• Has the relevant ground experience to Manage policy / processes for Unsecured Products (Personal Loans, BNPL)
• Leveraging data analytics to solve lending problem within the realms of consumer products and within checkout journey
• Enhance the credit lending framework including policies, processes, MIS, controls, etc for the Unsecured Lending business
• Setting up framework of TTDs and EWS and to ensure that timely actions are taken to prevent further loss
• To keep track of delinquency levels and ensure that requisite follow up is being done to ensure that over-dues are regularised in a time bound manner
• 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 underwriting team, tech team and collection team
• Ability to work closely with lending partners (Banks/NBFCs) to ensure implementation of agreed policies, processes and transition of data through in timely manner
• Ability to work closely with vendors/third parties on new initiatives to ensure speed, optimization of cost/resources or reduced losses
• Work in partnership with the tech team to implement and test key credit policy criteria in relevant credit acceptance & evaluation systems
• Ensure timely completion of RCSAs including appropriate action plans to address identified control gaps
• Ensure issues/action plans arising from Risk & Control Self-Assessments, risk events, KRIs, regulatory inspections or other risk issues are properly followed up
• Sound knowledge of policies / lending frameworks followed for this product
• Good knowledge of credit evaluation methods, tools & techniques Exposure to Digital channels, Fintechs and online tools of credit dispensation

More than 5 years work experience in credit risk and policy function from a Financial Services setup (Fintech is an added advantage).

Prior experience in policy and risk analytics.

Experience in risk and policy for unsecured products

Ability to work closely with cross functions and external partners

(ref:iimjobs.com