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Manager - Risk

4-5 years

₹ 3.9 - 11.35L/yr (AmbitionBox estimate)

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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

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 flexi portfolio for SME. Activities related to blocking/unblocking and reporting will be part of responsibilities    

Duties and Responsibilities  
3.  PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
  •  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 related to flexi line management. Blocking and Unblocking of limits.
  •  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.

    4.  MAJOR CHALLENGES
    (Challenges faced on an on-going basis in carrying out the job)
  •  Dynamic portfolio with multiple variables influencing risk performance
  •  High velocity- Expertise required to manage huge data sets
  •  Draw meaningful / actionable insights as an outcome of data analysis
    Ongoing liaising with IT, Business and BIU teams to ensure timely reporting of critical performance indicators    

    Required Qualifications and Experience  
    a) Qualifications
    Graduate/ Post-Graduate having Banking domain knowledge

    b) Work Experience
    2 - 3 years experience in retail or consumer lending. 
    Excellent analytical, data management and presentation skills.
    Exposure to data management tools Eg. SQL/Power BI etc.
    Effective verbal and written communication skills and stakeholder management    

  • Employment Type: Full Time, Permanent

    Read full job description

    Bajaj Finance Interview Questions & Tips

    Prepare for Bajaj Finance Manager roles with real interview advice

    Top Bajaj Finance 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

    3.7
     Rating based on 208 Manager reviews

    Likes

    Company has auto promotion policy after tenure

    • Salary - Good
    • +2 more
    Dislikes

    Environment is very toxic, everybody wants to use the employee as a machine

    • Job security - Poor
    • +3 more
    Read 208 Manager reviews

    Manager salary at Bajaj Finance

    reported by 651 employees with 1-13 years exp.
    ₹2.8 L/yr - ₹11 L/yr
    60% less than the average 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

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