Job Description - National Risk Manager

Position : National Risk Manager

Location : [Head Office / Pan-India]

Department : Risk & Compliance

Reporting To : Chief Risk Officer / Head of Risk

About Bajaj Housing Finance:

Bajaj Housing Finance Limited (BHFL), a subsidiary of Bajaj Finance Limited, is one of India's fastest-growing housing finance companies. We provide home loans, loan against property, developer financing, and other mortgage-backed solutions, with a focus on risk-managed growth and customer-centric services.

Role Overview:

The National Risk Manager will be responsible for designing, implementing, and monitoring the risk management framework for Bajaj Housing Finance across all geographies. This role will ensure that all business activities comply with regulatory requirements, internal policies, and risk appetite of the organization. The role demands strong expertise in credit risk, operational risk, market risk, and compliance within the housing finance domain.

Key Responsibilities:

- Develop, implement, and continuously refine the risk management strategy and framework at a national level.

- Identify, assess, monitor, and mitigate risks across credit, operational, market, and compliance functions.

- Lead risk assessment for new products, geographies, and digital initiatives.

- Ensure compliance with RBI, NHB, SEBI, and other regulatory guidelines applicable to housing finance.

- Partner with business, credit, legal, and compliance teams to maintain risk appetite thresholds.

- Establish robust early warning systems and conduct portfolio stress testing.

- Drive risk analytics, MIS reporting, and dashboards for senior leadership and Board committees.

- Oversee fraud risk management and strengthen internal control frameworks.

- Manage and mentor regional risk teams to ensure consistent risk practices pan-India.

- Act as a key liaison with regulators, auditors, and rating agencies on risk-related matters.

Key Skills & Competencies:

- Strong knowledge of mortgage lending, housing finance, and NBFC/HFC risk practices.

- Deep understanding of credit underwriting, collections, fraud control, and portfolio risk management.

- Expertise in regulatory compliance, risk modeling, and stress testing.

- Strong analytical, decision-making, and problem-solving skills.

- Excellent stakeholder management and communication skills.

- Ability to drive technology-enabled risk management systems.

Qualifications & Experience:

- Education: CA / MBA (Finance) / CFA / FRM preferred.

- Experience: 12-18 years in risk management, with at least 5+ years in a leadership role within HFC/NBFC/Banking.

- Proven track record of managing risk at a national or zonal level.

Why Join Us?

- Be part of one of India's most trusted financial services groups.

- Opportunity to build and scale a best-in-class risk framework for housing finance.

- Exposure to cutting-edge digital lending and analytics platforms.

- Growth-oriented, performance-driven work culture.