Hiranandani Financial Services - Policy Risk Manager - Retail Lending Sector (2-5 yrs)

The Policy Risk Manager will be responsible for establishing and managing risk policies, monitoring portfolio performance, and working closely with the IT team to ensure the smooth implementation of new policies.

The role involves evaluating, implementing, and monitoring credit scoring models and ensuring adherence to established policies.

Key Responsibilities:

Data Management & Reporting:

- Establish requirements for data maintenance and management, collaborating with the IT team for implementation.

- Create management reporting tools to monitor portfolio performance across different segments (product, vintage, risk segment, score band, marketing channel).

- Identify trends such as improved portfolio quality or heightened delinquencies and recommend strategy changes to the business.

Portfolio Analysis & Strategy:

- Prepare review decks with detailed analysis on portfolio performance and present findings to management.

- Track performance against guardrails and analyze macro-economic data to determine its impact on business operations.

Credit Policy Formulation & Implementation:

- Formulate and implement Credit Policies and Operational Guidelines for retail lending businesses.

- Work closely with the IT team to implement new policies in systems, review validations, and suggest improvements for system efficiency.

Business Rule Engine Management:

- Manage the Business Rule Engine and ensure policies are accurately implemented and followed.

Compliance & Risk Monitoring:

- Create built-in mechanisms to ensure adherence to policies and highlight any deviations to concerned authorities at regular intervals.

Skills & Qualifications:

Educational Background:

- Professional education in a financial stream, such as Finance, Risk Management, or related fields.

Experience:

- 2-5 years of experience in Credit/Risk Management, preferably in the financial services or retail lending sector.

Key Skills:

- Strong ability to analyze information, problems, situations, and procedures from an operational perspective.

- Proficiency in Microsoft Office applications (Excel, PowerPoint, Word) for reporting and analysis.

- Experience in working with IT teams to implement and optimize policies and systems.

Competencies:

Excellent communication and presentation skills for presenting to management and stakeholders.

Strong attention to detail with the ability to identify trends and recommend actionable strategies.

Ability to work independently with minimal supervision and manage multiple tasks simultaneously