Hiranandani Financial Services - Policy Risk Manager - Secured Business Loans

Responsibilities:

- Data Management: Establish and oversee requirements for data maintenance and management, collaborating with the IT team on implementation.

- Develop management reporting tools to monitor portfolio performance across various segments (e. , product, vintage, risk segment, score band, marketing channel) and account levels.

- Reporting and Analysis: Prepare detailed review decks and conduct comprehensive analyses of the portfolio.

- Present findings and recommendations to management, highlighting trends and suggesting strategy changes.

- Performance Tracking: Monitor performance against established guardrails, and analyze portfolio and macro-economic data to assess potential impacts on business operations.

- Credit Scoring Models: Evaluate, implement, and monitor internal and external credit scoring models to ensure their effectiveness and accuracy.

- Policy Formulation: Develop and update credit policies and operational guidelines for the retail lending business, ensuring alignment with industry standards and regulatory requirements.

- Policy Implementation: Work closely with the IT team to implement new policies into systems.

- Review system validations, suggest improvements, and enhance system efficiency.

- Business Rule Engine: Manage and optimize the business rule engine to ensure it supports effective policy enforcement and operational efficiency.

- Policy Adherence: Create and implement mechanisms for policy adherence, regularly highlighting deviations to concerned authorities and recommending corrective actions.

Skills and Qualifications:

- Educational Background: Bachelor's/Master's degree in Finance, Business Administration, Risk Management, or a related field.

- Advanced degrees or certifications (e. , CFA, FRM) are advantageous.

- Experience: Proven experience in risk management, policy formulation, or data analysis, particularly within secured business loans or retail lending.

- Technical Skills: Proficiency in data management and reporting tools.

- Experience with credit scoring models and familiarity with business rule engines.

- Analytical Skills: Strong analytical and problem-solving abilities, with the capability to interpret complex data and trends.

- Communication: Excellent communication and presentation skills, with the ability to convey complex information clearly to stakeholders.

- Collaboration: Ability to work effectively with cross-functional teams, including IT, to implement policies and improvements.

- Attention to Detail: High level of attention to detail and accuracy in policy development and data analysis