Senior Associate - Risk & Policy - Used Car Loan

Responsibilities for the job:

- Support policy formulation and portfolio management for Used Car Loans lending businesses.

- Design, implement and monitor risk policies for Used Car Loans, New Car Loans and Electric Commercial Vehicle portfolios.

- Define customer eligibility criteria, FOIR, bureau, LTV norms and exposure limits.

- Drive periodic policy reviews based on portfolio performance and business requirements.

- Define dealer onboarding and dealer grading frameworks, analyse dealer and channel wise performance and recommend actions.

- Recommend dealer-level approval limits and exposure controls.

- Evaluate new channel partners, aggregators and marketplaces from a risk perspective.

- Define and establish RC transfer exception handling framework.

- Drive policy decisions on ownership transfers, valuation gaps and documentation deficiencies.

- Define and monitor PDD requirements, pendency and risk-based waiver framework.

- Monitor PDD pendency and closure performance.

- Recommend automation and process improvements to reduce operational risk.

- Drive digitization and automation of risk and policy controls.

- Track performance of policy changes through approval, bounce and delinquency trends.

- Conduct RCA of policy-driven portfolio deterioration.

- Recommend policy refinements based on data analysis.

- Coordinate with Product, Sales, Collections and Operations teams.

- Assist in audit, compliance and regulatory requirements.