SVP - Credit Risk - Credit Cards

SVP - Credit Risk - MNC- Gurgaon

We have a opening in our prestigious organization in Gurgaon for SVP-Credit Risk

Job Description:

- Develop the Credit Risk policy which will encompass Policy parameters and broad guidelines in line with overall Risk Appetite for Retail Pre-Acquisition, Corporate as well as Portfolio Management.

- Ensure all Policies, periodic changes and procedures are in line with the Board Approved Policy

- Review any changes to processes / procedures recommended by the Credit Team and put up to CRO for approval

- Monitor early warning triggers and ongoing monitoring of portfolio to identify any pockets of stress

- Detailed analysis of early delinquency metrics by segment and recommed segments to discontinue/ action.

- Propose mitigation strategies to Credit and Collection Teams

- Create benchmarks for segment level acquisitions and monitor monthly / weekly performance against these and flag off ay deviations

- Detailed Analysis of portfolio triggers, revolve rates, delinquency metrics by segments and flag off segments to Credit Teams for actioning

- Work with Credit Bureaus to do benchmarking studies of SBIC portfolio with Industry and identify segments of opportunity and risk

- Analysis of our portfolio performance viz Industry and report the same to CRO on a quarterly basis

- Ensure Risk Reward tradeoffs are in line with Approved SBIC Risk Appetite viz line assignment strategies, model cutoffs etc.

- Ongoing testing and monitoring of all credit risk policy and strategies are in line with Board Approved policy and to ensure there are no gaps in implementation including system validations if required

- Create and manage the Collection Policy

- Testing and monitoring of collection strategies, settlement strategies etc. are in line with Board approved policies

- Prepare the detailed portfolio quality report to be presented in the ERMC / ORMC on a monthly / quarterly basis

- Ensure all Credit Risk Parameters are in line with Board Approved Risk Appetite as well as SBIC Internal benchmarks

- Key risk indicators and early warning triggers are identified accurately and flagged off on a timely basis

- All policies are procedures are approved in a timely manner and monitored adequately

1) 12-16 years of work experience in consumer risk

2) Good working knowledge of SAS, Microsoft Excel. Knowledge of other quantitative tools like SPSS Modeler, SAS E Miner, and R etc. would be beneficial

3) Good knowledge of IT systems

4) Must have the ability to lead a team effectively and be flexible to work on multiple projects

5) Strong analytical and problem-solving skills

6) Strong knowledge of Credit Card domain & financials.

7) Team management ability and strong influencing skills

A minimum of Master's degree in economics, statistics, operations research, mathematics, engineering, business, or related field with a strong quantitative emphasis

- Prior experience of working in Credit Card industry

- Prior experience in strategy / policy role.