Head - Risk Unsecured Loans - Personal Loan

The role of a Personal Loan Risk Head is to own, manage and communicate risk policies and processes. He/She shall provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support. Prospective candidates must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.

Key Expectations

1. Designing and implementing an overall risk management process for the Personal Loan portfolio, which includes an analysis of the financial impact on the company when risks occur

2. Performing a risk assessment: Analyzing current risks and identifying potential risks that are affecting the company

3. Own the portfolio risk metrics - Loss forecasting, Stress testing, Credit Risk, Liquidity risk, Collections performance & strategy & overall ROA by segment.

4. Monitor portfolio risk from granular dimensions and constantly implement strategies to maintain risk metrics within specific ranges.

5. Monitor various operational metrics and develop alerting mechanisms to maintain process efficiency.

6. Designing and implementing strategies for Underwriting, Account Management, Portfolio Monitoring and Collections

7. Develop risk based credit policies and pricing grids to maximize approvals within specific segments of risk

8. Develop algorithms and scorecards and drive decision models across various business segments.

9. Partner with Engineering team to implement policies and scorecards.