Product Risk Manager | PL

Aditya Birla Capital; Maharashtra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Aditya Birla Capital is seeking a senior risk management professional in Maharashtra to ensure annual risk KPIs are met and to drive policy design and implementation across business lines.

The role involves proactive risk assessment, developing risk policies, coordinating analytics dashboards for portfolio monitoring, and supporting business growth while maintaining KPI controls. Experience in audits and leading a 1st line risk function is essential.

Qualifications

• Experience in credit risk management and policy design.
• Ability to review and modify Credit Risk Policies.
• Proactive risk assessment and policy changes across business lines.
• Support business volumes through policy-led interventions while monitoring the Risk KPIs.
• Coordinate analytics for management dashboards and portfolio monitoring.
• Lead risk policy framework establishment and communication across the company.
• Develop and maintain a center of expertise within 1st line risk management.
• Assist in audits and ensure closure of findings.

Responsibilities

• Ensure annual risk KPIs are met according to management approved budgets.
• Take corrective action when KPIs are not meeting set expectations.
• Review existing Credit Risk Policies and recommend changes to meet business/risk requirements.
• Pro-actively assess emerging risks within business lines and take corrective action with policy changes.
• Support business teams in achieving volumes by policy and process led interventions while keeping the Risk KPIs in check.
• Trigger monitoring and control for strategic partnerships and health of fintech partners.
• Co-ordinate with analytics for preparation of dashboards and portfolio monitoring.
• Establish, implement and manage risk policy and control frameworks across the company.

Skills

Risk management

Policy design

Credit risk

Dashboard analytics

Audit coordination

RAG reporting

Team management

Job description

Max 1325 Characters)Supporting Actions (Max 1325 Characters)

• Ensuring Annual Risk KPIs are met according to management approved budgets
• Take corrective action when KPIs are not meeting set expectations
• Review existing Credit Risk Polices and recommend changes to meet business / risk requirements
• Pro-actively asses the emerging risks within business lines and take corrective action whenever required in terms of adequate policy changes
• Support business teams in achieving business volumes by policy & process led interventions while keeping the Risk KPIs in control
• Aid conduct of audit (statutory/internal/operational risk etc) and help closure of points to satisfaction without any adverse comments
• Trigger monitoring and control for strategic partnerships and health of fintech partners
• Co-ordinate with analytics for preparation of various management dashboards and tools for portfolio monitoring
• Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are clearly documented and communicated across the company.
• Develop, lead and maintain a center of expertise within 1st line risk management

Key Result Areas (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

Meeting Risk Budgeted Risk KPIs

• Ensuring Annual Risk KPIs are met according to management approved budgets
• Take corrective action when KPIs are not meeting set expectations

Modify, Design & Develop Risk Policies

• Review existing Credit Risk Polices and recommend changes to meet business / risk requirements
• Pro-actively asses the emerging risks within business lines and take corrective action whenever required in terms of adequate policy changes
• Support business teams in achieving business volumes by policy & process led interventions while keeping the Risk KPIs in control
• Aid conduct of audit (statutory/internal/operational risk etc) and help closure of points to satisfaction without any adverse comments
• Trigger monitoring and control for strategic partnerships and health of fintech partners
• Co-ordinate with analytics for preparation of various management dashboards and tools for portfolio monitoring
• Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are clearly documented and communicated across the company.
• Develop, lead and maintain a center of expertise within 1st line risk management

Check Account Conduct

• Account conduct of the borrower with other lender to be checked.
• Conduct of account of the borrower with the debtors and creditors.

RAG classification & Action

• Detailed RAG review to be done & Following action to be taken: by Credit and Business & Credit monitoring team, to be Circulated & presented to CRO- Policy Team publish overall outcomes to relevant stakeholders.

Team Attrition & Hiring

• Support the Lead in all hiring and ensuring that all hiring is completed as per budgeted numbers and timelines.
• Ensure attrition levels in the team is within the planned target for the year.
• The role also involves training of credit and business teams and alignment with the organizational goals set for the Secured/unsecured line of business.

Develop Design of Experiments (DOES)

• Build DOEs to support business vol. and geographical growth in areas which are currently untested
• Monitor DOEs in-terms of business volume offtake/ early bounce rates / early delinquency rates to measure effectiveness and any possible conversion to regular policy