KEY RESPONSIBILITIES

- Analyse portfolio performance across product and geography levels to identify emerging risk trends and their root causes; provide actionable recommendations to Sales, Credit and Collections teams.

- Conduct monthly portfolio reviews with senior management, highlighting performance trends, emerging risks and areas of concern, and recommending corrective actions to strengthen portfolio quality.

- Support the computation and analysis of Expected Credit Loss (ECL) under Ind AS 109, including PD, LGD and EAD estimation, stage classification, and analysis of drivers of movement in provisions.

- Monitor Risk Appetite Framework (RAF) metrics against approved thresholds, analyse breaches and their causes, and support periodic review and recalibration of thresholds.

- Contribute to the annual ICAAP exercise, including capital adequacy assessment, stress testing and scenario analysis.

- Develop insight-led risk dashboards, MIS reports and presentations for senior management, the Risk Management Committee, the Board and investors.

- Provide analytical inputs to regulatory and annual disclosures, including RBI/NHB returns and inspections, the Board Report and MD&A.;





- Ensure the accuracy and integrity of MIS and Power BI dashboards through regular review, reconciliation and validation.

QUALIFICATIONS & EXPERIENCE

- Graduate or postgraduate in Finance, Commerce, Economics, Statistics, Mathematics, Engineering or a related discipline; MBA (Finance), CA or FRM preferred.

- 2-3 years of experience in credit risk analytics, portfolio risk management or risk reporting at an HFC, NBFC or bank.

- Prior hands-on exposure to ECL, ICAAP or Risk Appetite Framework work will be a strong advantage.

DESIRED SKILLS

- Working knowledge of ECL methodology under Ind AS 109, including PD, LGD, EAD and staging concepts.

- Basic understanding of ICAAP, stress testing, the Risk Appetite Framework and RBI/NHB guidelines for HFCs and NBFCs.

- Proficiency in MS Excel, PowerPoint, SQL and Power BI; Python or R for statistical analysis is an added advantage.

- Robust analytical, problem-solving and communication skills, with the ability to move from data to root cause to recommendation.

- Ability to collaborate with cross-functional teams and manage multiple priorities effectively.

📌 Assistant Risk Manager (Mumbai)
🏢 Vastu Housing Finance
📍 Mumbai