Unit Manager RiskSenior Unit Manager Risk

Bajaj Finance

Job Location:

Pune - India

Monthly Salary: Not Disclosed

Posted on: 3 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Purpose	This position is open with Bajaj Finance ltd. Risk Management is core to Bajaj Secured business decision in risk management are data driven and analytical on both customers and order to get faster decision and assess risk of customers and property during loan acquisition and portfolio management Regular monitoring Analysis & Statistical models are required to be used on regular frequency. Based on the learnings from analysis monitoring & statistical models scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline acceptable collateral Legal Staircase line assignment Policy Norms and collections are taken.
Duties and Responsibilities	PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) Portfolio Risk management for BL Secured through Acquisition Policies. Track and Work towards improvement of key performance indicators Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking Audit of monthly acquisition to check adherence of policy parameters Monitor maintain and improve all policies and processes for BL Secured portfolio and ensure its effectiveness Continuous monitoring & improvement in collateral assessment & validation process & policies Continuously monitor and assess state level collateral nuances norms and key challenges and provide timely resolution to field teams Track key TTD performance indicators losses and portfolio quality & provide deep dive analysis on portfolio metric. Work closely with business team to understand their need and provide process & policy solution. Identify early warning signals using data analysis and segmentations and take pro-active policy actions as and when required Work closely with Product Sales and Credit teams to support business growth and drive new initiatives Ongoing liaising with IT Credit and BIU teams to ensure all policies processes data flow are working efficiently and all required changes are build and implemented suitably 4. MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job) -Hind sighting on Approvals & Disbursal on daily basis -Liaising with IT COE and other teams to get Programs/Changes in exiting programs implemented in the systems -Understanding the SFDC workflow EDW data structure & monitoring through Power BI 5. DECISIONS (Key decisions taken by job holder at his/her end) -Identify emerging Risk based on Power BI dashboards/Hind sighting TTD -Ensure both Acquisition and collateral policy understanding & policy adherance at Field level -Automation of Hind sighting and Control Charts in Power BI 6. INTERACTIONS (Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job) Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work Information Technology (IT) Portfolio Business heads Chief Risk Officer COE Team Product Sales Credit & Operations team External Clients Roles you need to interact with outside the organization to enable success in your day to day work Legal & Technical Vendors 7. DIMENSIONS (Key numerical data which will reflect the scope and scale of activities concerning this job) Financial Dimensions (These should be quantifiable numerical amounts) AOP Risk Metrices Business AOP numbers Other Dimensions (Significant volume dimensions associated with the job) Individual contributor
Required Qualifications and Experience	SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications Qualifications MBA / Graduate/ Postgraduate with 5-6 years in SME Risk/SME Underwriting/SME Sales/SME Collateral Work Experience 3 years of relevant experience in SME Mortgage Risk /Collateral Management / Mortgage Underwriting Should have basic knowledge of property type & property documentation Should have basic knowledge of understanding SME Financials & Banking Should have good command in Excel Word Power Point Individual contributor with the capability to deliver projects within timeline Experience in handling large data base and the ability to do root cause analysis. Effective verbal and written communication skills

Required Experience:

Manager

Job PurposeThis position is open with Bajaj Finance ltd.Risk Management is core to Bajaj Secured business decision in risk management are data driven and analytical on both customers and order to get faster decision and assess risk of customers and property during loan acquisition and portfolio ma...

Job Purpose	This position is open with Bajaj Finance ltd. Risk Management is core to Bajaj Secured business decision in risk management are data driven and analytical on both customers and order to get faster decision and assess risk of customers and property during loan acquisition and portfolio management Regular monitoring Analysis & Statistical models are required to be used on regular frequency. Based on the learnings from analysis monitoring & statistical models scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline acceptable collateral Legal Staircase line assignment Policy Norms and collections are taken.
Duties and Responsibilities	PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) Portfolio Risk management for BL Secured through Acquisition Policies. Track and Work towards improvement of key performance indicators Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking Audit of monthly acquisition to check adherence of policy parameters Monitor maintain and improve all policies and processes for BL Secured portfolio and ensure its effectiveness Continuous monitoring & improvement in collateral assessment & validation process & policies Continuously monitor and assess state level collateral nuances norms and key challenges and provide timely resolution to field teams Track key TTD performance indicators losses and portfolio quality & provide deep dive analysis on portfolio metric. Work closely with business team to understand their need and provide process & policy solution. Identify early warning signals using data analysis and segmentations and take pro-active policy actions as and when required Work closely with Product Sales and Credit teams to support business growth and drive new initiatives Ongoing liaising with IT Credit and BIU teams to ensure all policies processes data flow are working efficiently and all required changes are build and implemented suitably 4. MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job) -Hind sighting on Approvals & Disbursal on daily basis -Liaising with IT COE and other teams to get Programs/Changes in exiting programs implemented in the systems -Understanding the SFDC workflow EDW data structure & monitoring through Power BI 5. DECISIONS (Key decisions taken by job holder at his/her end) -Identify emerging Risk based on Power BI dashboards/Hind sighting TTD -Ensure both Acquisition and collateral policy understanding & policy adherance at Field level -Automation of Hind sighting and Control Charts in Power BI 6. INTERACTIONS (Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job) Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work Information Technology (IT) Portfolio Business heads Chief Risk Officer COE Team Product Sales Credit & Operations team External Clients Roles you need to interact with outside the organization to enable success in your day to day work Legal & Technical Vendors 7. DIMENSIONS (Key numerical data which will reflect the scope and scale of activities concerning this job) Financial Dimensions (These should be quantifiable numerical amounts) AOP Risk Metrices Business AOP numbers Other Dimensions (Significant volume dimensions associated with the job) Individual contributor
Required Qualifications and Experience	SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications Qualifications MBA / Graduate/ Postgraduate with 5-6 years in SME Risk/SME Underwriting/SME Sales/SME Collateral Work Experience 3 years of relevant experience in SME Mortgage Risk /Collateral Management / Mortgage Underwriting Should have basic knowledge of property type & property documentation Should have basic knowledge of understanding SME Financials & Banking Should have good command in Excel Word Power Point Individual contributor with the capability to deliver projects within timeline Experience in handling large data base and the ability to do root cause analysis. Effective verbal and written communication skills

Required Experience:

Manager

Apply Now

About Company

Bajaj Finance

Bajaj Finserv is India’s most diversified non-banking finance company. Visit the website to learn about our products. Get instant approval on loans, shop on EMIs, make an investment, get insurance and pay your bills.

View Profile View Profile

AI AutoApply

Apply to 100+ jobs with one click