Vistaar Finance - Risk Head

Job Description: Head of Risk

Department: Risk

Location: Bangalore HO

Reporting To: Chief Risk Officer

Grade: V25/V26

Job Purpose:

To support the Chief Risk Officer in developing and implementing a robust risk management framework across LAP, Housing Loans, Gold Loans, MSME Loans and other lending products while ensuring effective identification, monitoring and mitigation of risks.

1. Portfolio Analysis:

- Monthly monitoring and analysis of bounce trend for different parameters

- Portfolio analysis on movement of PAR, NPA on monthly basis

- Portfolio analysis of critical policy parameters on monthly basis and develop action plans for policy updations

- Develop early warning signal mechanisms

2. Fraud Risk Management:

- Handle fraud risk management activities

- Conduct discreet checks

- Handle RCU team for risk checks and maintain TAT

3. Credit Risk Management:

- Manage the policy related responsibilities

- Manage business rule engine and system related updations

- Deviation analysis w.r.t portfolio parameters

4. Other Responsibilities:

- Support Chief Risk Officer in risk committee meeting presentations

- Manage the team members effectively

Job Requirements:

Qualification:

Graduate; MBA/CA/CFA/FRM preferred.

Experience: 15 - 20 years in NBFC, HFC, Banking or Retail Lending Risk Management.

Functional Competencies: ERM, Credit Risk, Portfolio Analytics, Risk Modelling, Regulatory Compliance.