Senior Manager - Personal Loans - Credit & Policy - Credit Risk - Digital Lending

Job Purpose :

Manage and strategize on end-to-end credit underwriting and monitoring of portfolio of personal loans through digital journey.

Principal Accountabilities :

Underwriting Policies :

Working on solutions for credit underwriting basis different product constructs

Closely work with Data Science team to analyse the underwriting models prepared by them and validate the performance of the same on current portfolio

Determining performance benchmarks and identify course of action in case of breach

Automation of Credit Policies to ensure no / minimal manual Intervention in assessing the creditworthiness

Determining the right pricing basis segmentation

Working on standardization of policies and processes.

Track portfolio profitability and funnel metrics along with risk thresholds.

2. Performance monitoring :

Portfolio Analysis and recommending the policy changes to Policy head basis the outcome of the analysis

Periodical credit review of the existing portfolio and conducting various analysis to identify the high-risk segments.

Taking actions to mitigate the risks identified based on portfolio performance

Monitor the delinquent accounts to ensure the achievement of company standards / benchmark of the delinquency.

Identifying technological solutions to improve existing processes and overall portfolio management functions

Analysis of various MIS to monitor portfolio performance and risk.

3. New Partner Integrations

Understanding the product being offered by the new channel partner and the segment being catered to.

Understanding the journey, identifying the set of information available with the channel partner and requisitioning the set of data to be provided at time of application

Creation of policy basis the product, information available and prevailing models

Facilitate data room exercise for new segment of customers

Formulation of policy keeping the expected loss rates in consideration

Monitor the implementation of policy, UAT and production test run of policy and clear the bottlenecks, if any

4. Relationship Management :

1. Managing relations with Partners, credit reporting agencies and assisting in all credit operations of the company

Qualifications

Minimum Qualification required : Postgraduate in Finance / Statistics / Management from A institutes

Qualifications preferred : BTech with MBA

Work Experience

Minimum 7 years with 3 – 4 years in risk management and policy creation

Should have a fair understanding of risk performance

Should have very good communication skills

Superior Stake holder management skills- Work closely and align with each of the internal functions which includes Business development, Credit and Policy, Data science, Legal, Technology, Operations, Collections, Customer Success team and external stakeholders.

Hands-on experience to work on large structured and unstructured datasets using different data processing and statistical tools is must

Data driven, Analytical approach, Team Player

Main Skills : -

Applicant should be Proficient in -

Data Analytics

Model Validation

Policy Formulation

Portfolio Management

Stake Holder Management

Project Management

Technical Skills : -

Demonstrated Experience in R / Python, SQL, Advanced Excel etc.