Talent.com
IDFC
Risk LeadIDFC • Mumbai, India
Risk Lead

Risk Lead

IDFC • Mumbai, India
30+ days ago
Job description
Job Requirements

About the Role

The Risk Lead is responsible for overseeing risk strategy, policy implementation, and portfolio performance across assigned products. Based in Mumbai, the role focuses on delivering high-quality service while mitigating risks, ensuring compliance with internal and regulatory frameworks, and driving data-driven decision-making. The incumbent will collaborate closely with underwriting, sales, product, analytics, and technology teams to ensure the portfolio remains healthy and aligned with the Bank's growth and profitability objectives.

Key Responsibilities

Primary Responsibilities

  • Ensure all risk-related requirements are fulfilled while maintaining high service quality for customers.
  • Identify early warning signals and implement internal controls to manage portfolio risk.
  • Draft and update policy documents for assigned loan products
  • Oversee policy implementation to maintain portfolio quality and meet target turnaround times (TAT).
  • Leverage automation and other tools to enhance process efficiency.
  • Collaborate with cross-functional teams to deliver analytics and insights across Through-the-Door (TTD), credit, and collections metrics.
  • Partner with underwriting, sales, and product teams to incorporate market feedback into proactive policy actions.
  • Ensure compliance of internal regulatory frameworks across the assigned loan business.
  • Manage vendors supporting risk-related processes.

Secondary Responsibilities

  • Promote the use of market intelligence and data analytics to support growth and profitability.
  • Stay updated on global market trends and competitor strategies in key markets.
  • Lead initiatives to reduce operational costs and improve profitability.

What We Are Looking For

Education

  • Graduation: Full time graduate in any discipline from a recognised institution.
  • Post-graduation: MBA from a recognised institution.

Experience

  • Minimum of8yearsof experience in risk management, preferably in retail banking or financial services.

Skills and Attributes

  • Strong understanding of credit risk frameworks and retail lending products.
  • Proficiency in portfolio analytics, risk modelling, and early warning systems.
  • Experience in policy formulation and digital risk transformation.
  • Excellent communication and stakeholder management skills.
  • Strategic thinking with the ability to align risk appetite with business goals.
  • Leadership capabilities with a focus on team development, productivity, and cost efficiency.
  • High attention to detail and process orientation.

Skills Required
early warning systems , Policy Formulation, risk modelling
Create a job alert for this search

Risk Lead • Mumbai, India

Similar jobs

Specialist - Catastrophe Risk Management

Guy CarpenterMumbai, Maharashtra, India

Are you excited by challenges and someone who seeks to find solution? We are looking for a talented and dynamic individual to join our Catastrophe Modelling team at Guy Carpenter.This is a hybrid r... Show more

 • Promoted

Credit Risk Analytics & Product Management

EliteRecruitmentsNavi Mumbai, Maharashtra, India

Job Summary: We are seeking an experienced and analytically driven professional to head the credit product and policy design, launch and management of our embedded finance portfolio as the Director... Show more

 • Promoted

Risk Engineer - Fully Remote | Upto $80/hr

MercorMumbai, Maharashtra, India
Remote
Quick Apply

Headquartered in San Francisco, our investors include.Fraud Engineer (Coding Agent Experience).Review model-generated implementations involving fraud detection systems, risk scoring models, abuse p... Show more

Lead Auditor - ISMS

Vitasta Consulting Pvt LtdMumbai, MH, Maharashtra, IN

Job Title - Lead Auditor (ISMS ISO 27001)<br /> BU / Department - Business Assurance - Management Systems<br /> Directly Reports to Branch Manager</strong></p> <p><... Show more

Manager- ERM

Vitasta Consulting Pvt LtdMumbai, MH, Maharashtra, IN

Key Responsibilities:<br /> <br /> - Implementation of ERM Framework, Risk Registers, KRIs, Risk Appetite Statements, and Incident Tracking<br /> - ESG Framework implementation an... Show more

Structured Trade Review- Senior Risk Analyst

Riverforest Connections Private LimitedMumbai, MH, Maharashtra, India

Times New Roman,Times,serif;"><strong>Job Description : </strong></span></span></p> <p><span style="font-size:12px;"><span style=... Show more