Bajaj Finserv - Senior Manager - Risk/Rural Lending

Company : Bajaj Finserv Lending

Job Title : Sr. Manager-Risk, Rural Lending

Reports to : National Head Risk - Rural Lending

Location : Pune (Corporate Office)

Position Summary :

- Overall 7-8 years experience in retail finance, out of which atleast 4-5 years of experience in CD / PL / Cards.

- Responsibilities includes Portfolio risk management, Market visits, Data Analytics for all products under consumer rural lending

Duties and Responsibilities :

- Responsible for formulating, implementation/dissemination & adherence of risk policy for all products under Rural Finance umbrella.

- Working closely with product team for understanding competitor strategy and tweaking policy as per market requirement

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

- Maintaining loss rates within budget

- Defining various risk metrics and monitoring them and publishing for all Rural Finance products to enable senior management to take various strategic decisions

- Portfolio risk monitoring & management

- Define and ensuring adherence of acquisition processes for frontend, credit process for credit, operations process for operations

- Ensure continuous evaluation of credit ops process to identify improvement and execution of the same in coordination with credit ops.

- Support product team in developing systems, IT development and improvement of the same and is line with business requirements.

- Working closely with RCU to develop RCU policy/process across products and markets

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

- Developing file audit and sharing feedback to all stake holders

- Support business in various initiatives and promotions by enabling business growth and maintaining portfolio quality

- Policy and Process audit

- Extensive Market visits

- Data Analytics

Required Skills & Experience :

- Overall 7-8 years experience in retail finance, out of which atleast 4-5 years of experience in CD / PL / Cards.

- Should have fundamental understanding of risk parameters and risk portfolio management

- Proficiency in data analytics - understanding and processing data to arrive at meaningful risk metrics and relevance to portfolio improvement

- SQL / SAS proficiency must

- Excellent Excel & Power Point proficiency

- Basic understanding of IT skills

- Should be willing to travel extensively