Product Risk Analyst | PL

Meeting Risk Budgeted Risk KPIs

• Ensuring Annual Risk KPIs are met according to management approved budgets
• Take corrective action when KPIs are not meeting set expectations 

Modify, Design & Develop Risk Policies

• Review existing Credit Risk Polices and recommend changes to meet business / risk requirements
• Pro-actively asses the emerging risks within business lines and take corrective action whenever required in terms of adequate policy changes
• Support business teams in achieving business volumes by policy & process led interventions while keeping the Risk KPIs in control
• Aid conduct of audit (statutory/internal/operational risk etc) and help closure of points to satisfaction without any adverse comments
• Trigger monitoring and control for strategic partnerships and health of fintech partners
• Co-ordinate with analytics for preparation of various management dashboards and tools for portfolio monitoring
• Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are clearly documented and communicated across the company.
• Develop, lead and maintain a center of expertise within 1st line risk management 

Check Account Conduct

• Account conduct of the borrower with other lender to be checked.
• Conduct of account of the borrower with the debtors and creditors. 

RAG classification & Action

• Detailed RAG review to be done & Following action to be taken: by Credit and Business & Credit monitoring team, to be Circulated & presented to CRO- Policy Team publish overall outcomes to relevant stakeholders.

Team Attrition & Hiring

• Support the Lead in all hiring and ensuring that all hiring is completed as per budgeted numbers and timelines. 
• Ensure attrition levels in the team is within the planned target for the year.
• The role also involves training of credit and business teams and alignment with the organizational goals set for the Secured/unsecured line of business.

Develop Design of Experiments (DOES) 

• Build DOEs to support business vol. and geographical growth in areas which are currently untested
• Monitor DOEs in-terms of business volume offtake/ early bounce rates / early delinquency rates to measure effectiveness and any possible conversion to regular policy