Lead – Risk & Policy – LAP Skillventory

The Corporate Institute; Gurgaon; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

The Corporate Institute in Gurgaon, India seeks a senior risk management professional to drive end-to-end risk management for the LAP LOB, coordinating with sales, credit, operations, compliance and finance to balance growth with risk discipline.

Responsibilities include portfolio performance, delinquency management, risk deck preparation for senior leadership, and identifying risk‑calibrated growth opportunities.

Responsibilities

• Overall performance of the LAP portfolio with growth and risk discipline.
• Bouncing and delinquency management and maintaining cost within industry best levels.
• Portfolio monitoring, asset quality management, and collateral/watchlist oversight.
• Prepare risk decks and present to Senior Management.
• Identify risk-calibrated growth opportunities from portfolio trends and data.
• Formalize sectoral risk appetite and monitor portfolio inflows against it.
• Collaborate cross-functionally with Sales, Credit, Legal, Technical, Collections and Litigation.
• Maintain product and policy knowledge and stay updated on industry developments.
• Monitor credit processes, verification and eligibility assessment methods.
• Provide policy support for automated/digital lending in the LOB.
• Evaluate partnerships and securitization transactions with risk inputs and monitoring.
• Post-disbursal monitoring including security documents and compliance checks.
• Ensure regulatory compliance and monitor guidelines.
• Review LAP loans for compliance to policies and periodic collateral revaluations.
• Manage end-to-end Asset Held for Sale processes including security, maintenance, and auctions.
• Lead internal and external audits and anticipate business impact on risk decisions.

Job description

Role Description:

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.