Data Science

AVP - Credit Risk - GSC - BLR

Bengaluru, Karnataka
Work Type: Full Time
We are hiring for a mid size fintech product company. 

Title: AVP Credit Risk
Experience: 8 - 11 yrs
Notice: Immediate to 30 Days

Overview:
This role is responsible for measuring and managing the overall credit risk involved with the company. 
Also oversees the company's credit & collections policies, procedures and processes ensuring all risks are addressed appropriately through evaluation and developing required risk framework

Qualifications:
  • CA / MBA / post graduate in management/finance
  • Experience : 5+ years' experience in banking / NBFC sector with expertise in credit delivery/
    underwriting, policy, risk of Corporate, SME, Retail & Vehicle finance
Hands on: Consumer Loans, Unsecured Loans, Credit cards loans, Personal Loan, Building Loss related Portfolio, Underwriting Strategies, "Quality of Organization", Cross Functional Team, Risk and Fraud


Key Responsibilities:
  • Direct responsibility for the credit quality and risk performance of the company and all business
    verticals.
  • Portfolio reviews covering areas of delinquency reports, perusing Early Warning System (EWS) reports.
  • Focus should be on portfolio intervention and resolutions strategies with the business unit in order to improve asset quality on continuous basis
  • Serves as a member of Asset Liability Committee and acts a liaison between the Asset Liability
    Committee and the lending units with respect to Credit Policy monitoring
  • Develops, recommends and monitors credit policies and procedures, ensuring regulatory compliance
  • Sets overall risk appetite in partnership with management and the business lines to develop a
    coordinated and cohesive risk taking strategy
  • Oversee the implementation and management of the Credit Scoring model
  • To support the team in framing of policies, underwriting of Secured/Unsecured Loan, managing credit team, maintain TAT in underwriting as per SOP.
  • Sharing weekly / monthly/ quarterly and annually MIS for sanctions/rejections/disbursal and other
    portfolio monitoring items.
  • Develop and enhance the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders
  • Lead enhancements to the Credit Measurement Framework; which include rating models (PD) and LGD (Loss Given Model) measurement jointly with CEO
  • Recommend modifications that reflect developing risks, economic conditions and projections, and the competitive environment
  • Monitor economic performance across all credit decisions and partner with our business and risk team to identify improvement opportunities
  • The role also involves training of credit and business teams and alignment with the organizational goals set for the Secured/unsecured line of business.
  • Determining which applicants qualify for loans based on their income, assets, and other factors such as credit history and employment status
  • Ensuring that loans are secured by collateral that can be liquidated if the borrower defaults on the loan
  • Reviewing a company’s existing loan portfolio to ensure that all loans are performing as expected
  • Reviewing loan applications to determine whether they meet lending standards and recommending
    approval or denial of applications

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