Overview
Key Responsibilities:
Risk Framework & Governance:
– Define and maintain the risk appetite framework for unsecured business lending.
– Establish governance structures, escalation protocols, and committee processes for risk oversight.
– Ensure full compliance with RBI, regulatory, and internal audit requirements.
Regularly review and update policies in line with changing business, regulatory, and market conditions.
Policy Management:
– Develop and implement lending policies, risk acceptance criteria, and operating procedures.
– Standardize policy documentation across origination, servicing, collections, and recovery.
– Drive consistency in risk assessment and decision-making across geographies and channels.
Risk Monitoring & Controls:
– Oversee portfolio monitoring frameworks, early warning indicators, and stress testing.
– Ensure risk dashboards, KRIs, and governance reports are timely and accurate.
– Identify policy breaches or exceptions and ensure remediation through proper controls.
Stakeholder & Cross-functional Alignment:
– Partner with product, operations, and technology teams to embed risk and compliance checks into business processes.
– Represent risk and policy perspectives in management committees and board discussions.
– Liaise with regulators, auditors, and external stakeholders on risk and policy matters.
Leadership:
– Lead a specialist team of policy, governance, and risk professionals.
– Build organizational capability in risk governance and policy frameworks.