Risk Head - APAC - IIM/FMS/MDI/XLRI

Essential responsibilities:

1) Country and regional macro-risk assessment

2) Loss forecast update (collective reserves) in coordination with the Data & Analytics team and assessing impact on cost of risk for reserves and pricing - actively involved in budget and forecast process. Specific reserve support to region

3) Support for IFRS9 and US GAAP (CECL model) reserves calculation as well as additional reserving needs based on specific circumstances

4) Support development, implementation and monitoring of scorecards and decision management. The development of the scorecard will be performed by the Data & Analytics team with Global support. However, the individual would need to have an understanding of scorecard development and be the point of contact with users in assessing needs and enhancements and monitoring effectiveness and usage

5) Support the digitization and automation of the credit process through scorecards, auto-decisioning framework, and system enhancements

6) Credit risk monitoring (build and maintain a set of KPIs). Portfolio credit quality and trends including application/approval/funding/loss data by credit tiers, reserve levels, write-offs and cost of risk, and delinquency monitoring

7) Benchmarking assessment with market and peers

8) Responsible for risk process guidelines, policies and controls

9) Share best practices across all regions

10) Develop and support modeling and analytics team in India

11) Support new business initiatives and strategic goals of the organization in growth market

Impact:

Monitoring and managing risk at the region and supporting growth with acceptable level of losses. Be the resource that identifies trends (internal and market) which helps the organization get ahead of issues and manage them in a proactive manner with minimal disruption to business.

Communication:

Financial Services and Brand (Global Credit & Risk, Country Managers, Credit, Finance, Reporting, Collection, ICT and others)

Internal and External Auditors.

Requirements (including minimum education & years of experience):

1) MBA from a Tier 1 B-School is must to have

2) Credit and risk management experience of at least 10 years

3) Data and analytics experience

4) Supervisory/management experience

5) Post graduate degree in either: business, economics, statistics, quantitative finance

6) Basic knowledge required of accounting principles

7) Strong financial analysis skills required

8) Problem solving skills and ability to propose and implement creative solutions