- Leading Rural Risk team for review and monitoring of Core Rural Products encompassing below activities
- Setting up of regular monitoring process for key portfolio indicators viz, Nonstarters, Early delinquency, Gross delinquency, lagged delinquency, Vintage, Flow rates, Collaterals, PDD’s, Bureau scrubs, End use monitor.
- Current Product development and modifications to existing product norms as per business requirements.
- Development of system controls to ensure policy and process adherence. Automation to the possible extent.
- Competition benchmarking through Networking, Bureau analysis, Industry reports.
- Ensure adherence to regulatory guidelines for PSL funding.
- Support customer retention strategy by leveraging analytical tools for Cross selling.
- Support product profitability through rationalization of Process, Automation of credit decisions, Risk based lending rates, adherence to NCL targets
- 'Monitor and ensure adherence of the business arrangements like credit costs, regulatory requirements etc
- Portfolio monitoring (including Risk Analytics)
- Tracking portfolio behaviour & forecasting trends.
- Using risk management tools to analyze the portfolio.
- Ensure adherence to triggers / controls as specified.
- Monitor and report the portfolio under management to senior management – MD/ CFO/ Board/ Various committees/ Risk Reviews.
- Monitoring portfolios mix and recommending changes in the portfolio focus.
- Policy/ Product & scheme development
- Development of policies & amendments according to the changing business environment & business goals.
- Scheme formulation at regular intervals based on portfolio behaviour, industry trends & market dynamics.
- Ensure that the objective of maximizing business while optimizing risk is always achieved.
- Benchmarking best practices in the industry and incorporating the same in business through constant innovations.
- Visit markets to understand the local practices and possible challenges and incorporate that learning’s in the product/ process improvements.
- Introduce innovative and niche products to suit organizations risk appetite and help grow the book with good book quality.
- Coordinate with Business Intelligence team to bring out the best use of data to facilitate business, like – scorecards, micro segmentation, loss projections, early warning indicators etc.
Education Qualification:
Graduation: Bachelor of Science (B.Sc) / Bachelor of Technology (B.Tech) / Bachelor of Computer Applications (BCA) / Bachelor of Commerce(B.Com) / Bachelor of Business Administration(BBA)