Lead Policy - LAP

Skillventory; Gurugram District; On-site; INR 3,000,000 - 4,500,000; Full time

Job summary

Skillventory is seeking an experienced professional to lead end-to-end risk management for the LAP lending portfolio. The role involves close collaboration with sales, credit, operations, compliance, and finance to balance growth with risk discipline.

The ideal candidate will have 14–20 years of LAP credit risk policy experience in banks or NBFCs, with expertise in risk assessment, collateral management, and regulatory compliance.

Qualifications

• Experience in LAP credit risk policy in Bank or NBFC.
• Strong understanding of risk management in lending products.
• Ability to coordinate with multiple stakeholders including sales, credit, operations, compliance, finance.

Responsibilities

• Responsible for end-to-end risk management for the LAP portfolio, balancing growth with risk discipline.
• Manage bouncing and delinquency, ensure credit cost remains within budget and industry standards.
• Monitor asset quality, collateral, concentrations, and prepare risk decks for senior management.
• Identify opportunities for risk-calibrated growth using portfolio trends and data insights.
• Ensure cross-functional collaboration across Sales, Credit, Legal, Technical, Collections, and Litigation teams.
• Keep policy knowledge current and benchmark against industry developments.

Job description

Role & responsibilities

To undertake key tasks pertaining to end-to-end Risk Management for the LAP LOB, including working closely with all stakeholders like sales, credit, operations, compliance, finance, etc.

Key Responsibilities

• Responsible for overall performance of the LAP portfolio, balancing growth with risk discipline
• Bouncing and delinquency management and ensuring Credit Cost for the product remain within budgeted numbers and are best in the industry
• Portfolio Monitoring & Asset Quality Management, including collateral quality and risk concentrations
• Preparation of Risk Decks and presenting the same to Senior Management
• Identifying business opportunities for risk-calibrated growth using historical portfolio trends and off-us data
• Formalizing sectoral risk appetite, understanding segment behavior and monitoring portfolio + new business inflow against the same
• Ensuring cross-functional collaboration across functions to build a strong and predictable book, including closely working with Sales, Credit, Legal, Technical, Collections, Litigation teams
• Carrying product and policy knowledge and being updated on industry level developments in the product, competition benchmarking and bringing that intelligence into our policies and processes
• Monitoring credit processes for ensuring strong verification processes & eligibility assessment methods
• Providing policy support to ensuring end-to-end automated/digital lending processes in the LOB
• Evaluating various partnerships, direct assignment and securitization transactions, including providing policy & risk related inputs and undertaking risk assessments as well as monitoring such portfolios
• Post disbursal monitoring including security documents, PDDs, ROC charge, CERSAI
• Ensuring compliance to regulatory guidelines and monitoring the same
• Hindsighting LAP loans, from credit/legal/collateral point of view to ensure compliance to laid down policies and processes
• Periodic revaluation of collaterals to assess security covers
• Managing the end-to-end Asset Held for Sale (AHS) process including security, maintenance, auction etc.
• Lead internal and external audits
• Anticipate impact on business when driving decisions to balance risk/reward without compromising portfolio quality levels.

Preferred candidate profile

14- 20 Yrs in LAP credit risk policy in Bank / NBFC