Lead - Risk

Location Name: Pune Corporate Office - Fountainhead

Job Purpose

To act as the independent risk control function for the product & execute all activities to provide assurance to SMT & above on credit risk & associated compliance/regulatory norms adherence through the below:

Independent oversight and challenge the Credit Organization on credit quality, outlier segment identification, TTD Mix monitoring etc. Co-Own Credit Models & Scorecards being used in the product Own Risk data management, Risk MIS and Reporting of Credit Risk metrics to SMT Oversight of adherence to Board Policies, PPGs & SOPs Drive execution of compliance/ regulatory related interventions through concerned stakeholders. Lead Automation & AI Projects creating capabilities for effective credit risk management

Duties And Responsibilities

Risk Policy : Review risk policies, the risk appetite framework and concentration/exposure limits across products and PAN-India locations. Identify gaps in existing policies using past cases, loss trends and location-specific learnings. Portfolio Risk Monitoring: Monitor portfolio quality, vintage performance and emerging risk by customer, bureau band, employer, geography, channel, product and policy cohort. Track performance against the approved Risk Appetite and AOP loss budgets. Early Warning & Emerging Risk: Build and monitor Early Warning Signal (EWS) indicators to identify risk before it appears in 30+/90+ DPD. Conduct deep dives on abnormal portfolio movements and recommend risk mitigants to the CRO and the first line. Independent Assurance: Test adherence to approved credit policy and underwriting processes. Conduct sample-based underwriting assurance, identify policy leakage, control gaps and recurring exceptions, and independently validate remediation. Policy Effectiveness & Swap Sets: Assess whether current policies deliver expected outcomes. Compare policy versus actual performance, analyse deviation populations against standard policy populations, and recommend policy review where evidence indicates deterioration. Model & Score Governance: Oversee application and behaviour scorecard performance, validate risk scoring models, and support ECL/provisioning frameworks under Ind-AS. Governance and Regulatory: Monitor compliance with SOP/PPG/RBI circulars, escalate breaches, track remediation and prepare independent risk views for Risk Committees. Team Development: Participate in hiring, set individual performance expectations, review performance regularly and build functional capability within the risk team.

Key Decisions / Dimensions

Risk appetite thresholds, EWS triggers and portfolio cut-offs, in consultation with the reporting manager. Escalation of policy breaches and control gaps. Design frameworks to adhere to any compliance/regulatory changes.|~ 100 Cr. Of loan loss budget for the products

Major Challenges

Time taken by various stakeholders to adapt/ implement obligations/ actionable resulting in delay in finalization of checklist and further processing External, seasonal and market factors continuously move risk parameters, so monitoring has to be continuous. Wide spread of locations, products and market dynamics to be covered with a lean team.

Required Qualifications And Experience

Graduate / Post-graduate. Professional qualification such as CA / MBA / Masters in Financial or Risk Management, or equivalent practical experience.

Work Experience (Required)

Around 8–10 years of experience in Risk, Credit or Analytics within financial services, with a strong risk/underwriting core. Experience in risk policy formulation and portfolio monitoring across multiple products. Experience of team management and senior stakeholder management.

Preferred Qualifications

Exposure to scorecards and RBI regulatory reporting. Experience with SQL/analytics tools, decision engines and automation of risk MIS.