AVP - Co-Lending Credit Risk - NBFC

AVP - Co - Lending Credit Risk || NBFC | Pune

Hiring AVP - Co - Lending Credit Risk for a NBFC Firm @Pune loc

a. Credit Policy Development: Develop, review, and enhance the credit policies & procedures for existing as well as new secured/unsecured loan products done under the co-lending model with various partners, to maintain a balanced and effective risk management approach while supporting business objectives. Understanding credit policies of partnerships and aligning the same to ensure that it meets the company's overall risk appetite.

b. Portfolio Risk Assessment & Monitoring: Assess credit risk in the portfolio on an ongoing basis through in-depth analysis of good/bad segments Identify data gaps/anomalies and reconcile the same with partners. Establish credit monitoring mechanisms to track the performance of the credit portfolio and proactively identify potential areas of concern. Track & report FLDG requirement and availability wherever applicable. Present portfolio performance and insights to senior management on monthly basis.

c. Data Analysis & Automation: Utilize data analytics to gain insights into credit trends, customer behavior, and portfolio performance, and use this information to optimize credit policy decisions. Collaborating with Data Science & Tech Team for increasing extent of automation and system decisioning (including use of AI/ML techniques) to maximize the coverage of transactions through system. Developing, deploying, maintaining and updating scorecards / policy rules (BREs) in system. Ensure successful UAT is conducted for all BREs rules coded in the system.

d. Regulatory Compliance: Stay up-to-date with the latest regulatory guidelines and ensure the credit policy adheres to all relevant legal and regulatory requirements set forth by relevant authorities.

e. Cross-functional Collaboration: Collaborate with various departments, including Finance, Operations, IT, Data Analytics, Business, Credit and Collections, to integrate credit policy considerations into their respective functions.

f. Ad-hoc assignments: Ad-hoc assignments related to credit risk and portfolio analytics from time to time.

Desired Profile :

- Minimum Qualification Masters degree in finance, economics, data science, IT, CA, MBA

- Minimum 5 years of experience in retail lending space in risk and policy role for co-lending products at a Bank / Large NBFC / Fintech; experience in portfolio risk analytics and system automation.

- Good understanding of Indian retail lending market including digital lending and fintech space

- Candidate should possess effective communication and presentation skills, stakeholder management capabilities, inclination towards automation and extensive use of analytics.