Assistant Manager - BFSD Loans B2C PLCS

Bajaj Finance; Jajpur; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Bajaj Finserv Limited in India seeks a Risk Portfolio Manager to lead risk activities for the Co-Lending initiative, overseeing multiple lending products and ensuring robust risk controls. The role emphasizes developing and implementing risk policies, monitoring KPIs, and delivering timely risk insights to senior management.

The candidate should demonstrate strong emotional intelligence, stakeholder collaboration, and the ability to translate policy changes into system rules, supporting

Qualifications

• Required Emotional Intelligence to develop the team, stay calm under pressure, and treat others with respect.

Responsibilities

• Manage risk-related activities for the Co-Lending initiative.
• Oversee risk monitoring across Micro Finance, Personal Loans, Housing, Commercial Vehicle, Tractor Gold Loan.
• Develop and implement policy rules in the system; ensure alignment with business strategy.
• Track risk KPIs and support AOP delivery; prepare monthly risk reports.
• Develop and manage the Credit Rule Engine; code rule changes and perform UAT.
• Maintain Risk Masters and align partner masters with internal systems.

Skills

Emotional Intelligence

Job description

Job Summary

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.

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.