Lead - Risk & Policy - SME Lending

About Our Client

A leading NBFC based out of Gurugram

Job Description

· Lead risk & policy for all existing SME lending products, build risk and policy framework for new line of businesses and evolving use cases (Ticket Size ranging from 1L-100L)

\n · Maintain credit quality of assigned portfolios. Ensure credit loss and credit cost is within projected levels on all such portfolios

\n · Design/develop/credit policies, new programs, processes, products from risk management perspective, in line with best industry practices & business opportunity - Professional Loans, OD, Secured SME Lending, Merchant Lending

\n · Lead, modify & release amendments in the policies and programs across all business lending products with an optimal mix of underwriting concepts and use of data science tools like: - risk score cards, statistical models to help Business have competitive edge in the market and mitigate Risk for multiple portfolios.

\n · Take support of rule engine based automated models and loan approval processes to improve customer underwriting Journey and rules etc. using latest technology.

\n · Drive and monitor the loans portfolio on daily/weekly/monthly basis to maintain risk metrics at desired levels by continuously analysing, identifying, and eliminating the high- risk segment from portfolio. Recommend corrective actions for maintaining a healthy portfolio and lower loss rates.

\n · Define various metrics & tracking's for assessment of the through the door quality, approvals and performance

\n · Lead execution, tracking & change management ranging from new partner enrolment, formulating policies and processes, define success metrics and loss forecasting.

\n · Anticipate impact on business when recommending changes to balance risk/reward

\n · Drive deep data analytics for decision making on risk & opportunities

\n · Ensure adherence to RBI norms, internal audit findings, and compliance standards.

\n · Help prepare risk tracking's for senior management and regulatory bodies.

\n · Lead internal and external audits, hind sighting related to policies, processes & underwriting

\n · Collaborate with credit underwriting teams, collections & business stakeholders for problem solving

\n · Work with analytics, products teams to identify opportunities & sharpen risk outcome & business growth

\n · Interface with external service providers, partners, DSA - both existing & new to find opportunities & improve outcome

\n · Regularly visit market & customers to understand ground realities, feedback to the policies & processes.

The Successful Applicant