Job Description
Role/Job Title: Lead Policy - Business Loans
Business: Risk
Function/ Department: Retail Risk
Place of work: Mumbai
Job Purpose:
The role holder has the responsibility to review performance of Business Loans portfolio and continuously monitor risk across the portfolio. The role holder is resposnisble to review the acquision and portfolio management policies and ensuring the growth of portfolio in right direction within the Risk appetite of the bank. The role includes interacting and coordinating with all the control functions and respective stakeholders of the Bank like Business Risk/ Product/ Audit/ Analytics / Operations/Technology for effective and efficient delivery and controls of project and process within specific timeliness.
Roles & Responsibilities:
Responsible for review and approval of product programs and credit policies for Business Loans
Review and monitoring of Application score cards / Risk models for the Business Loans Product
Monitor and deep dive into portfolio analysis of Business Loans and initiate necessary risk actions as and when required
Manage Risk related regulatory interactions with various committees and authorities
Assure adherence to the guidelines set by the bank
Manage regulatory, statutory and internal audits
Oversee various Board policies, their renewal and governance
Develop early warning risk signals mechanism to have early triggers in place for unexpected events
Keep a track on macro-economic developments and incorporate the same in business strategies
Provide guidance to business teams to align business processes with overall bank strategies
Capture and share best- practice knowledge amongst the team
Secondary Responsibilities:
Recommend improvements to processes and policies to drive operational efficiencies and high quality customer service
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global market trends and competitor strategies in key markets
Key Success Metrics:
Portfolio Quality, Delinquency and Loss management, Increased Profitability, stakeholder management, adherence to regulatory guidelines
Qualification:
MBA/CA/PGDM/Masters degree
Business: Risk
Function/ Department: Retail Risk
Place of work: Mumbai
Job Purpose:
The role holder has the responsibility to review performance of Business Loans portfolio and continuously monitor risk across the portfolio. The role holder is resposnisble to review the acquision and portfolio management policies and ensuring the growth of portfolio in right direction within the Risk appetite of the bank. The role includes interacting and coordinating with all the control functions and respective stakeholders of the Bank like Business Risk/ Product/ Audit/ Analytics / Operations/Technology for effective and efficient delivery and controls of project and process within specific timeliness.
Roles & Responsibilities:
Responsible for review and approval of product programs and credit policies for Business Loans
Review and monitoring of Application score cards / Risk models for the Business Loans Product
Monitor and deep dive into portfolio analysis of Business Loans and initiate necessary risk actions as and when required
Manage Risk related regulatory interactions with various committees and authorities
Assure adherence to the guidelines set by the bank
Manage regulatory, statutory and internal audits
Oversee various Board policies, their renewal and governance
Develop early warning risk signals mechanism to have early triggers in place for unexpected events
Keep a track on macro-economic developments and incorporate the same in business strategies
Provide guidance to business teams to align business processes with overall bank strategies
Capture and share best- practice knowledge amongst the team
Secondary Responsibilities:
Recommend improvements to processes and policies to drive operational efficiencies and high quality customer service
Leverage in-house synergies through collaboration with internal stakeholders
Keep abreast with global market trends and competitor strategies in key markets
Key Success Metrics:
Portfolio Quality, Delinquency and Loss management, Increased Profitability, stakeholder management, adherence to regulatory guidelines
Qualification:
MBA/CA/PGDM/Masters degree
💡 Quick Summary
Seeking a career-building opportunity? The Lead Policy | Business 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.
