VP risk policy Business loan

Skillventory; Mumbai; On-site; INR 4,200,000 - 6,200,000; Full time

Job summary

Skillventory in Mumbai is seeking a senior risk policy leader to shape risk policies for unsecured loan products, align with risk appetite, and ensure regulatory compliance.

You will lead credit risk assessments, collaborate with product, operations, and collections teams, and drive portfolio monitoring and risk mitigation initiatives to support sustainable growth.

Qualifications

• Extensive experience in policy formulation for BL/PL/unsecured loans.
• Proven ability in risk assessment, underwriting standards and risk segmentation.
• Strong regulatory and internal policy compliance background.

Responsibilities

• Lead in the development and implementation of risk policies and frameworks tailored to unsecured business loan products, ensuring alignment with the company's risk appetite and regulatory guidelines.
• Lead credit risk assessment processes for unsecured business loan applications, including credit scoring, underwriting standards, and risk segmentation, to mitigate credit losses and optimize portfolio performance.
• Ensure compliance with regulatory requirements and internal policies governing unsecured business loan underwriting and risk management practices, assisting in addressing regulatory changes and updates.
• Contribute to the implementation of portfolio monitoring mechanisms and conduct analysis of unsecured business loan portfolios, identifying emerging risks, trends, and opportunities for portfolio optimization.
• Lead in the development and implementation of risk mitigation strategies and action plans to address identified risks, such as delinquency, default, and fraud, while supporting business growth objectives.
• Collaborate with cross-functional teams, including Business Development, Product Management, Operations, and Collections, to integrate risk considerations into product development, customer acquisition, and portfolio management processes.
• Manage preparing regular risk reports and updates to senior management and relevant committees, contributing to highlighting key risk metrics, portfolio trends, and the effectiveness of risk management strategies.

Skills

Policy formulation

Credit risk

Unsecured lending

Regulatory compliance

Risk reporting

Job description

Role & responsibilities

Key Roles & Responsibilities

• Lead in the development and implementation of risk policies and frameworks tailored to unsecured business loan products, ensuring alignment with the company's risk appetite and regulatory guidelines
• . Lead credit risk assessment processes for unsecured business loan applications, including credit scoring, underwriting standards, and risk segmentation, to mitigate credit losses and optimize portfolio performance.
• Ensure compliance with regulatory requirements and internal policies governing unsecured business loan underwriting and risk management practices, assisting in addressing regulatory changes and updates.
• Contribute to the implementation of portfolio monitoring mechanisms and conduct analysis of unsecured business loan portfolios, identifying emerging risks, trends, and opportunities for portfolio optimization
• Lead in the development and implementation of risk mitigation strategies and action plans to address identified risks, such as delinquency, default, and fraud, while supporting business growth objectives.

• Collaborate with cross-functional teams, including Business Development, Product Management, Operations, and Collections, to integrate risk considerations into product development, customer acquisition, and portfolio management processes.
• Manage preparing regular risk reports and updates to senior management and relevant committees, contributing to highlighting key risk metrics, portfolio trends, and the effectiveness of risk management strategies.

Preferred candidate profile

12 + Years of exp in policy formulation of BL / PL / Unsecured loan in Bank / NBFC