Risk Lead

The Risk Lead in the Retail Business Risk department is responsible for creating policies for multiple products and monitoring the sourced portfolio. You will evaluate product programs and policies in accordance with regulatory guidelines, implementing strong controls to mitigate risks across various areas such as onboarding, credit, operations, fraud, and reputation. Monitoring portfolio delinquencies at a detailed level is crucial, requiring identification of delinquent segments, locations, and profiles. Adherence to bank guidelines is a key aspect of the role. Furthermore, you will play a vital role in implementing technological interventions like scorecards, digital journeys, and automation to enhance process efficiency. Shaping the risk appetite of the product aligns with growth objectives and the Risk Appetite framework of the bank, including risk-based pricing. Utilizing analytics to track portfolio performance trends is essential, along with serving as a policy expert and conducting training sessions as needed. In addition, you will prepare a monthly newsletter providing a snapshot of portfolio performance, monthly acquisition trends, portfolio quality, and trigger monitoring. Sharing best-practice knowledge within the team, recommending process and policy improvements, and collaborating with internal stakeholders to leverage synergies are key responsibilities. Staying updated on global market trends and competitor strategies is crucial. Monitoring productivity, hiring quality, and costs through relevant scorecards is part of the role, along with building, grooming, and retaining a talented team to drive process efficiencies. Attracting and retaining top-class talent for key roles within the reporting structure is also a focus area. The ideal candidate for this role should have a graduation and post-graduation degree in any field, along with 7-12 years of experience in a relevant industry.,