Job Description
Risk Management Group works closely with our business partners to manage the bank s risk exposure by balancing its objective to maximize returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Job Purpose:
To frame the personal loans policy framework (acquisition and account management policies), processes and workflow, assist in growth of the personal loans business in India.
Personal loans 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 stakeholders and ensure alignment of objectives
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 and manager
Job Purpose:
To frame the personal loans policy framework (acquisition and account management policies), processes and workflow, assist in growth of the personal loans business in India.
Personal loans 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 stakeholders and ensure alignment of objectives
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 and manager
💡 Quick Summary
Seeking a career-building opportunity? The AVP Personal Loans position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.