Specialist - Credit Risk Policy

Job Purpose:

- Manage risk to help in the inorganic growth of Personal loan business through partnerships.

- To frame the personal loans/Credit Card policies (acquisition and account management policies), processes and workflow, assist in growth of the personal loans business in India.

- Personal loans/Cards credit policy management and MIS analytics for portfolio monitoring and regular reviews.

- Support implementation of credit decision module on Personal loans technology platform.

- Partnership with product development, collections, systems and operations team to ensure product development and roll out objectives are met.

Key Accountabilities:

- Coordination with relevant internal & external stakeholders and ensure alignment of objectives.

- Evaluate the partnerships proposals tabled by Business team.

- Monitor portfolio performance through a structured early warning mechanism.

- Ensure system changes keep pace with product development and ensure adequate controls.

- Assist on developing Fintech partnerships, vendor empanelment, UAT activities on system changes.

- Compliance with all internal and RBI/ MAS guidelines.

Job Duties and Responsibilities:

- Manage policy / processes for mainly Personal loans for the consumer retail portfolio pan India.

- Assist in the preparation & implementation of product programs.

- Facilitate regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions.

- 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.

- Escalate on timely basis significant risk issues to business management for taking appropriate remedial actions.

- 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.

Experience: 3-5 years