Head Risk Policy

The Head Risk Policy will be responsible for development and implementation of optimum risk framework, policies and processes in Retail Lending (Secured & Unsecured Loans). The role is a that of a key member of management and responsible for evaluating and recommending the degree of acceptable risk and reward levels for the products and to set policies, processes, underwriting, portfolio management criteria and methods including the use of statistical models and techniques where appropriate. The role is also responsible for analyzing financial results from the products in particular relating to the major items of risk and reward (revenue, collections, provisions and write offs) and reports on the effectiveness of all major programs for changes where required.

KPI's :

• To develop and implement risk management framework
• To develop, implement various policies and processes to ensure optimum risk management within the organizations risk appetite framework and compliance to regulatory guidelines
• To drive development, acquisition and implementation of systems that improve, enhance and monitor new lending applications
• Audits and Monitoring Support the audit teams and monitor and implement their observations
• To develop portfolio monitoring for effective risk monitoring
• To ensure effective early warning signals to management and develop risk recovery policies for defaulted loans
• Team Development