Lead Policy - Business Loans
Location
Mumbai | India
Job description
Role/Job Title: Lead Policy - Business Loan
Function/ Department: Retail Risk
Job Purpose:
The role holder has the responsibility to review performance of Business Loans portfolio and continuously monitor risk across the portfolio. The role holder is resposnisble to review the acquision and portfolio management policies and ensuring the growth of portfolio in right direction within the Risk appetite of the bank. The role includes interacting and coordinating with all the control functions and respective stakeholders of the Bank like Business Risk/ Product/ Audit/ Analytics / Operations/Technology for effective and efficient delivery and controls of project and process within specific timeliness.
Roles & Responsibilities:
- Responsible for review and approval of product programs and credit policies for Business Loans.
- Review and monitoring of Application score cards / Risk models for the Business Loans Product.
- Monitor and deep dive into portfolio analysis of Business Loans and initiate necessary risk actions as and when required.
- Manage Risk related regulatory interactions with various committees and authorities.
- Assure adherence to the guidelines set by the bank.
- Manage regulatory, statutory and internal audits.
- Oversee various Board policies, their renewal and governance.
- Develop early warning risk signals mechanism to have early triggers in place for unexpected events.
- Keep a track on macro-economic developments and incorporate the same in business strategies.
- Provide guidance to business teams to align business processes with overall bank strategies.
- Capture and share best- practice knowledge amongst the team
Secondary Responsibilities:
- Recommend improvements to processes and policies to drive operational efficiencies and high quality customer service.
- Leverage in-house synergies through collaboration with internal stakeholders.
- Keep abreast with global market trends and competitor strategies in key markets.
Education Qualification:
Graduation: Any Graduation.
Post-graduation: Any Post-graduation.
Experience: 5 to 10 years of relevant experience.
Job tags
Salary
