Job Title: Product Risk Manager

Location: Mumbai

Key Responsibilities

- Formulate and execute riskbased underwriting strategies that balance customer acquisition with robust risk management.
- Lead risk segmentation efforts by categorizing loan applicants based on credit scores, ficial behaviors, and other key risk indicators to optimize decisionmaking.
- Develop and refine risk models to improve underwriting decisions and ensure a robust, highquality loan portfolio.
- Collaborate closely with Data Science, Product, Business, and Operations teams to ensure risk strategies are aligned with broader business goals and objectives.
- Ensure the smooth execution of lending initiatives by integrating risk management processes and protocols throughout operations.
- Evaluate channel partners based on their business models, product offerings, operational processes, and overall creditworthiness, ensuring strategic alignment with organizational risk policies
- Assess and mitigate operational and process risks in collaboration with channel partners, focusing on minimizing external risks to the organization.
- Analyze and understand MLAP/STSL , including key elements such as fraud mitigation, KYC processes, credit checks, and customer onboarding, ensuring all practices adhere to regulatory standards and mitigate risk.

Expectations

- Clearly articulate complex risk strategies to both technical and nontechnical audiences, including senior management,



clients, and channel partners.
- Exceptional presentation skills, capable of representing the organization in discussions with external partners, clients, and stakeholders.
- Demonstrated ability to lead and collaborate with crossfunctional teams across data science, product, operations, and business units.
- Strong interpersonal skills to build and maintain effective relationships with internal and external stakeholders.
- Ability to conduct detailed data analysis and risk assessments, interpreting metrics to drive strategic risk management decisions.
- Innovative problemsolving approach to address complex underwriting and risk management challenges.

Qualifications

- Bachelors degree in Fice, Business, Economics, or a related field (MBA or advanced degree preferred).
- 58 years of experience in risk management, underwriting, or portfolio management in the ficial services industry.
- Strong understanding of MLAP/STSL policy and the associated risk management practices, including fraud detection, credit checks, and process automation.
- Proficiency in risk assessment tools, data analytics, and customer segmentation models.
- Experience in credit risk underwriting, especially for retail or personal loans, is preferred.
- Proficiency in data tools (R, Python, SQL) and a deep understanding of risk models and scorecards.

📌 Product Risk Manager (Secured) (Mumbai)
🏢 Aditya Birla Insulators
📍 Mumbai