Bajaj Finserv - Head - Secured Risk

Company : Bajaj Finance Ltd

Job title : Head - Secured Risk

Reports to : SME Lending Risk Officer

Business : Risk

Band : E09

Location : Corporate Office, Pune

Position summary : Responsible for credit risk policy and portfolio management of SME Secured Products and Relationship Management

Duties and Responsibilities :

- Responsible for driving policies and portfolio management of SME Secured Products and Relationship Management.

- Responsible for driving policies on technical side for collateral onboarding in all mortgage businesses

- Responsible for monitoring of mortgage portfolio which includes belowareas:

- Monitoring of - High Ticket Mortgage loans

- PDD Monitoring

- Weak Accounts Monitoring

- Enable robust monitoring mechanisms, risk profiling, default probability analysis and scoring models to build and manage a profitable portfolio.

- Ensure robust risk and operating controls to deliver efficient portfolio.

- Monitoring and constant calibration of the risk framework.

- Should apply market acumen and portfolio analysis expertise to review portfolio performance matrices on a regular basis and execute relevant risk mitigation action.

- Evaluation of Portfolio performance and benchmarking the same to Industry

- Will be measured on portfolio profitability, loss management and engagement with product, credit and relationship team.

- Drive new initiatives and capability implementation on risk management

- Stakeholders: Extensive engagement with Business, Product team, Underwriting, Legal, Operations, Analytics and Business Intelligence.

Required Qualifications and Experience :

- CA/ MBA with 12-14 years of mortgage risk management experience

- Strong exposure and understanding of credit practices and products in Mortgages

- Hands on experience and strong capability on portfolio analysis, credit modeling and credit due diligence.

- Should have strong Business Orientation and should be articulate.