Policy Analyst - Powai

Hiranandani Financial Services; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A financial services company in Mumbai is seeking a professional to manage data maintenance and credit risk in Retail Lending. The role involves creating reporting tools, analyzing portfolio performance, and formulating policies. Candidates should have 2-5 years of experience in Credit/Risk Management with a professional education in the financial stream. Strong analytical skills are essential. Competitive compensation is offered.

Qualifications

• 2-5 years of experience in Credit/Risk Management.
• Ability to analyze information and procedures from an operational perspective.

Responsibilities

• Establish requirements for data maintenance and management.
• Create Management reporting tools to monitor portfolio performance.
• Prepare detailed analysis on portfolio and present to Management.
• Track performance against guardrails and analyze macro-economic data.
• Evaluate internal & external credit scoring models.
• Formulate Credit Policy and Operational Guidelines for Retail Lending business.
• Implement new policies in system with IT team's help.
• Manage Business rule engine and ensure policy adherence.

Skills

Data analysis

Credit risk management

Portfolio performance monitoring

Policy formulation

Education

Professional education in Financial stream

Job description

• Establish requirements for data maintenance and management and working with IT on implementation. Create Management reporting tools to monitor portfolio performance at portfolio segment (e. g., product, vintage, risk segment, score band, or marketing channel), vintage and account levels to identify positive and negative trends such as improved portfolio quality or heightened delinquencies and recommend strategy changes to the Business
• Preparation of review deck, detailed analysis on portfolio and presenting it to Management.
• Tracking performance against guardrails, analyze portfolio and macro-economic data to determine potential impact on business operations.
• Evaluate, implement and monitor internal & external credit scoring models
• Formulating Credit Policy and Operational Guidelines for Retail Lending business.
• Implementation of new policies in system: Closely work with IT team for implementation of product policies in system, review validations and suggest improvements to increase system efficiency.
• Managing Business rule engine
• Creating built-in mechanisms for adherence to the policy and highlighting any deviations that happen to concerned authorities at regular intervals.

Qualification & Experience Required

• Professional education in Financial stream
• 2-5 years of experience in Credit/ Risk Management.
• Ability to analyse information, problems, situations, and procedures from an operational perspective