Function: - Risk Policy unsecured retail Credit Card.

Location: - Head Office Mumbai

Job Role: - Vice President, Post Acquisition Risk policy - Credit Card.

Job Responsibilities

- Responsible for defining, creating and implementing credit card post issuance policy (Limit increase, Limit Decrease, PL on Credit card, Balance Transfer etc.) in line with business requirements & acceptable Risk appetite.
- Responsible for overseeing credit card transactions to detect and prevent potential fraudulent or high risk transactions on various MCCs.
- Creating and implementing rules within the FALCON system to help identify and stop such transactions by blocking of MID’s, Credit Card accounts or Credit limit reduction.
- Test and refine rules to ensure accuracy and effectiveness to prevent unnecessary authorization declines.
- Jointly own the growth initiative along with the business team, while working within the agreed risk threshold.
- Continuous Policy change basis model monitoring outcome and Hind sighting.
- Scan micro environment, market, competition trends and proactively assess emerging risks. Adjust policies and interventions to manage emerging and forward-looking risk.
- Monitoring various measures and triggers as per documented policy and track performance for identification of early warning risk indicators. Increase the base by an order of magnitude.
- Knowledge of statistics and experience using statistical packages for analysing datasets (Excel, Advance Excel, SAS,SAS Macros etc.)
- Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy




- Identify all areas of process automation and pushing relevant teams to get them implemented.
- Continuously audit the implementation part of the processes.
- Identify the areas of governance requirement, see whether relevant governance processes are in place and ensure implementation of same.

JOB REQUIREMENTS

Skills/Knowledge prerequisites

- At least 10 years of experience with 5 years of Credit Cards policy management.
- Solid understanding of unsecured lending products like Credit Card, Personal Loans and Line of credit
- Prior experience in managing risk activities in retail lending and portfolio is essential
- Should have knowledge of process and risk policy framing.
- Should have relevant working knowledge of banking systems, BRE and LOS systems.
- Should be able to manage conflicting opinions. Should be able to interact cross function and bring the buying of all stakeholders.
- Ability to engage with senior stakeholders at a level of Business head, CRO or similar.

Educational Qualifications

- Must hold a Master in Business Administration (MBA /PGDM/Equivalent) for a Tier 1 or 2 institute or must be a Chartered Accountant (CA).
- At least a Bachelor’s degree in mathematics/ statistics/ economics/Engineering or equivalent; Master’s degree is desirable.
- A CFA or FRM certification would be an added advantage.

Personality Traits

- Sharp analytical skills and ability to imagine and anticipate probable risks in lending processes.
- Ability to conceptualise and create user-friendly processes and flows.
- Ability to tackle new and unforeseen challenges.
- Attention to detail.
- Sharp verbal and written communication skills,
- Adept in conflict management.
- High level of integrity
- Empathy
- Ability to deliver projects within tight deadlines.

📌 Risk Manager- Post Acquisition Risk policy - Credit Card (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai