Head - Retail Risk - Mortgages - Prime Home Loan/Loan Against Property Segment

Head- Retail Risk- Mortgages (Prime HL & LAP)

As the policy and risk head for Home loan and lending against property, will be responsible for developing and executing risk management strategies that unable sustainable portfolio growth while protecting the organization from undue risk

Key responsibilities :

- Develop and implement comprehensive credit policies, underwriting criteria and risk management frameworks, tailored specifically for home loan and LAP in alignment with organization's risk appetite, continually enhance bank's policies by tracking market trends, regulatory changes and portfolio performance analytics.

- Formulation & implementation of credit policy framework for products within regulatory guidance & risk appetite of the bank.

- Tracking portfolio triggers, risk appetite level, NPA/write off trends, quality of static asset pool. Identify good/ bad segments, establish credit monitoring mechanisms to track the performance of the credit portfolio and proactively identify potential areas of concern.

- Ensuring adherence to credit Policy and guidance/ clarifications on policy parameters to stakeholders.

- Must have experience of managing and handling team ( internal and external) along with decent stakeholder management acumen.

- Ensuring process & underwriting efficiencies through tech initiatives/digitalization.

- Ensure adherence to internal systems, controls & processes to ensure efficiency, risk management, operational risk management and compliance.

- Peer interaction and stakeholder engagement across locations product innovation through localized & segment specific norms, gather intelligence on competition products and processes and market landscape and utilize the same to enhance the credit policy framework and risk mitigation strategies.

- Support system changes to improve quality of data and ease of processes.

- Periodical health councils, management reviews, stakeholder reviews, monthly risk update/risk newsletters, stakeholder reviews.

- Ensuring adherence to Internal audit/RCSA/regulatory RBS and RMP /other compliance observations for process/policy improvement.

- Preparation of monthly newsletters and MIS and Present portfolio to senior management on a periodical basis.

- Should have knowledge and experience of handling structured transactions viz. LRD and should have knowhow of products like LAP OD etc.