Unit Manager - Risk/Senior Unit Manager - Risk

Job Summary

This position is open with Bajaj Finance ltd. Risk Management is core to Bajaj Finance. In Secured business decision in risk management are data driven and analytical on both customers and collaterals. In order to get faster decision and assess risk of customers and property during loan acquisition and portfolio management, Regular monitoring, Analysis Statistical models are required to be used on regular frequency. Based on the learnings from analysis, monitoring statistical models, scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline, acceptable collateral, Legal Staircase, line assignment, Policy Norms and collections are taken.

Responsibilities

Portfolio Risk management for BL Secured through Acquisition Policies.

Track and Work towards improvement of key performance indicators

Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking

Audit of monthly acquisition to check adherence of policy parameters

Monitor, maintain and improve all policies and processes for BL Secured portfolio and ensure its effectiveness

Continuous monitoring improvement in collateral assessment validation process policies

Continuously monitor and assess state level collateral nuances, norms and key challenges and provide timely resolution to field teams

Track key TTD performance indicators, losses and portfolio quality provide deep dive analysis on portfolio metric.

Work closely with business team to understand their need and provide process policy solution.

Identify early warning signals using data analysis and segmentations and take pro-active policy actions as and when required

Work closely with Product, Sales and Credit teams to support business growth and drive new initiatives

Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are build and implemented suitably

Major Challenges

Hind sighting on Approvals Disbursal on daily basis

Liaising with IT, COE and other teams to get Programs/Changes in exiting programs implemented in the systems

Understanding the SFDC workflow, EDW data structure monitoring through Power BI

Decisions

Identify emerging Risk based on Power BI dashboards/Hind sighting TTD

Ensure both Acquisition and collateral policy understanding policy adherance at Field level

Automation of Hind sighting and Control Charts in Power BI

Interactions

Internal Clients

Roles you need to interact with inside the organization to enable success in your day to day work

Information Technology (IT), Portfolio Business heads, Chief Risk Officer, COE Team, Product, Sales, Credit Operations team

External Clients

Roles you need to interact with outside the organization to enable success in your day to day work

Legal Technical Vendors

Dimensions

Financial Dimensions

These should be quantifiable numerical amounts

AOP Risk Metrices

Business AOP numbers

Other Dimensions

Individual contributor

Required Qualifications and Experience

Skills and Knowledge

Educational Qualifications

MBA / Graduate/ Postgraduate with 5-6 years in SME Risk/SME Underwriting/SME Sales/SME Collateral

Work Experience

3 years of relevant experience in SME Mortgage Risk /Collateral Management / Mortgage Underwriting

Other Skills

Should have basic knowledge of property type property documentation

Should have basic knowledge of understanding SME Financials Banking

Should have good command in Excel, Word, Power Point

Individual contributor with the capability to deliver projects within timeline

Experience in handling large data base and the ability to do root cause analysis.

Effective verbal and written communication skills