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Policy Manager - LAP
Magma Leasing
posted 15hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
a) CreditPolicy Development: Develop, review, and enhance the creditpolicies procedures for existing as well as new loan products in the LAP segmentto maintain a balanced and effective risk management approach while supportingbusiness objectives.
b) Portfolio Risk Assessment Monitoring: Assess credit risk in the portfolio on anongoing basis through in-depth analysis of good/bad segments of theportfolio. Establish credit monitoringmechanisms to track the performance of the credit portfolio and proactivelyidentify potential areas of concern.Present portfolio performance and insights to senior management onmonthly basis.
c) Market Competition Analysis: Gather intelligence on competitionproducts and processes and market landscape and utilize the same to enhancecredit policy framework and risk mitigation strategies.
d) DataAnalysis Automation: Utilize data analytics to gain insightsinto credit trends, customer behavior, and portfolio performance, and use thisinformation to optimize credit policy decisions.Collaborating with Data Science Tech Team for increasing extent of automation and system decisioning to maximize the coverage of transactions through system. Developing, deploying, maintaining andupdating scorecards / policy rules (BREs) in system. Ensure successful UAT is conducted for allBREs rules coded in the system.
e) Collateral Analysis Monitoring : This includes identification andmonitoring of risks related to collateral including PDD checks, title search,pricing, valuation changes, recoverability etc. along with mitigation techniquesfor such risks .
f) Regulatory Compliance: Stayup-to-date with the latest regulatory guidelines and ensure the credit policyadheres to all relevant legal and regulatory requirements set forth by relevantauthorities.
g) Cross-functional Collaboration: Collaborate with various departments, including Finance, Operations, IT, DataAnalytics, Business, Credit and Collections, to integrate credit policyconsiderations into their respective functions.
h) Ad-hoc assignments: Ad-hoc assignments related to credit riskand portfolio analytics from time to time
Employment Type: Full Time, Permanent
Read full job description What people at Magma Leasing are saying
Manager salary at Magma Leasing
reported by
1
employee
with 26
years exp.
₹9
L/yr - ₹11.5
L/yr
36%
less
than the average Manager Salary in India
View more details
What Magma Leasing employees are saying about work life
based on 14 employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Magma Leasing Benefits
Health Insurance 
Soft Skill Training 
Free Transport 
Work From Home 
Team Outings 
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