UNO Digital Bank
Location
Bangalore | India
Job description
Credit Risk Analyst (open to relocate to Manila, PH)
UNObank's goal is to help bridge the financial inclusion gap in the Philippines and eventually Southeast and South Asia. UNO, which means ‘one’, sets the premise for our digital bank that offers one app and one card to enable consumers anywhere in the Philippines to save, borrow, transact, invest, and protect their finances easily, with speed and ease. UNO’s leadership team is comprised of some of the brightest and most successful people in the business and we share a passion for our mission and believe in a collaborative approach to create the best Digital bank. As a Credit Risk Analyst, you will be responsible for supporting the implementation of credit risk strategies by preparing data analysis, assessing credit data information and recommend risk actions. You will support the changes to the credit risk policy and processes to ensure compliance. This role will report to the Credit Policy and Analytics Head Job Location: Manila, Philippines Job Responsibilities: • Formulate, review and update credit policies and criteria for new business and portfolio management, aligned with business objectives of profitable growth while at the same time balancing credit risk, operational and customer considerations. • Regularly monitor key portfolio risk indicators (i.e. approval rates, delinquency, flow rates, provisions etc.) and recommend necessary strategy changes to ensure healthy portfolio growth and manageable credit losses. • Establish benchmarks and validate the benchmarks in line with recent performances, risk appetite and organization’s profitability expectations, and ensure policies are aligned towards target segment that are expected to meet benchmark standards • Provide constant feedback to key stakeholders on portfolio trends to improve effectiveness and efficiency of business sourcing, credit processing and approvals, customer management, collections, and customer servicing, etc. • Evaluate proposal for expansion opportunities in the market and segments within the bank’s existing customer base and create test programs to build new business from new segments. • Perform timely post-test analysis on test programs/policy rationalization to validate if said test programs can be implemented as a regular policy. • Constantly coordinate with and readily engage cross-functional heads and their teams for the application/ implementation of the prevailing/new policies, to proactively resolve any issues that may arise in relation to the interpretation and execution of such guidelines. • Provide credit policy perspective and inputs to assist decision-makers relating to their new business initiatives and/or credit approvals. • Spearhead and coordinate with external and internal service providers in the creation, implementation, and use of various credit risk tools such as scorecards, bureau, credit policy-initiated system changes, etc. • Ensure compliance to the bank’s policies, local regulatory & other applicable audit/compliance/legislative standards. • Develop and implement risk strategies using scorecard and ensure that business considerations are assessed and gauged on the possible impacts of the scorecard strategies on customers and the business. • Regularly review the quality and accuracy of management information (MI) provided by Data Analytics and seek ways to improve existing MI to enhance portfolio monitoring and management. • Provide inputs for the development of scorecards to meet firm’s objective of providing efficient and prudent credit to its customers without subjectivity in decision making process. • Monitor scorecard performance and effectiveness (if any), based on report provided by Data Analytics. • Monitor the general macro-economic landscape, companies and segments having financial difficulty for possible business cessation. • Implement approved policy rules in the Credit Decision Engine and perform testing. • Review policy rules in the Credit Decision Engine to ensure alignment with approved policies. Qualifications: Education and Professional Certifications Bachelor’s degree graduate preferably in Business Management or other business-related course. Experience At least 1-3 years of related working experience in credit or risk Technical Competencies (“Know-how”) Should have experience in working in a Banking / Lending / Financial institution, preferably in credit underwriting department. Must be excellent in oral and written communication skills and proficient in MS Office. Knowledgeable in Python is an advantage. Behavioral Competencies Must possess all the qualifications and none of the disqualifications required of an Officer as set forth under existing regulations.Job tags
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