Job Purpose
“This position is open with Bajaj Finance ltd.”
Risk Management is core to Bajaj Finance. In Secured business decision in risk management are data driven and analytical on both customers and collaterals. In order to get faster decision and assess risk of customers and property during loan acquisition and portfolio management, Regular monitoring, Analysis & Statistical models are required to be used on regular frequency. Based on the learnings from analysis, monitoring & statistical models, scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline, acceptable collateral, Legal Staircase, line assignment, Policy Norms and collections are taken.Duties and Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
? Portfolio Risk management for BL Secured through Acquisition Policies.
? Track and Work towards improvement of key performance indicators
? Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking




? Audit of monthly acquisition to check adherence of policy parameters
? Monitor, maintain and improve all policies and processes for BL Secured portfolio and ensure its effectiveness
? Continuous monitoring & improvement in collateral assessment & validation process & policies
? Continuously monitor and assess state level collateral nuances, norms and key challenges and provide timely resolution to field teams
? Track key TTD performance indicators, losses and portfolio quality & provide deep dive analysis on portfolio metric.
? Work closely with business team to understand their need and provide process & policy solution.
? Identify early warning signals using data analysis and segmentations and take pro-active policy actions as and when required
? Work closely with Product, Sales and Credit teams to support business growth and drive current initiatives
? Ongoing liaising with IT, Credit and BIU teams to ensure all policie

📌 Unit Manager (Pune)
🏢 Bajaj Finance
📍 Pune