Upload Button Icon Add office photos

Bajaj Finance

Compare button icon Compare button icon Compare
filter salaries All Filters

4781 Bajaj Finance Jobs

Deputy Unit Manager - Risk

3-4 years

₹ 6 - 13.1L/yr (AmbitionBox estimate)

tooltip
This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Pune

Deputy Unit Manager - Risk

Bajaj Finance

posted 2d ago

Job Role Insights

Flexible timing

Job Description

    

Job Purpose  
â"This position is open with Bajaj Finance ltd.â"
Candidate will be responsible for managing through the door reports, IT / System enhancements, data analysis and reporting related tasks to support Portfolio Management for respective Business    

Duties and Responsibilities  
  •  Highlight cases triggered as per through the door rule set. Engage with sales and credit teams to identify risk. Formulate learnings from through the door into policies
  •  Actively engage in Portfolio management / Policy amendment and implementing agreed policies on SFDC, for underwriting and line assignment rules.
  •  Propose policy refinements as per business/market requirement.
  •  Identify opportunities and propose strategies to enhance business. Formulate, implement and monitor portfolio segments to enable Business Teams
  •  Monitor, manage & refine IT platform SFDC for better risk management. Execute reports on SFDC, Datamart, etc.
  •  to identify any issues related to incorrect system behavior (e.g. case approved by system which ideally should be rejected as per Policy).
  •  Periodic testing of System validation approval and line assignment rules
  •  Routine interaction with stakeholder (Business, Credit, RCU, Ops and IT), and tracking / closure of minute items.
  •  Work with COE and Product team to formulate, test and implement business opportunities/requirements
  •  Conduct Business UAT for new developments, provide signoff and closely monitor the development post production deployment.
  •  Periodic reporting of MIS and Dashboards (Bounce, Projected risk metrics, etc.)
  •  Assist Sales Team to resolve cases which are stuck due to system issues.    

    Key Decisions / Dimensions  
  •  Building framework to continuously assess and evaluate system capabilities to eliminate operational loss / incorrect system behavior
  •  Propose policy / process changes for betterment of risk performance
    Other Dimensions
    (Significant volume dimensions associated with the job)
    ï‚
  •  Total Team Size:BL- 9 & Prof Loans - 4
    ï‚
  •  Number of Direct Reports:Not Applicable
    ï‚
  •  Number of Indirect Reports:Not Applicable
    ï‚
  •  Number of Outsourced employees:Not Applicable
    ï‚
  •  Number of locations:
    ï‚
  •  Number of products:All SME Products (Business Loans & Prof Loan)    

    Major Challenges  
  •  Dynamic portfolio with multiple variables influencing risk performance
  •  Understanding multiple risk rule on approval- Expertise required to manage complex workflows and understand interlinkages.
  •  Draw meaningful / actionable insights based on data analysis    

    Required Qualifications and Experience  
    Qualifications
    Post graduate with understanding of risk parameters and portfolio management.

    a) Work Experience
    3- 4 years of experience in lending business with specific experience in Unsecured lending 
    Proficiency in data analysis- understanding and processing data to arrive at meaningful risk metrics and relevance to portfolio conditions
    Excellent Excel & Power Point proficiency
    Basic understanding of IT / System skills.
    Expertise in understanding Financials and Banking and Bureau information.    

  • Employment Type: Full Time, Permanent

    Read full job description

    Prepare for Deputy Unit Manager roles with real interview advice

    Top Bajaj Finance Deputy Unit Manager Interview Questions

    Q1. How to collect default customer. How to trace customer shifted given address
    Q2. Could you plz give a demo of how to sell mobile phn at dealers point.
    Q3. If customer is in NPA category then what percentage waiver we will give him in settlement
    View all 96 questions

    What people at Bajaj Finance are saying

    4.4
     Rating based on 5 Deputy Unit Manager reviews

    Likes

    Dynamic and continuous learning

    • Salary - Excellent
    • +5 more
    Dislikes

    Work life balance is what you need to individually take care of.

    Read 5 Deputy Unit Manager reviews

    Deputy Unit Manager salary at Bajaj Finance

    reported by 98 employees with 1-6 years exp.
    ₹5.5 L/yr - ₹18 L/yr
    37% more than the average Deputy Unit Manager Salary in India
    View more details

    What Bajaj Finance employees are saying about work life

    based on 6.7k employees
    53%
    72%
    52%
    97%
    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
    View more insights

    Bajaj Finance Benefits

    Job Training
    Health Insurance
    Soft Skill Training
    Work From Home
    Free Transport
    Team Outings +6 more
    View more benefits

    Compare Bajaj Finance with

    HDFC Bank

    3.9
    Compare

    ICICI Bank

    4.0
    Compare

    Axis Bank

    3.8
    Compare

    Kotak Mahindra Bank

    3.8
    Compare

    State Bank of India

    3.8
    Compare

    Tata Capital

    4.1
    Compare

    Mahindra Finance

    4.1
    Compare

    L&T Finance

    3.9
    Compare

    HDB Financial Services

    3.9
    Compare

    Shriram Finance

    4.1
    Compare

    Muthoot Fincorp

    4.5
    Compare

    IIFL Finance

    4.0
    Compare

    Muthoot Finance

    3.6
    Compare

    Home Credit Finance

    4.1
    Compare

    SMFG India Credit

    4.0
    Compare

    Manappuram Finance

    3.9
    Compare

    Piramal Capital Housing Finance

    4.2
    Compare

    TVS Credit

    4.3
    Compare

    Mahindra Rural Housing Finance

    4.0
    Compare

    Bharat Financial Inclusion

    3.9
    Compare

    Similar Jobs for you

    Deputy Unit Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Nashik

    3-4 Yrs

    ₹ 5-6 LPA

    Senior Unit Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Pune

    4-5 Yrs

    ₹ 6-7 LPA

    Deputy Unit Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Pune

    3-5 Yrs

    ₹ 5-7 LPA

    Deputy Unit Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Pune

    3-4 Yrs

    ₹ 5-6 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Etawah

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Jamalpur

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Ghaziabad

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Prayagraj / Allahabad

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Balasore

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Manager at BAJAJ FINANCIAL SECURITIES LIMITED

    Hazaribag

    2-3 Yrs

    ₹ 4-5 LPA

    Deputy Unit Manager - Risk

    3-4 Yrs

    Pune

    2d ago·via naukri.com

    Deputy Manager

    1-4 Yrs

    ₹ 1 - 4L/yr

    Chandigarh

    6hr ago·via naukri.com

    Deputy Manager 1

    1-5 Yrs

    ₹ 2 - 4L/yr

    Chandigarh

    8hr ago·via naukri.com

    Senior Software Engineer

    4-6 Yrs

    Bangalore / Bengaluru

    23hr ago·via naukri.com

    Unit Manager - IT/Senior Unit Manager

    4-6 Yrs

    Bangalore / Bengaluru

    23hr ago·via naukri.com

    Center Manager

    ₹ 2 - 2.5L/yr

    Yellandu, Chityal, Manthani

    1d ago·via naukri.com

    Cluster Manager - IT / Senior Cluster Manager

    9-12 Yrs

    Bangalore / Bengaluru, Nr trident tech park

    1d ago·via naukri.com

    Lead - IT

    9-12 Yrs

    Pune

    1d ago·via naukri.com

    Deputy Area Manager - Rural Consumer Durables

    4-6 Yrs

    Jamkhed

    2d ago·via naukri.com

    Unit Manager - Cars, Two-Wheeler & Busin...

    4-6 Yrs

    Pune

    2d ago·via naukri.com
    write
    Share an Interview