Job Description
Role/Job Title: Lead Policy - Home Loans
Function/ Department: Retail Risk
Job Purpose:
The role holder is responsible for reviewing the performance of Business Loans portfolio and continuously monitoring risk across the portfolio. This includes reviewing acquisition and portfolio management policies to ensure the growth of the portfolio in the right direction within the bank's risk appetite.
Key Responsibilities:
Position with the retail risk team under the Chief Risk Officer (CRO) vertical, reporting to the Risk Head – Home Loans or equivalent.
Understanding of retail loan products, particularly Home Loans/Affordable Home Loans/LAP, with preferred experience in Underwriting/Policy/Risk teams.
Data analysis skills, including detailed knowledge of portfolio review and stress testing.
Setting up risk thresholds for assigned products within the overall risk appetite of the bank, in coordination with business teams based on yearly projections.
Risk reporting of portfolio performance and breaches to set thresholds, analyzing reasons for performance and enacting corrective measures.
Vetting policy proposals and approving modifications based on merits and associated credit risk.
Understanding of credit scoring models and collaborating with stakeholders to strategize model deployment.
Engaging with counterparties/stakeholders for fruitful discussions and execution of risk practices.
Monitoring portfolio performance on early risk indicators/Term to Default (TTD) trends/Segment Mix for assessment of impact of policy changes.
Working with complex data to derive meaningful insights for risk assessment and decision-making.
Individual contributor role requiring expertise in the credit/policy/risk domain for retail home loans.
Education Qualification:
Post-graduation: Any post-graduation degree
Experience: 10 to 18 years of relevant experience in banking/NBFC in the credit/policy/risk domain for retail home loans.
Function/ Department: Retail Risk
Job Purpose:
The role holder is responsible for reviewing the performance of Business Loans portfolio and continuously monitoring risk across the portfolio. This includes reviewing acquisition and portfolio management policies to ensure the growth of the portfolio in the right direction within the bank's risk appetite.
Key Responsibilities:
Position with the retail risk team under the Chief Risk Officer (CRO) vertical, reporting to the Risk Head – Home Loans or equivalent.
Understanding of retail loan products, particularly Home Loans/Affordable Home Loans/LAP, with preferred experience in Underwriting/Policy/Risk teams.
Data analysis skills, including detailed knowledge of portfolio review and stress testing.
Setting up risk thresholds for assigned products within the overall risk appetite of the bank, in coordination with business teams based on yearly projections.
Risk reporting of portfolio performance and breaches to set thresholds, analyzing reasons for performance and enacting corrective measures.
Vetting policy proposals and approving modifications based on merits and associated credit risk.
Understanding of credit scoring models and collaborating with stakeholders to strategize model deployment.
Engaging with counterparties/stakeholders for fruitful discussions and execution of risk practices.
Monitoring portfolio performance on early risk indicators/Term to Default (TTD) trends/Segment Mix for assessment of impact of policy changes.
Working with complex data to derive meaningful insights for risk assessment and decision-making.
Individual contributor role requiring expertise in the credit/policy/risk domain for retail home loans.
Education Qualification:
Post-graduation: Any post-graduation degree
Experience: 10 to 18 years of relevant experience in banking/NBFC in the credit/policy/risk domain for retail home loans.
💡 Quick Summary
Seeking a career-building opportunity? The Lead Policy 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.