Vice President - Asset Quality Monitoring

Role Purpose

Manage the Key Asset Quality & Product Risk metrics for the Organization.

Role Accountability

1. Monitor Key Risk indicators and early warning triggers on Asset Quality and ensure ongoing portfolio monitoring to identify and flag-off any areas of concern on a timely basis, for corrective action.
2. Review and monitor the performance and early delinquencies of the Portfolio at various cuts and recommend corrective Actions in consultation with Credit & Collections team.
3. Review and monitor the performance of various SBI Card Products and flag-off any areas of concern on a timely basis, for corrective action.
4. Ensure effective implementation of the New Product Introduction (NPI) Policy, with timely assessment of New Product Introduction proposals by the business team & put them up for NPI Committee's review.
5. Ensure periodic reviews of the existing products. Ensure the product performance from a Risk Metric performance standpoint is put up to management.
6. Ensure effective implementation of the Digital Payment Products and Services Policy in compliance to the Regulatory guidelines.
7. Develop the Credit Risk policy encompassing Policy parameters and broad guidelines in line with overall Risk Appetite for Retail Pre-Acquisition, Corporate as well as Portfolio Management.
8. Prepare Quarterly Investor reports & FAQs on Asset Quality for sharing during the investor / shareholder meetings. Represent the SBI Card Risk team in the regulator Investor meets in SBI Card office or virtually.
9. Prepare the Quarterly & other regular updates on Asset Quality & Enterprise Risk for the Board & its Committees (RMCB & ACB). Participate in the monthly RMCB update on Asset Quality.
10. Prepare the Plan / MoU for Credit cost for SBI Card, building in various parameters of Asset Quality from Acquisition & Collections standpoint as well as Macro-economic factors.
11. Work with Credit Bureaus to benchmark SBI Card portfolio with Industry and identify segments of opportunity and risk.
12. Organize the Portfolio Strategy Committee (PSC) reviews, giving an all-round view of the portfolio performance by various cuts & segments and recommend segments for appropriate action.
13. Review & recommend Credit & Collections Policies and conduct the gap assessment of board approved policies / processes viz. a viz. Regulatory requirements
14. Create benchmarks for segment level acquisitions and monitor monthly / weekly performance against these and flag off any deviations.
15. Identify accounts & coordinate for periodic NPA & Write-off Pool sale-off to asset reconstruction companies.

Measures of Success

1. Key portfolio Asset Quality metrics of GCC, GNPA should be within the MoU / Plan.
2. Early Delinquencies for segments should be within defined benchmarks.
3. Key Risk Metrics for SBI Card Products.
4. Credit and Collection policy updates in compliance with Regulation and approved in a timely manner.
5. Highlighting open credit risks to risk committees on a timely basis
6. Credit Risk KRIs should be updated and within thresholds are as per risk appetite

Technical Skills / Experience / Certifications

1. Experience in Underwriting, Credit Risk, Collections.
2. Good understanding of Key drivers of Asset Quality, Cards Portfolio & Collection Metrics.
3. Good data analysis skills, with ability to drive key insights & present the same effectively to come up with key actionable.
4. Strong Communication & Interpersonal Skills with the ability to effectively communicate across all levels of an organization and outside company boundaries.
5. Excellent team handling skills, team management and development

Competencies critical to the role

1. Experience in different aspect of Credit Risk Management covering lifecycle of Card - Acquisition, Portfolio and Collections
2. In-depth understanding of the Asset Quality drivers, Credit & Collections metrics, ECL & Provisioning.
3. Interpreting data for driving business intelligence.
4. Ability to apply Risk Management techniques for risk identification, assessment, measurement, and the monitoring of exposures that may threaten the organization and come up with recommendation for result-oriented solutions.