Senior Associate Director - Policy Manager - Bank

Policy Manager - Senior Associate Director

About Our Client :

- Our client is a respected bank. We are looking for a seasoned professional for Risk Policy Formulation and Implementation role - Senior Associate Director for Mumbai.

Principal Responsibilities :

- Establish and constantly update credit policy for Business Loans for Self Employed segment keeping in mind competition strategy, business goals, risk and regulatory guidelines.

- Develop financials based/surrogate based acquisition policies for various sourcing channels like business banking, branch network, open market sourcing, digital acquisition channels, online aggregators etc.

- Formulate and amend post-acquisition policies like top-up loans, balance transfer etc.

- Build a strong interface with credit bureaus and utilize information from bureaus for dynamic customization of credit policies including line monitoring

- Conduct Portfolio Audit on quarterly basis and ensure effective closures of audit/hind-sighting findings

- Ensure implementation of policy guidelines by providing adequate training support to sales and underwriting teams

- Liaison with technology and systems for implementation of policy frameworks

- Monitor unsecured lending Business Loan portfolio for delinquency and profitability perspective

- Amend policies based on analysis of portfolio to mitigate losses, reduce delinquency and increase profitability and meet business goals

- Periodic portfolio reviews with senior management

An Ideal Candidate should possess :

- Experience in Credit Risk, Policy or Underwriting Business loans, working capital, commercial or SME lending

- Sound understanding of Company Balance Sheets, P&L and cash flow statements

- Good analytical skills and understanding of financial statements

- Good inter - personal and communication skills (verbal and written)

- Good understanding of Personal Loans business