Policy Manager – Construction Equipment Finance

Role Summary The Policy Manager – Construction Equipment Finance will be responsible for credit policy formulation, portfolio risk management and enterprise-level risk mitigation for the Construction Equipment Finance business. The role collaborates closely with Business, Credit, Collections, Analytics and other cross-functional teams to drive portfolio quality and sustainable growth.

Key Responsibilities

- Credit Policy and Risk Management
- Develop, review and strengthen credit policies, underwriting norms and risk parameters for Construction Equipment Finance.
- Analyse portfolio performance and recommend policy changes, risk triggers and underwriting interventions.
- Ensure compliance with internal risk appetite frameworks and regulatory guidelines.
- Portfolio Monitoring and Risk Mitigation
- Track portfolio performance, delinquency, slippages and other key risk indicators.
- Identify emerging risks and recommend timely corrective and preventive actions.
- Coordinate with Business, Credit and Collections to implement and track risk interventions.
- Reporting,



Stakeholder Management and Automation
- Prepare portfolio dashboards, management reports and data-backed portfolio insights.
- Communicate risk expectations and integrate market/field feedback through stakeholder partnerships.
- Support automation of risk reporting, policy rules and technology-led risk initiatives.

Candidate Profile

- Experience: 3–10 years in credit, credit policy, risk or portfolio management in Banking/NBFC/Financial Services.
- Preferred: Exposure to Construction Equipment, Commercial Vehicle, Equipment Finance, MSME or other secured lending.
- Education: MBA/PGDM in Finance or Risk; CA/CFA preferred.
- Strong analytical skills, credit assessment capability and stakeholder management.
- Experience in translating credit policy into Business Rule Engines (BRE), and familiarity with automation of policy rules, decision systems and rule-based underwriting workflows.
- Positive understanding of asset-backed lending and portfolio risk frameworks.

📌 Policy Manager (Mumbai)
🏢 Yes Bank
📍 Mumbai