Job Purpose:
Manage and strategize on end-to-end credit underwriting and monitoring of portfolio of MSME loans through digital journey.
Principal Accountabilities:
Underwriting Policies
§ Working on solutions for credit underwriting basis different product constructs
§ Closely work with Data Science team to analyse of the underwriting models prepared by them and validate the performance of the same on current portfolio
§ Determining performance benchmarks and identifying right course of action in case of breach
§ Automation of Credit Policies to ensure no/minimal manual Intervention in assessing the creditworthiness
§ Determining the right pricing basis segmentation
§ Working on standardization and modification of policies and processes.
Performance monitoring
§ Portfolio Analysis and recommending policy changes to Policy head basis the outcome of the analysis
§ Periodical credit review of the existing portfolio and conduct various analysis to identify the high-risk segments.
§ Taking actions to mitigate the risks identified based on portfolio performance
§ Monitor the delinquent accounts to ensure the achievement of company standards/benchmark of the delinquency.
§ Identifying technological solutions to improve existing processes and overall portfolio management functions
§ Analysis of various MIS to monitor portfolio performance and risk.
New Partner Integration
§ Understanding the journey, identifying the set of information available with the channel partner and requisitioning the set of data to be provided at time of application
§ Understanding the product being offered by the new channel partner and the segment being catered to.
§ Creation of policy basis the product, information available and prevailing models
§ Facilitate data room exercise for new segment of customers
§ Formulation of policy keeping the expected loss rates in consideration
§ Monitor the implementation of policy, UAT and production test run of policy and clear the bottlenecks, if any
Loss Management
§ Monitor portfolio on a daily/weekly basis for any increase in risk (loss rates)
§ Forecast loss for portfolios
Stakeholder Management
§ Interacting with cross functional teams and driving the credit policy agenda and ensuring correct implementation of credit policy guidelines in origination system and decisioning platforms
- Lead discussions with external stakeholders/ channel partners during engagement calls
a) Qualifications
§ Minimum Qualification: CA / Postgraduate in Finance/Statistics/Management from Tier 1 institutes
Skills: R/Python, SQL, Advanced Excel
b) Work Experience
5 - 10 years with 3 – 5 years in Credit & risk management or more (digital unsecured lending)
