Retail Risk Analyst - Retail Portfolio - Bank/NBFC

Roles and Responsibilities:

- Monitor Hind sighting & Implement credit Hindsighting framework for all Retail Assets Products. Review and Publish Hindsight reports / dashboards / scores periodically

- Review performance of all retail asset products and continuously monitor risk across the portfolio.

- Portfolio analytics and monitoring performance of all retail asset products and initiate key actions from time to time

- Develop, implement and maintain automated reporting for managing and monitoring risk across all retail asset products

- Assist in building and maintaining Benchmarking framework of on an ongoing basis and monitoring them on an ongoing basis

- Develop and maintain robust Early Warning system framework for to ensure timely portfolio related actions

- Monitoring and Compliance Reporting of Management / Committee-Level Risk Appetite Triggers

- Contribute to maintaining and refreshing the Risk Appetite Statement

- Conduct ad-hoc analysis and reporting related to non-financial risk topics

- Oversee timely and accurate computation of Retail NPAs, reporting movement of provisions, write offs as per extant norms in coordination with all stake holders and ensure that the numbers are in sync with Finance

- Assist in preparation of Monthly CRO Retail Risk Deck / Quarterly Deck (forming part of CMRC / RMC) / Ad hoc Analytical Reports for the Top management.

- Recommend improvements to credit policies and processes across the Retail assets business to drive operational efficiencies, high quality customer service and better TAT

- Evaluate and assessing compliance to regulators such as RBI and adherence to the internal policies

- To evaluate & give feedback w.r.t. any New Product Proposals of Retail Products and also evaluate changes to credit policy of all products. Identify the gaps in credit policies & process, suggest automation ideas as applicable

- Keep a close watch on all developments/status update made by RBI/others in regulatory regime and implement the changes in the Bank in real time

- Spearhead special projects involving multiple stakeholders across organisation and ensure completion in time sensitive manner

- Lead and coach team members to identify, initiate and manage actions to mitigate risks and to strengthen controls, including issues identified through audits and other external processes

- Guide the team members to conduct root cause analysis (RCA) of issues like Delinquency / Performance and incidents, identifying and implementing control improvements

Desirable Qualifications:

- Bachelor's/ Master s degree in any discipline

- Theoretical Understanding of Big Data Analytics, Machine Learning, and / or Decision Models (behaviour, Credit, Fraud, etc.) is desirable

- Experience of maintaining and developing reporting dashboards and/or identification and assessment of controls and processes, preferred in the field of financial and non-financial risks

- Experience of managing teams and multiple stakeholders

- Good Product knowledge of Products Retail Products

- Understanding of Scorecards / models would be a plus