Unit Manager - Risk/Senior Unit Manager ...

Job Description

Job Purpose "This position is open with Bajaj Finance ltd." Candidate will be responsible for managing approval / line assignment processes, IT / System enhancements, data analysis and reporting related tasks to support Portfolio Management for CD Business Duties and Responsibilities Actively engage in Portfolio management / Policy amendment and implementing agreed policies on SFDC, Finnone, Datamart, etc. thru underwriting and line assignment rules. Propose policy refinements as per business/market requirement. Identify opportunities and propose strategies to enhance business. Formulate, implement and monitor champion challengers to enable Business Teams Monitor, manage & refine IT platform (SFDC, Finnone) for better risk management. Execute reports on SFDC, Datamart, etc. to identify any issues related to incorrect system behavior (e.g. case approved by system which ideally should be rejected as per Policy) Periodic testing of System validation approval and line assignment rules Routine interaction with stakeholder (Business, Credit, RCU, Ops and IT), and tracking / closure of minuted items. Project Management for Risk projects (e.g. Risk Pool, Dealer EWS etc.), and representing Risk in Cross functional projects (e.g. POS Reinvent) Work with stakeholders to formulate, test and implement business and risk requirements Conduct Business UAT for new developments, provide signoff and closely monitor the development post production deployment. Support Data Analysis / Process management staff within NTB Risk Periodic reporting of MIS and Dashboards (Bounce, Projected risk metrics, etc.) Assist Sales Team to resolve cases which are stuck in 'New / Pending' stage. Need based market visits to understand location level trends / issues, propose changes basis visit observations MAJOR CHALLENGES : Dynamic portfolio with multiple variables influencing risk performance High velocity and multiple risk rule on approval and line assignment- Expertise required to manage complex workflows and understand interlinkages. Draw meaningful / actionable insights based on data analysis Ongoing liaising with IT and Business to ensure performance on key risk processes DECISIONS : Building framework to continuously assess and evaluate system capabilities to eliminate operational loss / incorrect system behavior Propose policy / process changes for betterment of risk performance INTERACTIONS: Internal Clients:Roles you need to interact with inside the organization to enable success in your day to day work :Business Team / Product Manager:For understanding Business requirements and publishing KPIs accordingly IT Team:For Support on system enhancements and resolution (in case of system issues) External Clients :Roles you need to interact with outside the organization to enable success in your day to day work :NA DIMENSIONS :Financial Dimensions (These should be quantifiable numerical amounts) Not Applicable Other Dimensions (Significant volume dimensions associated with the job) ‚ Total Team Size:Not Applicable ‚ Number of Direct Reports:Not Applicable ‚ Number of Indirect Reports:Not Applicable ‚ Number of Outsourced employees:Not Applicable ‚ Number of locations:Not Applicable ‚ Number of products:All SF Products Required Qualifications and Experience Qualifications Post graduate with understanding of risk parameters and portfolio management. Proficiency in data analysis- understanding and processing data to arrive at meaningful risk metrics and relevance to portfolio conditions Excellent Excel & Power Point proficiency Basic understanding of IT / System skills. Exposure to data management / analytics tools Eg. SAS, SQL, etc. will be preferred Should be willing to travel a)Work Experience 4 - 5 years of experience in lending business with specific experience in retail or consumer finance risk