Lead - Risk/Senior Lead - Risk

Risk Management is core to Bajaj Finance. In Secured business decision in risk management are data driven and analytical on both customers and collaterals. In order to get faster decision and assess risk of customers and property during loan acquisition and portfolio management, Regular monitoring, Analysis & Statistical models are required to be used on regular frequency. Based on the learnings from analysis, monitoring & statistical models, scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline, acceptable collateral, Legal Staircase, line assignment, Policy Norms and collections are taken.
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
Portfolio Risk management for BL Secured through Acquisition Policies.
Track and Work towards improvement of key performance indicators
Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking
Audit of monthly acquisition to check adherence of policy parameters
Monitor, maintain and improve all policies and processes for BL Secured portfolio and ensure its effectiveness
Continuous monitoring & improvement in collateral assessment & validation process & policies
Continuously monitor and assess state level collateral nuances, norms and key challenges and provide timely resolution to field teams
Track key TTD performance indicators, losses and portfolio quality & provide deep dive analysis on portfolio metric.
Work closely with business team to understand their need and provide process & policy solution.
Identify early warning signals using data analysis and segmentations and take pro-active policy actions as and when required
Work closely with Product, Sales and Credit teams to support business growth and drive new initiatives
Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are build and implemented suitably

4. MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)
- Hind sighting on Approvals & Disbursal on daily basis
- Liaising with IT, COE and other teams to get Programs/Changes in exiting programs implemented in the systems
- Understanding the SFDC workflow, EDW data structure & monitoring through Power BI

5. DECISIONS
(Key decisions taken by job holder at his/her end)
- Identify emerging Risk based on Power BI dashboards/Hind sighting TTD
- Ensure both Acquisition and collateral policy understanding & policy adherance at Field level
- Automation of Hind sighting and Control Charts in Power BI

6. INTERACTIONS
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)

Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
Information Technology (IT), Portfolio Business heads, Chief Risk Officer, COE Team, Product, Sales, Credit & Operations team

External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
Legal & Technical Vendors

7. DIMENSIONS
(Key numerical data which will reflect the scope and scale of activities concerning this job)

Financial Dimensions
(These should be quantifiable numerical amounts)
AOP Risk Metrices
Business AOP numbers

Other Dimensions
(Significant volume dimensions associated with the job)
Individual contributor Required Qualifications and Experience
SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)

Educational Qualifications
Qualifications
MBA / Graduate/ Postgraduate with 5-6 years in SME Risk/SME Underwriting/SME Sales/SME Collateral
Work Experience
3 years of relevant experience in SME Mortgage Risk /Collateral Management / Mortgage Underwriting
Should have basic knowledge of property type & property documentation
Should have basic knowledge of understanding SME Financials & Banking
Should have good command in Excel, Word, Power Point
Individual contributor with the capability to deliver projects within timeline
Experience in handling large data base and the ability to do root cause analysis.
Effective verbal and written communication skills