AVP Risk & Policy

Job opening at Delhi

Location

Delhi

Address

Delhi

Employment

Full Time

Qualification

Any Graduate

Payment

1800000 to 2200000

Date Posted

2024 Jul,18

HR

Juhi Agrawal

Contact

juhi@white-force.com

Mobile

9302207707

Job description



Credit Risk Management:
 Develop and implement risk management policies to facilitate lending activities while
ensuring compliance with regulatory requirements.
 Establish and maintain a robust credit risk management framework that includes policies,
procedures, and guidelines to manage portfolio risk effectively.
 Oversee the development of adaptable risk models using alternate data sources to enhance
credit risk assessment.
 Monitor and analyze the performance of the credit portfolio, identifying areas of concern
and opportunities for improvement.
 Implement risk mitigation strategies to optimize the overall risk-return profile of the lending
portfolio.

Policy Development and Implementation
 Prepare and roll out policies to relevant stakeholders, ensuring they are well understood and
adhered to.
 Ensure credit policies and program risk acceptance criteria are reviewed regularly with
timely updates for proactive adaptation to changes in legal/regulatory requirements,
business strategies, market environment, or portfolio performance.
 Recommend and follow through on policy changes wherever required to improve the
portfolio quality and the quality of application sourcing.

Risk Monitoring and Reporting:
 Develop and implement portfolio monitoring systems to track the performance of current
and future credit products, enabling proactive risk management.
 Conduct regular assessments of the company's risk profile, identifying potential areas of
concern, and recommending appropriate mitigation strategies.
 Prepare comprehensive risk management reports and presentations for senior management
and the board of directors.
 Stay updated on emerging risk management practices, regulations, and industry standards
to ensure the company's risk management framework remains up to date.

Leadership and Collaboration:
 Provide leadership and direction to underwriting teams, driving model development and
process automation initiatives.
 Collaborate with cross-functional teams to provide risk-related insights that support product
innovation and business growth.
 Foster strong relationships with external stakeholders, including regulatory bodies, auditors,
and rating agencies.
 Conduct training continuously to gauge policy understanding and ensure effective
implementation of risk management policies.


Job requirements

  • Experience: 6 to 10 Year.
  • Education : Any Graduate
  • Specilization : Any...
  • Skills :
  • Industry Type : Banking / Financial Services / Broking
  • Status : Not Disclose.

Company Name : Mehta Group

Website

About Company

Mehta Group, established in 1995 by a dynamic Chartered Accountant Mr. Rakeshh Mehta, is a leading financial services organisation. Read more