Policy Manager

YES BANK; Mumbai; On-site; INR 1,200,000 - 2,500,000; Full time

Job summary

YES BANK is seeking an experienced Policy Manager to develop, implement, and govern policies for unsecured business lending products in Mumbai. The role ensures adherence to risk appetite, regulatory requirements, and supports sustainable portfolio growth.

Responsibilities include building risk frameworks, policy creation, and collaboration with stakeholders. Essential MBA; 1 year of experience, with CA or MBA preferred, and leadership capabilities are expected.

Qualifications

• MBA is essential for the role.
• CA or additional MBA preferred; strong regulatory knowledge.
• 1 year of experience in policy or lending.
• 2+ years of experience preferred.

Responsibilities

• Develop unsecured lending risk framework aligned with strategy and regulatory expectations.
• Conduct portfolio reviews, risk assessments, and stress tests.
• Create and maintain RBI/KYC/AML-compliant policies for unsecured lending.
• Develop credit scoring models and underwriting standards.
• Lead policy adherence and cross-functional collaboration.

Skills

Customer & Quality Focus

Leadership

Drive for Results

Integrity

People Development

Enables Change

Education

MBA

CA

Job description

Role Summary

The Business Loan – Unsecured Policy Manager is responsible for developing, implementing, and governing policies for unsecured business lending products. The role ensures the unsecured lending portfolio adheres to the institution’s risk appetite, complies with regulatory requirements, and supports sustainable portfolio growth. The position requires strong expertise in unsecured lending, risk assessment, regulatory compliance, and credit policy formulation.

Key Responsibilities & KPIS of the Role

These responsibilities are representative, and the role holder is also responsible for any other job assigned by the superior authorities from time to time. This section in not intended to be an exhaustive listing of all activities done by the role holder. It should capture only the key responsibilities of the role.

Strategy and Planning

• Develop and implement the unsecured lending risk framework, ensuring alignment with business strategy and regulatory expectations.
• Conduct portfolio reviews, risk assessments, and stress tests to identify vulnerabilities and recommend strategic actions
• Portfolio Risk Metrics Stability – Maintain delinquency, charge‑off, and fraud rates within approved risk appetite thresholds.
• Timeliness of Risk Reviews – Complete portfolio reviews, risk assessments, and stress‑testing cycles as per defined frequency (monthly/quarterly).
• Strategic Policy Alignment – % of policies aligned with revised regulatory or business strategy updates within defined SLAs.

Policies, Processes & Procedures

• Create, review, and maintain policies for unsecured lending products in line with RBI, KYC/AML, and digital lending norms.
• Establish processes for policy exceptions, approvals, documentation, and compliance tracking.

Job Specific

• Develop and refine credit scoring models, underwriting standards, and exposure controls for unsecured business loans.
• Monitor KRIs (delinquency, charge‑off, fraud) and initiate mitigation actions.
• Collaborate with cross‑functional teams to ensure policy adherence and accurate portfolio management.
• Act as key contact for regulatory and audit interactions on unsecured lending policies.

People Management

Drive team performance through effective leadership, coaching, and people development.

Role Profile Requirements

Education

Essential: MBA

Preferred: CA, MBA, sound knowledge of technical

Experience

Essential: 1 Year

Preferred: 2+ years

Competencies

CORE COMPETENCIES

LEADERSHIP/ BEHAVIORAL COMPETENCIES

• Customer and Quality Focus
• Professional Entrepreneurship
• Drive for Results
• Influence and Impact
• Integrity
• Lead and Develop people
• Enables Change
• Build transparent and inclusive teams