Manager - Vehicle Finance - Policy & Risk

Manager - Vehicle Finance - Policy & Risk

Department - Policy & Risk

Expected - Relevant Years of Experience: 5+ years

Location HO - Andheri East - Mumbai

Reports to: Chief Risk Officer

Education Qualification -MBA(Preference), Graduation

Key Responsibilities:

- Check and keep track on industry trends, key factors impacting industry, performance of trade in local market and regulatory impact.

- Review portfolio every month with respect to delinquency / losses / fraud for the period underwritten. Well versed excel and PPT skills

- Support delivery of Business Volumes with focus on operational efficiency through process changes and effective policy implementation.

- Preparation of various Policies and Programs on timely basis. Ensuring adherence to the Policy/ Procedures by the Credit Function

- Clarifying the stand on Policies on ongoing basis by conducting policy trainings and tests.

- Preparation of various MIS with updated policy and publishing portfolio MIS Compilation and extraction of data for various analysis and put them in structured way for meaning full interpretation

- Preparation of DGV (Depreciated Grid Value) and monitoring Vehicle prices on regular basis to make timely corrections if required

- Identification of Early warning Risk Indicators through monitoring Triggers and Periodic review of Portfolio at various parameters

- Monitoring various triggers as mentioned in LPOs and other schemes and update, follow with Credit / sales for adherence / exceptions

- Regular monitoring of Risk Triggers set against each programs.

- Tracking disbursement on various cuts to ensure sourcing quality is in line with projections.

- Quantifying major parameters for objective monitoring of portfolio quality.

- Initiation and monitoring of corrective action plans for the burst Triggers through suggestion and changes

- Modification of approval matrix.

- Follow up with sales / credit on sourcing correction

- Identifying and reporting the key trends in various markets - in case of high delinquency, engage in first level dialogue and identify the erring segments with proper corrective action plan

- Ensuring that the corrective plans results in maintaining Net Credit Losses within the budgeted level

- Discontinuing policies and campaigns/programs contributing to higher losses.

- See through the unplanned growth in any geography which is affecting the portfolio quality and put preventive course of action well in advance

- Delegation of high incidence deviations to line teams. Weeding out irrelevant deviations.

- Scorecard development and should have good knowledge of systems, process/policy automation, system UAT so that faster TAT can be delivered without compromising on Risk parameters.

All the interested candidates can apply or call on 9867303334

Ravi Suryawanshi
SR Executive Search