Tata Capital - Senior Manager - Home Equity Risk

Business Vertical : Shared Services

Department : Risk

Designation : Senior Manager - Risk, Home Equity/ AVP

Line of Business : CFAB-Risk

Proposed Immediate Superior : Associate Vice President - Risk

Grade : M4-M5

Key Objective :

- To manage portfolio quality of Home Equity business, maintain Process & Policy controls through effective data analysis & interaction with business colleagues.

Major Deliverables:

Policy & scheme formulations :

- Development of policies & amendments according to the changing business environment

- Scheme formulation at regular intervals based on portfolio behavior, trends & market dynamics

- Ensure that the objective of maximizing business while optimizing risk is always achieved

- To Provide the Industry feedback/data pertaining to new policies, process and products, which could lead to process/policy improvements.

Portfolio monitoring (including Risk Analytics) :

- Create dashboards & metrics for monitoring the portfolio

- Tracking portfolio behavior & forecasting trends

- Using risk management tools to analyze the portfolio

- Ensure proper coordination between Operations, Sales and Credit & Collections for efficient Delinquency management & maintain good portfolio quality at all times.

- Prepare presentation for various Risk reviews - Retail Risk review, Operations Committee, Risk Management Committee etc.

- To develop risk scoring and pricing models for the purpose of decision making and pricing. Should have good understanding of statistics and practical knowledge of development and implementation of risk scoring and pricing models.

- Proactively manage the risk in the portfolio by giving lead indicators to the business and monitor action taken by the business to mitigate the risk.

Branch Visitation and Trainings :

- Ensure that regular branch visitation happens for high volume contributing or high delinquent location

- Regular trainings imparted to field team (Sales/Credit) on Credit Policies for respective businesses.

Job Challenge :

- Strike right balance between demands from business group and risk deliverables.

- Ensure that all effective measures are taken to ensure book growth as well as keep good portfolio quality at all times.

- Good industry net working

Specialized Job Competencies:

- Good understanding of Home Equity business & related processes across different markets of the country.

- Ability to understand process weaknesses from risk and control perspective and make suitable recommendations.

- Ability to comprehend, analyse & present data in a meaningful way, good presentation, excellent communication & interpersonal skills required.

- Should have underwriting experience & exposure to Mortgage businesses in the past.

- Effective Inter personal skills

- Good industry network to understand the products processes adopted by other NBFCs / banks

Educational Qualification: Preferably CA or MBA (Finance). Should have good understanding of Statistics.

Desired Experience:

- At least 6-7 years overall experience in Mortgage business Credit with preferably 2-3 years of experience in Risk department in an organization with strong risk management culture.

Other Desired Attributes :

- Good communication skills, presentation skills, matured thinking and ready to learn

Location : Chennai or Bangalore

Number of Positions : 1