Senior Risk Manager - Bank

Risk Manager

Job Title: Senior Manager

Experience: 6-8 years of experience in relevant roles, preferably in unsecured lending, policy formulation, and risk management.

Preferred Background: Experience in banks such as IndusInd Bank, Federal Bank, South Indian Bank, etc.

Company: Domestic Large Bank

Location: Bangalore

Experience: 6-8 Years

Job Summary:

Our banking client is seeking a seasoned Risk Manager with strong experience in unsecured lending, including personal loans and credit cards. The ideal candidate will have significant exposure to policy aspects such as Days Past Due (DPD), Non-Performing Assets (NPA), and various metrics to assess root causes and provide insights to the management. This is a functional role requiring robust experience in data analysis, portfolio management, risk assessment, and policy formulation. Candidates from reputable banks are preferred.

Key Responsibilities:

Regulatory Compliance:

- Ensure the organization adheres to all regulatory requirements and guidelines.

Credit Scoring Models:

- Review and update credit scoring models to ensure their effectiveness and accuracy.

Fraud Monitoring:

- Monitor and identify potential fraud patterns and implement appropriate controls to mitigate risks.

Credit Decision Rules:

- Review and optimize credit decision rules and strategies to maintain a healthy loan portfolio.

Credit Loss Ratio:

- Ensure the credit loss ratio is kept to a minimum by implementing effective risk management strategies.

Fraud Detection Rates:

- Minimize fraud detection rates through proactive risk management and control measures.

Risk Policy Adherence:

- Ensure strict adherence to risk policies across the organization.

Early Warning Signals (EWS):

- Establish and monitor early warning signals to minimize potential risks and proactively address emerging issues.

Qualifications:

Education: BE/B.Tech/PG

Skills:

- Strong analytical skills with expertise in data analysis and portfolio management.

- In-depth knowledge of risk assessment and policy formulation.

- Ability to provide strategic insights and recommendations to management.

Key Metrics:

- Maintain minimum credit loss ratio.

- Minimize fraud detection rates.

- Ensure adherence to risk policies.

- Effectively establish and monitor early warning signals to address potential risks.