Summary :
We are seeking a seasoned and strategic Director of Credit Risk to lead the development, implementation, and monitoring of credit risk strategies across portfolios. The ideal candidate will have deep technical expertise in SAS, SQL, and predictive modeling, combined with strong leadership, regulatory knowledge, and decision-making skills. You will oversee risk strategy formulation, credit policy enhancement, and ensure adherence to regulatory frameworks while optimizing portfolio performance and credit quality.
This is a high-impact leadership role with cross-functional influence and visibility across the enterprise, reporting to senior executives within Risk or CRO functions.
Key Leadership :
- Lead the development of end-to-end credit risk strategies across products (e.g., cards, loans, retail, SME).
- Set and monitor risk appetite metrics, thresholds, and risk-adjusted performance targets in alignment with business objectives.
- Collaborate with senior stakeholders (Risk, Finance, Product, Data Science, Compliance) to align risk initiatives with enterprise goals.
Modeling, Analytics & Insights :
Design, implement, and manage predictive models for credit risk assessment, including PD, LGD, EAD, scorecards, and stress testing models.Utilize SAS and SQL to manipulate large-scale datasets for analytics, reporting, and model development.Perform portfolio segmentation, loss forecasting, early warning signal detection, and behavioral modeling.Policy & Compliance Oversight :
Oversee formulation and regular updates to credit policies, procedures, and lending guidelines using data-driven insights.Ensure compliance with global regulatory frameworks such as Basel II / III / IV, IFRS 9, CECL, and local regulatory standards.Lead model validation, documentation, governance, and periodic reviews in collaboration with Model Risk teams.Monitoring & Reporting :
Develop robust dashboards, MIS, and risk reports to monitor the performance of strategies, segments, and overall risk exposure.Provide senior management and board-level updates with actionable insights and recommendations.Track macroeconomic factors and scenario impacts on portfolio risk, integrating learnings into strategic decisions.Team Leadership & Mentoring :
Lead, mentor, and develop a team of risk analysts and modelers, fostering a high-performance, collaborative, and compliant culture.Promote upskilling in emerging tools (e.g., Python, R, Tableau, cloud platforms) and continuous improvement.Required Qualifications :
Bachelors or Masters degree in Finance, Economics, Statistics, Mathematics, Computer Science, or related field.10+ years of experience in Credit Risk Strategy, Risk Analytics, or related domains in banking or financial services.Proven expertise in SAS (Base / Macro / Enterprise Miner), SQL, and statistical modeling techniques.Demonstrated experience with scorecard development, loss forecasting, and portfolio monitoring.In-depth understanding of retail or commercial lending products, credit cycles, and risk-adjusted return metrics.Strong understanding of risk regulatory frameworks : Basel II / III / IV, IFRS 9, CECL, CCAR, etc.Experience managing or influencing cross-functional teams, committees, or credit strategy forums.(ref : iimjobs.com)
