Assistant Manager - BFSD Loans B2C PLCS

Bajaj Finance; Palitana; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Bajaj Finserv Limited in India is seeking a Risk Portfolio Manager to oversee co-lending risk, policy enforcement, and data governance across Micro Finance, Personal Loans, Housing, and Vehicle segments.

You will drive risk KPI tracking, rule engine development, and senior management reporting, partnering with external lenders to align master data and risk rules. The role requires leadership, strategic thinking, and hands-on delivery to strengthen risk controls and portfolio performance.

Qualifications

• Demonstrates emotional intelligence to develop the team, listen under pressure and treat everyone with respect.

Responsibilities

• Co-Lending portfolio monitoring and risk oversight across multiple products.
• Manage policy changes and implement rules in the system.
• Track risk KPIs and budget for loan loss AOP.
• Ensure reviews of credit policies and timely updates.
• Build and publish monthly risk reports for senior management.
• Develop and manage the rule engine for risk policies.
• Coordinate partner master data and alignment with internal systems.

Skills

Emotional Intelligence

Job description

Job Summary

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
• 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.