VP - Retail Risk - Bank

Position: VP-Retail Risk

- To lead the Digital Retail Risk Portfolio of the Bank

- To ensure development, implementation, and maintenance of credit risk scorecards and related policies for credit risk management decisions,

- Proactive Portfolio Analytics to ensure a pro-active approach to monitoring and underwriting

Key Result Areas:

- Creating the risk and underwriting policies, infrastructure, development and deployment of underwriting models, risk decision strategies and fraud detection

- Being involved in the full life cycle and straddle credit-and non-credit functions (initially)

- Working closely with the senior management team and lending partners in managing Risk/Return of the portfolio, defaults and collections

- Responsible for the development, implementation and maintenance of credit scoring models/assessment tools, strategies and capital estimate modelling of PD, LGD and EAD that apply to retail portfolios across life cycle

- Monitor, Document and communicate the functionality of credit risk methods & models to various stakeholders

Provide recommendations to update the model based on latest data and analysis

- Prepare / support on regulatory reports relating to retail credit portfolio in line with internal & external

regulatory requirement

- Assist in implementation of IFRS 9, development of Basel models for the entire retail portfolio

- Deploy the models on rating system and work with IT for effective maintenance of the scoring related information

- Identify analytical opportunity across credit life cycle Acquisition, Portfolio Management and Collection

- Required to develop data-driven analytics to monitor the asset quality and minimize the credit risk of

retail portfolio

- Ensure timely communication of scorecard monitoring and validation along with insights and

recommendation

Key Skill:

- Strong analytical and problem-solving skills

- Have understanding of credit scorecard concepts and best practices in risk modelling

- Have strong prior end-to-end experience with respect to scorecard development, implementation, refinement and validation within a retail credit environment

- Stakeholder management skills

- Capacity to communicate at all levels

- Possess strong verbal and written communication skills

Knowledge, Skills and Experience:

- Need experience in Credit Card & Personal Loan Verticle.

- Minimum 7 to 18 years hands on experience in model building methodologies, implementation and

compliance.

- Experience in Digital Loan Products

- Experience in Consumer Finance Loans

- Expert knowledge of credit scoring techniques

- Strong analytical, numerical, research and problem-solving skills

The following will be a plus:

- Degree in Quantitative / Statistics / Actuarial Science / Mathematics (Finance exposure would be a plus);

- Have practical IT experience of SAS, Oracle, Microsoft and web-based systems

- Proficient in MS Office, Experience in SQL

- Experience in working with big data

- Ability to present technical concepts for business understanding

- Please revert me with your confirmation and updated CV.