Senior Role - Risk & Policy - Retail Vehicle Loan (8-20 yrs)

Risk & Policy - Retail Vehicle Loan

Job Description:

- Ensuring Credit Loss and credit cost is within projected levels on all retail secured loans.

- Design/develop/review policies, new programs, processes, products, delegation of authority from risk management perspective, in line with best industry practice.

- Lead, innovate and release amendments in the Policies and programs across all products with an optimal mix of underwriting concepts and use of Data Science tools like:

- Risk score cards, statistical models to help Business have competitive edge in the market and mitigate Risk for multiple portfolios.

- Control and monitor the secured loans portfolio on daily/weekly/monthly basis to maintain lower loss rates by continuously analysing, identifying, and eliminating the high- risk segment from portfolio.

- Recommend corrective actions for maintaining a healthy portfolio and lower annualized loss rates.

- Formulating policies and process, define success metrics and loss forecasting models. Meeting partners and dealers on daily basis.

- Inferring from changing data trends and further providing insights/justifications with way forward approach.

- Anticipate impact on business when making decisions in order to balance risk/reward without compromising service levels.

- Engage in analysis relating to decline of EMI, delinquency, loss or viability of business volume on any new product launch to support decision making.