Overview
Job Title – Lead Risk
Reporting to – CEO
Job Band – Upper Management
Education Qualification – Bachelor’s/Master’s Degree
Experience – 12+ Years
Job Responsibilities :
– Preparing credit and risk policy framework
– Compliance with statutory norms of NHB for Home Finance Company Ltd
– Risk analytics
– Regulatory & Audit Compliance.
– Presentation of monthly risk updates to Risk Oversight Committee.
– Design the policies, procedures, and processes ensuring appropriate mitigation of the risks inherent in all processes and product offerings.
– Monitoring of Portfolio across the products at Macro and Micro levels and report it to the Top Management along with exceptions
– Establishing robust monitoring mechanism such as Early Warning Signals, Real time monitoring, Risk Containment unit, etc.
– Ensure timely and accurate reporting of information to the relevant stakeholders (which includes Top Management, Regulators, Rating Agencies)
– Identify known and emerging risks, measuring, monitoring and reporting on companies’ risk profile to the Executive Leadership Team
– Evaluate proposals of finance by Risk Analytics and key policy making.
– Establish a system for sourcing of transactions that fit into the credit lending philosophy of the company.
– Work along with Business teams to ensure proper formulation, fitments, structuring, pricing and execution of transactions based on specific client requirements, regulatory framework.
– Keeping abreast of all regulatory and economic developments taking place in the sector and establish a system to record the same and spread knowledge/information within the organization in a systematic manner.
– Also responsible for finalizing policies and setting up processes for quality underwriting.