Deputy Manager - Risk

Job Summary

This position is open with Bajaj Finance Ltd. The candidate will be responsible for managing flexi portfolio for SME. Activities related to blocking/unblocking and reporting will be part of responsibilities.

Responsibilities

• Highlight cases triggered as per through the door rule set. Engage with sales and credit teams to identify risk. Formulate learnings from through the door into policies.
• Actively engage in portfolio management related to flexi line management. Blocking and unblocking of limits.
• Propose policy refinements as per business/market requirement.
• Identify opportunities and propose strategies to enhance business. Formulate, implement and monitor portfolio segments to enable Business Teams.
• Monitor, manage and refine IT platform SFDC for better risk management. Execute reports on SFDC, Datamart, etc.
• To identify any issues related to incorrect system behavior (e.g. case approved by system which ideally should be rejected as per policy).
• Periodic testing of system validation approval and line assignment rules.
• Routine interaction with stakeholders (Business, Credit, RCU, Ops and IT), and tracking/closure of minute items.
• Work with COE and Product team to formulate, test and implement business opportunities/requirements.
• Conduct Business UAT for new developments, provide signoff and closely monitor the development post production deployment.
• Periodic reporting of MIS and dashboards (Bounce, projected risk metrics, etc.).
• Assist Sales Team to resolve cases which are stuck due to system issues.

Major Challenges

• Dynamic portfolio with multiple variables influencing risk performance
• High velocity - Expertise required to manage huge data sets
• Draw meaningful/actionable insights as an outcome of data analysis
• Ongoing liaising with IT, Business and BIU teams to ensure timely reporting of critical performance indicators

Required Qualifications and Experience

• Graduate/Post-Graduate having Banking domain knowledge.
• 2 - 3 years' experience in retail or consumer lending.
• Excellent analytical, data management and presentation skills.
• Exposure to data management tools e.g. SQL/Power BI etc.
• Effective verbal and written communication skills and stakeholder management.