Risk Head - Consumer Durables & Digital Products Lending - Financial Services Firm

Our client is a leading Financial Services organisation. We are seeking a seasoned professional to lead the Risk team in the domain of Consumer Durables Lending and Digital Products Lending. The ideal candidate will possess 14 to 16 years of diverse risk management experience, ideally within Consumer Durables, Credit Cards, or Two Wheelers Finance sectors, and will have successfully managed large volumes of lending portfolios. The selected candidate will play a pivotal role in overseeing the risk management strategies and processes for our lending products, ensuring sound decision-making, portfolio quality, and adherence to regulatory guidelines.

Responsibilities:

1] Lead and manage a national team of over 20 risk professionals, providing guidance, coaching, and fostering a collaborative environment.

2] Develop, implement, and refine risk management strategies, policies, and procedures to optimize portfolio performance and mitigate potential risks.

3] Monitor and analyze portfolio trends, identify emerging risks, and recommend proactive measures to maintain portfolio health and minimize losses.

4] Collaborate cross-functionally with Product, Underwriting, Analytics, and Collections teams to ensure alignment of risk objectives and business goals.

5] Drive continuous improvement initiatives in risk assessment methodologies, data analytics, and predictive modeling techniques.

6] Evaluate and recommend credit scoring models, risk segmentation, and portfolio segmentation strategies to enhance decision-making processes.

7] Stay up-to-date with industry best practices, regulatory changes, and market trends to adapt risk strategies accordingly.

8] Present regular risk performance updates to senior management and articulate the rationale behind strategic decisions.

Qualifications and Experience:

1] Masters degree in Finance, Economics, Business, or a related field.

2] Proven track record of 14 to 16 years of progressive risk management experience, preferably within Consumer Durables, Credit Cards, or Two Wheelers Finance sectors.

3] Strong understanding of risk assessment methodologies, credit scoring, and portfolio management.

4] Experience in managing and mentoring diverse teams, driving their professional growth and fostering a collaborative culture.

5] Demonstrated ability to navigate complex regulatory environments and ensure compliance with relevant laws and regulations.

6] Proficiency in data analysis and interpretation, with a sound understanding of data-driven decision-making.

7] Excellent communication skills, with the ability to present complex concepts in a clear and concise manner to diverse stakeholders.

8] Strategic thinker with a proactive and innovative approach to risk management challenges.

9] Familiarity with digital lending platforms and technologies is advantageous.

If you are an experienced risk management professional with a strong track record in managing risk within the Consumer Durables and Digital Products Lending sectors, and if you are looking to lead a dynamic team in a thriving organization, we invite you to apply and join us in shaping the future of responsible lending.