Bajaj Finserv - National Head - Risk - B2B Business

Company : Bajaj Finserv Lending

Job Title : National Head, Risk - B2B business

Reports to : Consumer Risk Officer

Location : Pune (Corporate Office)

Position Summary : Formulation of Risk policy, Dissemination & Adherence of Risk Policy across markets, managing distribution risk, maintaining loss rates within budget

Duties and Responsibilities :

Products to be managed :

Consumer Durable, Life style Finance, Digital and DDF :

- Establish and maintain relevant credit policies, risk monitoring structure and portfolio quality standards for CD, LSF and Digital.

- Managing loss rates within budget and Working closely with FCU to minimize fraud risk

- Ensure continuous improvement/enhancement to systems (SFDC & Finnone) platforms by identifying gaps proactively.

- Building framework to continuously assess and evaluate system capabilities to eliminate operational loss

- Monthly interaction & feedback mechanism with collection team to get ground level feedback on market/portfolio

- Support business in various initiatives and promotions by enabling business growth.

- Drive continuous improvements in analytics capabilities and enhancements in the use of risk models & analytics tools

Working capital finance- Trade advance, Retailer Finance and Advance card receivables :

- Responsible for formulating, implementation/dissemination & adherence of risk policy for the above working capital products for all consumer businesses ( CD, LSF, REMI, DIGITAL).

- Travel to locations to understand market and refine and upgrade policy as per market requirement and after risk assessment

- Managing distribution risk

Required Skills & Experience :

- Should have minimum 12-15 years of experience in lending business with specific experience in retail consumer finance. Experience in secured lending would be an added advantage

- Excellent Team Management & Interpersonal Skills.

- All-round understanding of consumer loan products and credit cycle management framework, including product structure/ packaging, regulatory requirements, consumer lending business & market dynamics, key risk & revenue drivers, product profitability, performance analysis

- Should have excellent communication skills along with strong presentation and data analytics skills.