DMI Finance - Senior Manager - Credit Risk - Digital Lending

The position is to formulate, implement and track credit risk strategy for the consumer business. Primary responsibilities would be to manage the enterprise risk including operation, system risk and counterparty risk .

Principal Accountabilities (Accountabilities associated with the job):

Counterparty Risk:

- Evaluate & measure counterparty risk for various partners and come up with risk mitigates.

- Track exposure at risk and contingent liability and work out a framework for the same.

Enterprise Risk:

- Develop an active monitoring framework for mitigating system risk and overall operational risk for the company.

- Prepare governance model ensure strict adherence to the same.

Risk Strategy:

- Evaluate all credit models basis the model validation report published by data science.

- Independently track model performance vis- vis actual performance for every program.

- Validate credit underwriting assumptions (score cut-off criteria) for all model based underwriting programs.

- Drive underwriting strategy (DRE/Open Market / Prospect Scrubbing) across new and old partners.

Monitoring:

- Monitor all Business Analytics dashboards daily and highlight any anomalies / outlier trends.

- Monitor exception reports / trigger reports and create a channel for resolution in the event of failure.

P & L Management:

- Track protected and unprotected book P&L for all programs.

- Create stress testing models using macro-economic variables.

- Track actual vs plan with budget & outlook.

Skills And Knowledge:

Educational Qualifications:

Qualifications:

- Minimum Qualification: MBA/ Postgraduate in Finance/Statistics/Data

- Preferred Qualification: MS/ MBA (with knowledge of Statistics and Python/R)

Work Experience:

- 8-10 years

- Experience in Risk Management.

- Experience in unsecured lending and governance.

Skills: Tools and Language - R/Python, SQL , Advanced Exce