Procure the completed loan application from their leads along with required documents.
Conduct a preliminary check of both the application and the documents.
Ensure that the documents provided are genuine.
Responsible for and has the authority to make all decisions on risk management issues that directly impact the strategic direction of the company.
Responsible for Using Business Intelligence Metrics and the highest standards of Credit Control for driving the risk management function.
Set up the Operational Risk Management Function
Oversee the Fraud Management function
Implement under-writing models
The Role :
The candidate shall be responsible for ensuring the overall quality of the lending portfolio by planning and directing all aspects of credit risk.
This position will identify credit risk; assess enterprise effectiveness in managing these risks through appropriate internal controls; and build awareness of the business implications of credit risk, and how to manage credit risk, as part of the leadership culture.
This role will be expected to fully understand the business and evaluate, improve, and monitor it, including assisting in reporting to the Board and Board Committees and providing leadership in the effectiveness of credit risk management controls, systems, and processes across the organization.
In addition, this role will ensure effective credit risk management and corporate governance practices are established and maintained.
Risk Management Responsibilities :
Provide senior management advice on credit risk issues in strategic decision making
Identify and resolve material credit risk issues
Develop continuous monitoring and improvement of the quality of the organization's credit and lending portfolio through credit policy direction and implementation
Establish and manage all departmental policies and procedures.
Design sustainable processes to mitigate credit risk by framing the breadth and depth of control testing, evaluating business operations, participating in the evaluation of new products and business opportunities, and providing aggregated and detailed reports on credit risk in line with risk appetite and limits
Review the largest direct loans and third-party loan program risks, making recommendations on structure, terms, pricing, and vendor/channel oversight required
Ensure risk and return objectives are clearly communicated to accountable business managers
Ensure supporting documentation is maintained in compliance with Pricing and Credit Risk Committee requirements
Oversee the Pricing and Credit Risk Committee
Participate on the Finance and Treasury Committee
Participate on the Executive Steering Committee
Oversee changes to the Credit Policy, risk appetite and risk limits
REQUIRED : PERSON SHOULD HAVE RICH EXPERIENCE AS DSA ACROSS DIVERSE DOMAINS IN THE RETAIL LENDING BUSINESS OR NBFC
Expected Start Date: 18/10/2021
Job Type: Full-time
Salary: ₹30,000.00 - ₹50,000.00 per month
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