Manager - Risk

Tata Capital; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Tata Capital in Mumbai seeks an experienced risk professional to manage mortgage portfolio risk/reward. You will write and modify credit policies, product parameters and guidelines to establish lending standards.

The role involves monitoring macro factors, ensuring compliance with NHB and regulatory requirements, training teams, and delivering analytics to support pricing, portfolio actions and risk mitigation.

Responsibilities

• Manage the risk/reward dynamics for the company s mortgage portfolio by writing and modifing credit policies, product parameters, processes and related guidelines thus establishing overall lending guidelines
• Develop and formulate acquisition/portfolio policies and conduct analysis to fine-tune the acquisition/portfolio management strategies in order to optimize risk and reward trade-off
• Closely monitor economic & social environmental factors that would impact to portfolio credit performance and develop proactive mitigation actions
• Review/change/modify documentation processes, forms and guidelines for the mortgage profile and ensure all credit processes are in compliance with company policies and requirements set out by the local as well as lead regulator through effective execution of control programs.
• Provide functional support on all credit / risk matters to business teams driving proper execution of risk control and portfolio actions.
• Manage and monitor portfolio quality, undertaking periodic portfolio and collection reviews for the business and monitor the branches on triggers.
• Undertake monthly reviews based on portfolio MIS and manage triggers, taking decisions on portfolio basis the triggers.
• Partner with the business team in the identification, market selection and sales zoning from a credit risk perspective.
• Identify and analyze risks (economic, social, political, etc) related to broader loan portfolio; ensure portfolio diversification and quality across activities and area
• Ensure adherence to policies and processes, correcting procedural flaws; ensure proper documentation; support Branches in troubleshooting field problems and identifying, designing, and implementing improvements. Ensure that the policies/processes are in adherence with legal and compliance framework in force
• Enable credit training on credit fundamentals and processes including origination, credit approval, collection, documentation and disbursement processes
• Support & coordinate with training team for credit related modules by designing training modules to ensure policy and processes training is easily understood by the teams so as to discharge their responsibilities.
• Participate in the development and monitor the effectiveness of statistically validated risk mitigation tools
• Drive innovation in methods of identifying and quantifying extant risks as well as emerging and developing risk trends in the market
• Provide senior management with clear insights into the factors driving the credit risk profile of the portfolio; provide forecasts of future performance and identify means of mitigating key risk factors.
• Develop analytics in collaboration with leaders across the mortgage business to assist in product development and pricing strategies, driving business growth and ensuring prudent risk/return balance.
• Interact with various support groups including IT and compliance to initiate and review systems and processes
• Ensure compliance to all Audit / NHB regulations.

Job description

Core Responsibilities:

• Manage the risk/reward dynamics for the company s mortgage portfolio by writing and modifing credit policies, product parameters, processes and related guidelines thus establishing overall lending guidelines
• Develop and formulate acquisition/portfolio policies and conduct analysis to fine-tune the acquisition/portfolio management strategies in order to optimize risk and reward trade-off
• Closely monitor economic & social environmental factors that would impact to portfolio credit performance and develop proactive mitigation actions
• Review/change/modify documentation processes, forms and guidelines for the mortgage profile and ensure all credit processes are in compliance with company policies and requirements set out by the local as well as lead regulator through effective execution of control programs.
• Provide functional support on all credit / risk matters to business teams driving proper execution of risk control and portfolio actions.
• Manage and monitor portfolio quality, undertaking periodic portfolio and collection reviews for the business and monitor the branches on triggers.
• Undertake monthly reviews based on portfolio MIS and manage triggers, taking decisions on portfolio basis the triggers.
• Partner with the business team in the identification, market selection and sales zoning from a credit risk perspective.
• Identify and analyze risks (economic, social, political, etc) related to broader loan portfolio; ensure portfolio diversification and quality across activities and area
• Ensure adherence to policies and processes, correcting procedural flaws; ensure proper documentation; support Branches in troubleshooting field problems and identifying, designing, and implementing improvements. Ensure that the policies/processes are in adherence with legal and compliance framework in force
• Enable credit training on credit fundamentals and processes including origination, credit approval, collection, documentation and disbursement processes
• Support & coordinate with training team for credit related modules by designing training modules to ensure policy and processes training is easily understood by the teams so as to discharge their responsibilities.
• Participate in the development and monitor the effectiveness of statistically validated risk mitigation tools
• Drive innovation in methods of identifying and quantifying extant risks as well as emerging and developing risk trends in the market
• Provide senior management with clear insights into the factors driving the credit risk profile of the portfolio; provide forecasts of future performance and identify means of mitigating key risk factors.
• Develop analytics in collaboration with leaders across the mortgage business to assist in product development and pricing strategies, driving business growth and ensuring prudent risk/return balance.
• Interact with various support groups including IT and compliance to initiate and review systems and processes
• Ensure compliance to all Audit / NHB regulations.