Senior Associate - Risk Policy - Credit Card

Job Purpose:

- To frame the credit card policy framework (acquisition and account management policies), processes and workflow, assist in growth of the credit card business in India.

- Credit cards credit policy management and MIS analytics for portfolio monitoring and regular reviews

- Support implementation of credit decision module on Credit cards technology platform

- Partnership with product development, collections, systems and operations team to ensure product development and roll out objectives are met

Key Accountabilities:

- Portfolio performance monitoring through a structured early warning mechanism

- Assist on developing Fintech partnerships, vendor empanelment, UAT activities on system changes

- Compliance with all internal and RBI/MAS guidelines

- Ensure system changes keep pace with product development and ensure adequate controls

Job Duties and Responsibilities:

- Manage policy / processes for mainly Credit cards for the consumer retail portfolio pan India

- Facilitate regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions

- Design & manage MIS reporting for credit cards portfolio - Gather risk/business requirements, interpret and analyze and present them to the Leadership through dashboards, visual reports etc.

- Streamline and automate credit risk reporting to ensure timely and accurate generation of reporting outputs by required due dates.

- Link process metrics, performance metrics and set up benchmarks for comparable projects and processes

- Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance

- Drive portfolio management initiatives through the credit cycle management framework by working in partnership with product managers, credit systems team, credit operations team and collection team

- Work in partnership with credit systems support team to implement key credit policy criteria in relevant credit acceptance & evaluation systems

- Escalate on timely basis significant risk issues to business management and manager for taking appropriate remedial actions

- Ensure issues/action plans arising from Risk & Control Self-Assessments, risk events, KRIs, regulatory inspections or other risk issues are properly followed up

Experience and Qualifications Required:

- Bachelor's/University degree or equivalent experience with minimum 7 years of experience in Risk Management and reporting

- Strong knowledge of Banking/Financial Services domain

- Very good understanding of business financial and risk performance drivers and the impacts of credit performance on business results.

- Sound knowledge of policies / lending frameworks followed for credit card product and its impact to MIS reporting

- Understanding of data modelling

- Excellent communication skills, both oral and written.

Location - Mumbai

Bachelor's/University degree or equivalent experience with minimum 7 years of experience in Risk Management and reporting

Sangeeta Das
Manager - Talent Acquisition
Rize@ People Konnect Pvt Ltd