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Location

Mumbai | India

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Job description

Years of experience – 3 to 5 Years

Job Requirements: The Job involves developing the Credit Risk Policy, Credit Model, Scorecard, Credit Process, detailed policy writing for various clients.

Job description

· Assist clients in drafting the overall credit policy, creating underwriting framework, and policy for underwriting of credit card application based on multiple scenarios and factors

· Implementation of scenario based underwriting scorecards based on the credit card underwriting policy and framework

· Study the emerging macro-economic, sectoral trends, assess the impact on the existing underwriting framework available in the market.

· Benchmark credit policies for various banks and come up with suitable framework for credit policy for the client

· Work with Credit bureaus, AI based vendors and other Credit related vendors to come up with various scorecards and scenarios for underwriting.

· Designing pre-approved policies and customer-base generation activity basis existing portfolio and other Bank relationship and bureau conduct to ensure higher card penetration to the internal customers

· Experience with dynamics of unsecured or secured products

· Designing and implementing various Scoring Models and Credit Risk models for card acquisition.

· Experience in performing quantitative analysis, statistical modeling, loss forecasting, loss reserve modeling, and particularly econometric modeling of consumer credit risk stress losses

· Exposure to various stress loss modeling approaches at the segment or account level preferred

· Experience in creation of risk weights, risk multipliers and matrices, probability of default etc

· Exposure to Digital channels, FinTechs and online tools of credit dispensation

· Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general

· Experience in credit and fraud risk related analytics initiatives

· Ability to do deep dives and recommend actions to ensure risk metrics remain within acceptable threshold

· Create early warning signals to identify red flags within the portfolio

· Create fraud rules to identify fraudulent customers / transactions within Credit Cards, while minimizing false positives

· Build robust credit risk models like Application Score (includes reject inferencing) / Behavior Score

· Build fraud risk/collections models for Credit Cards

· Work with Risk / Business teams to secure approval of models and strategies developed

· Subject matter expert in the domain of Credit Card Risk Analytics Scope of the role

· Provide data driven solutions to improve portfolio quality and delinquency

Ability to understand complex business problems, end to end hands on exposure to analytics including collecting, pulling and preparing data, building statistical/ ML models using Python/ R / SAS & other tools and generating insights to synthe a complete, cohesive picture

· Communicate the context and value of data analysis and models to stakeholders

· Work closely with internal and external business partners in building, implementing, tracking and improving decision strategies Desired

Key Requirements:

· Relevant experience in designing and implementing the credit card policies for a Bank or worked with a Credit bureau (CIBIL/Experian/Crif)

· Must have in depth knowledge of the underwriting policies for lending product, especially for credit cards

· Must have good written and verbal communication skills

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Job tags

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Salary