Assistant Manager - BFSD Loans B2C PLCS

Bajaj Finance; Botad District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Bajaj Finserv Limited is seeking a senior risk professional to manage the Co-Lending risk portfolio. You will monitor portfolios, implement policy rules in the system, and drive risk data infrastructure for informed decision-making.

The role involves coordinating with multiple lending products, preparing monthly risk reports, and partnering with external partners on rule changes. Strong EI and leadership are required.

Qualifications

• Experience in risk portfolio management for lending programs.
• Ability to translate risk policy into system rules and workflows.
• Strong EI: lead, coach and maintain team calm under pressure.

Responsibilities

• Co-Lending portfolio monitoring and risk KPI tracking.
• Manage policy changes and implement rules in the system.
• Oversee risk budgeting and AOP delivery for risk KPIs.
• Track and report risk metrics and data for senior management.
• Develop and publish risk dashboards and partner-specific risk decks.
• Coordinate with external partners on policy rule changes and UAT.

Skills

Risk portfolio management

Co-Lending domain

Data infrastructure

Policy rules

UAT testing

Emotional intelligence

Team leadership

Tools

Rule Engine

MIS systems

Job description

Job Purpose

Risk Portfolio management for each of the Co-lending partner. 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
• Responsible for Partner wise Monthly Risk deck preparation
• 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.