About the Role
The Policy Manager – Rural Lending is responsible for overseeing the risk performance and policy framework of the Rural portfolio. This includes reviewing acquisition and portfolio management policies, monitoring risk trends, and ensuring portfolio growth aligns with the Bank’s risk appetite. The role involves close coordination with control functions and stakeholders such as Business Risk, Product, Audit, Analytics, Operations, and Technology to ensure timely and effective delivery of projects and processes.
Key Responsibilities
Primary Responsibilities
Review and approve product programs and credit policies for Rural Loan products.
Monitor and evaluate application scorecards and risk models specific to the Rural Loan products.
Conduct deep-dive portfolio analysis and initiate risk mitigation actions when necessary.
Manage regulatory interactions and represent the risk function in relevant committees and forums.
Ensure adherence to internal guidelines and regulatory standards.
Oversee statutory and internal audits related to Rural products.
Govern board-level policies,



including their renewal and compliance.
Develop early warning mechanisms to detect and respond to emerging risks.
Track macroeconomic developments and integrate insights into business strategies.
Provide strategic guidance to business teams to align processes with the Bank’s overall risk and growth objectives.
Share best practices and insights across the team to foster continuous improvement.
Secondary Responsibilities
Recommend enhancements to processes and policies to improve operational efficiency and customer service quality.
Collaborate with internal stakeholders to leverage synergies across functions.
Stay updated on global market trends and competitor strategies in key segments.
What We Are Looking For
Education
Graduation: Any discipline.
Post-graduation: MBA or equivalent qualification in Rural Management, Finance, Risk, or related fields.
Experience
5-7 years of relevant expe

📌 Policy Manager – Rural Lending (Mumbai)
🏢 IDFC FIRST Bank
📍 Mumbai