Piramal Group is a global business conglomerate with interests in Pharma, Financial Services, Glass Packaging and Real Estate. With offices in 30 countries and brand presence in over 100 markets, the Piramal Group has a global team of over 10,000 people from 21 diverse nationalities. The Group has consistently attained organic and inorganic growth, thanks to strong global partnerships and strategic investments in core businesses. Based on the philosophy of 'Doing Well and Doing Good', the Group continues to create long-term value for its stakeholders and the community at large. The values of Knowledge, Action, Care and Impact have helped us develop a reputation of integrity, customer-centricity and long-term value creation for all our stakeholders. The Group aspires to create a positive impact on the society with each endeavor. About Consumer Finance - - Piramal Group is looking to set up a consumer and small business lending franchise, to go with their existing presence in the wholesale lending space. This would be set up as a separate entity, as a subsidiary of Piramal Enterprises, the listed company. Our intent is to build this out into a multi-product lending business, with tech at its core. Over the last few years, the tech landscape in India has changed dramatically, and there are things that are possible today that were not possible even five years ago. - That enables us to build a business that is fundamentally different from what one would have build in years past. The presence of the India stack, the availability of cloud solutions, the customers- own evolution into more tech enabled users, GST data, RBI's e- and video-KYC norms, all enable a fundamentally different business build. It is in that context that we are looking for top talent to form our initial leadership team which will bring alive the aspirations. Role: Credit Head Purpose of the role: The incumbent will be responsible for setting up the credit management function covering consumer lending for Piramal Consumer Finance with a single focus on managing the quality of credit portfolio, along with credit appraisal & Underwriting, Credit Administration, delinquency control and risk management. Key responsibilities: - Develop key policies and practices surrounding the credit function of consumer finance business. - Regularly report on key risks and develop other risk related regulatory reports for internal reviews. - Review transactions for credit structuring and assigning of internal ratings. - Set up internal/product policies for the credit cycle including credit initiation and delinquency triggers as well as management. - Develop Credit Risk function for handling credit underwriting for Secured &amp; Unsecured product class. - Support achievement of business goals of sanction, disbursement, product mix and AUM. - Prepare and present credit proposals to the Credit Committee / Governing Board. - Maintaining delinquency control, periodic portfolio review and monitoring in coordination with Operations, Legal and Technical teams. - Highlight critical issues in existing accounts and proposing modifications for appropriate resolution. - Timely communicate to Business and Operations teams, on existing / new / updated Risk Management policies, credit bulletins as per market developments to mitigate risks. - Ensure proper management and response to internal and external Audits including regulatory audit and improving credit processes. - Co-create processes along with Central Risk and Stressed Asset Monitoring Group to ensure proactive monitoring systems are in place. - Ensure proper communication of credit decisions to Stakeholders - Responsible for the review and approval of credit proposals and to maintain a good balance between returns and risks exposure - Develop, implement, review and monitor, various credit programs and provide training and coaching to continuously upgrade the competency of the team members. - Maintaining end to end TAT and product profitability. Candidate profile: - Minimum 12+ years of experience in banking / financial / fintech sector with expertise in credit delivery / underwriting of Corporate &amp; SME - Should have thorough knowledge in various facets of Credit administration including processing of proposals, credit analysis, restructuring, syndication etc. - Strong understanding of operational, legal and credit risk across the full range of industries. - Strong project appraisal skills and ability to translate desired business concepts to actual processes for implementation. - Thorough understanding about the laws of the land and RBI/other regulators prudential norms for Banks &amp; NBFCs - Ability to display courage and call out risks for every transaction through detailed analysis - Industry knowledge and strong orientation of economics to provide a point of view

Mumbai

Piramal - Credit Head - Consumer Finance - FinTech 

Piramal - Credit Head - Consumer Finance - FinTech  ,Job Description for Piramal - Credit Head - Consumer Finance - FinTech  in Piramal in  Mumbai for (12-20) years of experience. Apply Now!

Job Description for Piramal - Credit Head - Consumer Finance - FinTech  in Piramal in  Mumbai for (12-20) years of experience. Apply Now!