Job Description

Role/ Job Title: Risk Lead (rural unsecured loans) Function/ Department: Retail Business Risk Roles & Responsibilities: Evaluate Product programs/Policies in line with regulatory guidelines and build strong controls to mitigate risks across all spectrums (Onboarding, Credit, Operations, Fraud, Reputation etc.). Monitor portfolio delinquencies at a micro level, identification of segments, locations and profiles which are delinquent. Assure adherence to the guidelines set by the bank. Facilitate implementation of technological interventions like scorecards, digital journeys, and automation to streamline processes. Shape the risk appetite of the product in line with growth objectives and Risk Appetite framework of the bank alongside risk-based pricing. Use analytics for tracking portfolio performance trends. Serve as a policy expert and conduct training when needed. Prepare monthly newsletter - snapshot of Portfolio performance, monthly acquisition trend, quality of portfolio and trigger monitoring. Capture and share best- practice knowledge amongst the team. Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service. Leverage in-house synergies through collaboration with internal stakeholders. Keep abreast of 4global market trends and competitor strategies in key markets. Monitor key parameters on productivity, hiring quality and costs via maintaining relevant scorecards. Build, groom and retain top-class talent pool to enable high levels of process efficiencies. Attract and retain best-in-class talent for key roles in their reporting structure