Unit Manager - Risk/Senior Unit Manager - Risk

5 - 6 years

11 - 16 Lacs

Posted:8 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


 Unit Manager - Risk / Senior Unit Manager - Risk 
 Job Purpose 
Risk Management is core to Bajaj Finance. Most decisions in Risk Management are policy based, data driven, and analytical. This position involves managing monthly updates of product policies for BFL business and ensuring maintenance of the policy database on the product program portal. Engage with risk SPOCs and relevant stakeholders to ensure policy document updates and SMT sign-off are completed within timelines. The role also involves cross-functional work in areas such as data reconciliation and financial analysis. Collaborate with the IT team to continuously upgrade the product program portal to improve user experience, and assist in horizontal risk projects.  Duties and Responsibilities 
  • Track and ensure policy documents for all BFL businesses are updated monthly.
  • Ensure the updated policy document is uploaded on the product program portal and sign-off is obtained from all stakeholders across departments, including but not limited to Business, IT, Credit Operations, Underwriting, Collections, Finance, Legal & Compliance.
  • Undertake additional activities such as data reconciliation and business planning.
  • Publish monthly reports and dashboards to SMT.
  • Act as a central contact between risk and IT teams for resolution of issues faced in the usage of the product program portal.
  • Engage with IT team for implementation of new functionalities to improve user experience for the product program portal.
  • Conduct discussions, raise user stories, perform UAT, and deliver implementation of new functionalities within TAT in coordination with IT team.
  • Prepare presentations for SMT reviews.
  • Coordinate within internal/external teams to close all actionable items.
  • Participate in any other risk activity as warranted.

  •  Major Challenges 
  • Ensuring sign-offs from stakeholders
  • Liaising with IT and other teams for implementing functionalities

  •  Decisions 
  • Updates on Product Program Portal
  • Ideation to make the portal interactive and user-friendly

  •  Interactions   Internal Clients: 
  • Portfolio Risk Managers
  • Information Technology (IT)
  • Portfolio Business Heads
  • Chief Risk Officer
  • Risk Analytics Head
  •  External Clients: 
  • Not Applicable

  •  Dimensions   Financial Dimensions: 
  • Not Applicable
  •  Other Dimensions: 
  • Individual contributor

  •  Required Qualifications and Experience 
     Skills and Knowledge 
  •  Educational Qualifications:  CA/MBA (Finance) / Postgraduate with 1-5 years in Finance/Regulation/Compliance
  •  Work Experience: 
  • Experience in risk assessment/operations function of a lending business
  • Deep understanding of data, loss calculation, business planning, etc.
  • 4-5 years of overall experience
  • Experience in handling inter-department projects
  • Excellent communication and interpersonal skills
  • Experience in data analysis and report drafting
  • Excellent Excel & PowerPoint proficiency, MS Office
  • Positive attitude and team player
  • Experience in establishing and maintaining relationships with business units/managers for managing day-to-day business
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    Bajaj Finance logo
    Bajaj Finance

    Financial Services

    Pune

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