Roles and Responsibilities

- Develop and implement risk policies for Home Loans, ensuring compliance with regulatory requirements.
- Collaborate with cross-functional teams to identify, assess, and mitigate risks associated with loan products.
- Conduct regular reviews of policy frameworks to ensure alignment with business objectives and market trends.
- Provide guidance on risk management best practices to team members and stakeholders.
- Analyze data to identify areas of improvement in policy implementation and recommend changes as needed.
- Update and maintain process notes, ensuring adherence to defined procedures
- Coordinate with internal stakeholders to ensure timely completion of risk-related activities
- Proposing policy amendments based on business outlook, benchmarking with peers, and identifying lowrisk, highpotential segments to support business objectives.
- Driving key initiatives such as APF, scorecard models, RAG framework, and digital processimprovement projects to strengthen underwriting and operational efficiency.
- Designing frameworks for current business models (Prime HL, HRS) and creating performancetracking mechanisms for Credit and Location reviews




- Supporting Business and Risk Reviews through preparation of information packs and responding to analytical/data requests from committees and management.
- Preparing and rolling out policies, test programs, amendments, and annual policy renewals while addressing field queries and ensuring alignment with updated guidelines
- Conducting policy trainings and designing L&D; content for crossfunctional teams with timely updates based on guideline revisions.
- Undertaking location visits to understand processes, identify gaps, recommend corrective actions, and provide sensitization on portfolio behavior.

Desired Candidate Profile

- 5-10 years of experience in formulating, making, implementing, managing, framing, designing & writing policies for Home Loans or related fields.
- Strong understanding of financial markets, regulations (e.g., RBI guidelines), and industry standards for risk management.
- Excellent analytical skills with ability to interpret complex data sets and communicate findings effectively.
- Proven track record of developing effective risk mitigation strategies that balance business goals with regulatory requirements.

📌 Senior Manager Risk Policy (Mumbai)
🏢 SMFG India Home Finance
📍 Mumbai