Defining and implementing Policies and process flows for new product initiatives
Drafting of credit and risk policies for mortgage loans (Loan against property) , unsecured business loans and personal loans
Review of credit policy and changes thereto from time to time to meet business / regulatory/ market changes within the overall risk appetite of the organization
Circulation of advisories and issuing the circulars related to
Policy desk. Maintaining the repository of the policies.
Guiding front end team on the policy changes/ clarifications and conducting trainings for effective implementation
Coordinating with IT team for Implementation of policies in the LOS/ rule engines including System integrations/ enhancements on need basis
Travelling to locations whenever required for trainings and on-field market assessments.
Interaction with various central teams (Product / Legal / PMO / Compliance / I.T. / COPS/ Risk Analytics etc.) on Policy changes and implementation
Managing internal & external audit queries wrt Policy and closure of audit requirement within defined timelines
Implementation of policy actions based on the learning’s from portfolio management.
Must Have :
- Experience in LAP loans in small ticket size of upto 3 Crores. . Knowledge of lending framework in the NBFC spectrum and more specific of the LAP and SME business
Good knowledge of writing policies. Prior experience in policy with Positive presentation skills and excel knowledge
Sound knowledge of regulatory framework and current