Credit Risk Management: Develop and implement risk management policies to facilitate lending activities whileensuring 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 enhancecredit risk assessment. Monitor and analyze the performance of the credit portfolio, identifying areas of concernand opportunities for improvement. Implement risk mitigation strategies to optimize the overall risk-return profile of the lendingportfolio.Policy Development and Implementation Prepare and roll out policies to relevant stakeholders, ensuring they are well understood andadhered to. Ensure credit policies and program risk acceptance criteria are reviewed regularly withtimely 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 theportfolio quality and the quality of application sourcing.Risk Monitoring and Reporting: Develop and implement portfolio monitoring systems to track the performance of currentand future credit products, enabling proactive risk management. Conduct regular assessments of the company's risk profile, identifying potential areas ofconcern, and recommending appropriate mitigation strategies. Prepare comprehensive risk management reports and presentations for senior managementand the board of directors. Stay updated on emerging risk management practices, regulations, and industry standardsto ensure the company's risk management framework remains up to date.Leadership and Collaboration: Provide leadership and direction to underwriting teams, driving model development andprocess automation initiatives. Collaborate with cross-functional teams to provide risk-related insights that support productinnovation 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 effectiveimplementation of risk management policies.