Senior Policy Manager

Job Description

Job Requirements Role/ Job Title: Senior Policy Manager (LAP & Business Loans) Function/ Department: Retail Banking Job Purpose The role holder has the responsibility of managing, assessing, and monitoring the policy norms., It entails the responsibility of defining the risk appetite and broad level policies for the assigned products, facilitating technological requirements, and ensuring adherence to the statutory guidelines contributing to the larger objectives of the bank. Roles & Responsibilities Vetting policy proposition and approving policy modifications based on merits and associated credit risk. Continually recommend policy enhancements by tracking market trends, regulatory changes, and portfolio performance analytics. Ensure vigilant compliance to all regulatory and statutory guidelines issued by RBI and other Statutory bodies. To keep a track on changes pertaining to property related law and regulations across regions and communicate to relevant stakeholders with impact analysis. Lead portfolio-level risk assessments to identify current and emerging areas of risk concentration. Employ data-driven analyses of lending channels, products, geographies, and customer segments to provide strategic insights on growth opportunities and risk mitigation tactics. Regular monitoring of the portfolio performance on early risk indicators/ TTD trends / Segment Mix for assessment of impact of the policy changes and to identify risks/ opportunities and recommend relevant actions. Foresee portfolio direction, loss estimates and how to control the same. Lead automation projects for various portfolio insights dashboards. Setting ups of risk thresholds for the assigned products within the overall risk appetite of the bank, in coordination with business teams based on yearly projections and budgets. Ensure program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance. Understanding of credit scoring models and work with stakeholders to strategize model deployment. Lead periodic audits and process reviews to identify gaps, implement corrective measures, and prevent non-compliance. Educational Qualifications Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS) Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA) Experience: 5-10 years of Banking / NBFC experience in credit / policy / risk domain for Retail LAP/Business Loans. Show more Show less