Lead Policy | Business Loans

Role/Job Title: Lead Policy - Business Loans

Business: Risk

Function/ Department: Retail Risk

Place of work: Mumbai

Job Purpose:
The role holder has the responsibility to review performance of Business Loans portfolio and continuously monitor risk across the portfolio. The role holder is resposnisble to review the acquision and portfolio management policies and ensuring the growth of portfolio in right direction within the Risk appetite of the bank. The role includes interacting and coordinating with all the control functions and respective stakeholders of the Bank like Business Risk/ Product/ Audit/ Analytics / Operations/Technology for effective and efficient delivery and controls of project and process within specific timeliness.

Roles & Responsibilities:
Responsible for review and approval of product programs and credit policies for Business Loans

Review and monitoring of Application score cards / Risk models for the Business Loans Product

Monitor and deep dive into portfolio analysis of Business Loans and initiate necessary risk actions as and when required

Manage Risk related regulatory interactions with various committees and authorities

Assure adherence to the guidelines set by the bank

Manage regulatory, statutory and internal audits

Oversee various Board policies, their renewal and governance

Develop early warning risk signals mechanism to have early triggers in place for unexpected events

Keep a track on macro-economic developments and incorporate the same in business strategies

Provide guidance to business teams to align business processes with overall bank strategies

Capture and share best- practice knowledge amongst the team

Secondary Responsibilities:
Recommend improvements to processes and policies to drive operational efficiencies and high quality customer service

Leverage in-house synergies through collaboration with internal stakeholders

Keep abreast with global market trends and competitor strategies in key markets

Key Success Metrics:
Portfolio Quality, Delinquency and Loss management, Increased Profitability, stakeholder management, adherence to regulatory guidelines

Qualification:
MBA/CA/PGDM/Masters degree