Assistant Manager - BFSD DMS Bkt 1 & 2

Bajaj Finance; Bengaluru; On-site; INR 1,100,000 - 2,000,000; Full time

Job summary

Bajaj Finserv Limited is seeking a Risk Portfolio Manager to lead risk oversight for the Co-Lending initiative. You will govern multiple loan products, ensure adherence to policies, and drive KPI-based risk management across the portfolio.

The role emphasizes a strong emphasis on data infrastructure, rule engine development, and timely risk reporting to senior leadership. Collaboration with external partners and internal teams is essential to success.

Qualifications

• Develops the team, supporting them to do more
• Listens to others, stays calm under pressure, and treats everyone with respect.

Responsibilities

• Co-Lending portfolio monitoring across products.
• Manage policy changes and implement policy rules in the system.
• Oversee portfolio management per AOP and risk KPIs.
• Responsible for Loan Loss budgeting and AOP delivery on risk KPIs.
• Review credit policies and update rules to adapt to business strategies and portfolio performance.
• Set up data infrastructure related to risk for Co-Lending.
• Develop and publish monthly risk reports to Senior Management.
• Develop/maintain Credit Rule Engine coding to encode risk policy rules for each partner.
• Coordinate UAT testing and sign-off for risk rule changes.
• Ensure Rule Engine operates as coded with minimal errors and align partner masters with internal systems.

Skills

Emotional intelligence

Active listening

Job description

Job Summary

Risk portfolio management for each of the co-lending partners. Culture anchor: have high ambitions - inspires the team to aim for higher targets and supports in achieving them. Own it - acknowledges uncertainty and makes changes in own decisions/actions for better outcomes.

Duties and Responsibilities

The role will manage all Risk related activities of a new Strategic Business Initiative of the Company - "Co-Lending". The role will manage multiple products - Micro Finance, Personal Loans, Housing, Commercial Vehicle, Tractor Gold Loan.

• Co-Lending Portfolio Monitoring
• Responsible for Product Program, Existing policy changes and implementation of Policy rules on System
• Responsible for Portfolio Management according to annual operating plans and Risk KPI's
• Responsible for Loan Loss budgeting AOP delivery on various risk KPIs
• Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes business strategies, market environment or portfolio performance
• Responsible for tracking portfolio performance/TTD Metrics/Approval Rates Data Infrastructure MIS
• Responsible for setting up Data Infrastructure related to Risk for Co-Lending business
• Responsible for developing and publishing monthly risk reports to Senior Management
• Development Management of Credit Rule Engine
• Developing and managing Rule Engine coding to code Risk Policy rules of each Co-Lending partner
• Responsible for getting UAT testing of risk rules coded sign off
• Understanding any policy rule changes communicated by the External Partners and executing the coding, testing sign off of the rule changes.
• Ensuring that the Rule Engine is working as coded and Error Rate is Nil.
• Responsible for Risk Masters maintenance in system
• Alignment of Co-Lending Partners masters with our internal systems.

Required Qualifications and Experience

• Practice Emotional Intelligence - Develops the team, supporting them to do more
• Listens to others, stays calm under pressure, and treats everyone with respect.