1. Responsible for overall performance of the LAP portfolio, balancing growth with risk discipline
2. Bouncing and delinquency management and ensuring Credit Cost for the product remain within budgeted numbers and are best in the industry
3. Portfolio Monitoring & Asset Quality Management, including collateral quality and risk concentrations
4. Preparation of Risk Decks and presenting the same to Senior Management
5. Identifying business opportunities for risk-calibrated growth using historical portfolio trends and off-us data
6. Formalizing sectoral risk appetite, understanding segment behavior and monitoring portfolio + new business inflow against the same
7. Ensuring cross-functional collaboration across functions to build a solid and predictable book, including closely working with Sales, Credit, Legal, Technical, Collections, Litigation teams
8. Carrying product and policy knowledge and being updated on industry level developments in the product, competition benchmarking and bringing that intelligence into our policies and processes
9.
Monitoring credit processes for ensuring strong verification processes & eligibility assessment methods
10. Providing policy support to ensuring end-to-end automated/digital lending processes in the LOB
11. Evaluating various partnerships, direct assignment and securitization transactions, including providing policy & risk related inputs and undertaking risk assessments as well as monitoring such portfolios
12. Post disbursal monitoring including security documents, PDDs, ROC charge, CERSAI
13. Ensuring compliance to regulatory guidelines and monitoring the same
14. Hindsighting LAP loans, from credit/legal/collateral point of view to ensure compliance to laid down policies and processes
15. Periodic revaluation of collaterals to assess security covers
16. Managing the end-to-end Asset Held for Sale (AHS) process including security, maintenance, auction etc.
17. Lead internal and external audits
Anticipate impact on business when driving decisions to balance risk/reward without compromising portfolio quality levels.