes and overall portfolio management functions.

- Analysis of various MIS to monitor portfolio performance and risk.

- Understanding the product being offered by the new channel partner and the segment being catered to.

- Understanding the journey, identifying the set of information available with the channel partner and requisitioning the set of data to be provided at the time of application

- Creation of policy based on the product, information available and prevailing models

- Facilitate data room exercise for the new segment of customers

- Formulation of policy keeping the expected loss rates in consideration

- Monitor the implementation of policy, UAT and production test run of policy and clear the bottlenecks, if any

- Managing relations with Partners and credit reporting agencies and assisting in all credit operations of the company

Qualifications:

- Postgraduate in Finance/Statistics/Management from A institutes

- Minimum 7 years with 3 - 4 years in risk management and policy creation

- Should have a fair understanding of risk performance

- Should have a very good communication skill.

- Superior Stakeholder management skills- Work closely and align with each of the internal functions which include Business development, Credit and Policy, Data science, Legal, Technology, Operations, Collections, Customer Success team and external stakeholders.

- Hands-on experience in working on large structured and unstructured datasets using different data processing and statistical tools is a must.

- Data-driven, Analytical approach, Team Player.