Policy Head - Credit Risk - Unsecured Lending

Looking for Head Credit Policy, MNC Bank, Mumbai

- Manage policy / processes for Unsecured Products (Personal Loans, Credit Cards, Eco-System Partnerships management for the consumer retail portfolio pan India.

- Assist in the preparation &implementation of product programs.

- Enhance the credit lending framework including policies, processes, MIS, controls, etc for the Unsecured Lending business in India. recommend / approve credit applications in line with agreed process workflows and policies after highlighting / considering all significant risks.

- To keep track of delinquency levels and ensuring that requisite follow up is being done to ensure that over-dues are regularised in a time bound manner.

- To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations.

- Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance

- Drive portfolio management initiatives through the credit cycle management framework by working in partnership with product managers, credit systems team, credit operations team and collection team

- Work in partnership with credit systems support team to implement key credit policy criteria in relevant credit acceptance & evaluation systems

- Ensure timely completion of RCSAs including appropriate action plans to address identified control gaps

- Ensure issues/action plans arising from Risk & Control Self-Assessments, risk events, KRIs, regulatory inspections or other risk issues are properly followed up.

- Sound knowledge of policies / lending frameworks followed for this product.

- Good knowledge of credit evaluation methods, tools & techniques

- Exposure to Digital channels, Fintechs and online tools of credit dispensation.

- Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.

- Knowledge of various banking products and risks associated with them.

If interested please contact Parul Monga at 91-9818735968