Vice President - Asset Strategy & Risk Optimization - Bank

VP - Asset Strategy & Risk Optimization - Global Bank - Women only

Job Purpose :

- A robust asset strategy is dependent on the risk appetite we as a business have. Building a large asset book requires a balanced view of various risk policies, the segments we should go after, the products we should promote and the pricing we should charge so that a healthy ROTA and ROE is delivered. This role acts as a bridge between the business managers and the risk management / collections team to ensure that we have a robust asset strategy and that our business optimizes risks to deliver consistent results.

Key Accountabilities :

- Create a robust asset strategy in line with the firms risk appetite and balance sheet growth ambition - who to lend, how much to lend, which channels to develop, which products to promote, share of each product in the balance sheet growth etc.

- Strategy and Planning of the asset business by work closely with the business managers to ensure a timely creation of the annual budgets and close tracking of the same through periodic business reviews.

- Liaise with the credit risk and collections team to ensure that the risk policies are optimized for the growth ambitions and the risk adjusted returns are in line with the strategy

- Work closely with Risk team Credit, Fraud and Operations to have best in class TAT's and credit risk monitoring processes.

- Continuously test various segments and policies including pricing, risk acceptance criteria to be able to create an optimal return on asset in line with the expected ROE.

- Do a market benchmarking, for various asset products so as to find the right opportunities and recommend the launch of differentiated product variants that help in meeting the annual budgets for balance sheet growth and profitability.

- Create a robust Business intelligence, MIS and reporting structure that allows for a close monitoring of the asset business and helps in taking both tactical and strategic decisions.

- Liaise with various partners like L&C, Audit, Technology, Operations, Finance & Marketing as required for the smooth functioning of the asset business.

Required Experience :

- Overall 11-15 years of Product Strategy , Credit Policy, Asset Business experience covering secured and unsecured products.

- Proven track record in successfully implementing large projects in retail lending requiring coordination with multiple parties.

- Sound Understanding of Secured and Unsecured Lending market and products, market dynamics, key players, and competition.

Core Competencies :

- Ability to form and articulate business strategy to senior stakeholders

- Good understanding and command over business / product analytics

- Ability to get insights from disparate data points and connect the dots to be able to recommend tactical changes to strategy execution

- Excellent listening skills and analytical skills

- Ability to work with diverse teams like IT, Legal, Finance, Operations etc

- Self-drive and aspirations higher than the organizational aspirations.

- Strong ability to influence teams

- Self-starter, Results-orientated & the ability to produce results under pressure

- Relationship building & management skills

- Creative with lateral thinking abilities.

- Comfortable with tight deadlines