Country Risk Lead - Banking - India

The client is a US MNC with a global operations . This is a leadership role focusing on risk strategy for India operations

Job Posting Title : Country Risk Lead- India

Location: Mumbai

Job Description

- Partner with the Business Units (BU) to understand the customers- needs, and define and support the business strategy for various customer segments

- Identify and execute on opportunities to drive down customer friction and loss and enable profitable growth - subject to the constraint of managing company's losses and maintaining a safe payment ecosystem

- Educate the BU teams about Risk's strategy, agenda, and progress as it pertains to customer segments in the respective countries

- Educate Risk teams about BU's strategic priorities, including segment level programs/ initiatives

- Help support various reporting rhythms for internal & external stakeholders e.g. Country Leadership team, Board of Directors, regulators, partners etc.

- Work with global and regional teams to evaluate and improve existing risk management policies on a regular basis; routine and on-going analysis of losses to ensure an appropriate balance of portfolio losses and risks at all times

- Continuously evaluate industry trends, competitive risk policies and customer needs to manage and influence company's direction & performance of its risk management programs

- Lead sub-regional implementation of risk mitigation controls (e.g. reserves, minimum balances, withdrawal limits) to limit risks from specific populations

- Consult on business initiatives, products and features. Analyze risk impacts, exposures and expected profitability of new products and offerings.

Additional Job Description

- Bachelors degree in Business, Economics, Statistics, Accounting, Finance, Mathematics, Operations Research, Engineering with an MBA or related graduate degree preferred

- Strong preference for experience in risk management, credit underwriting and/or portfolio management capacity for financial services, payment services, or merchant account acquiring companies, especially online business.

- Knowledge of credit agency data availability and usage, and alternative sources of credit and business performance data on large corporates

- Appreciation of local legal, compliance, collections, banking norms as well as unique and emerging business practices in the Indian market will be an added advantage

- A passion for problem-solving, flexibility, comfort with ambiguity, and creativity

- Results driven team player with strong leadership, organizational and project management skills

The position reports to Sr Director

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