Role/ Job TitleRisk Manager-Credit Cards
Function/ DepartmentRetail Business Risk
Job Purpose
The role entails the responsibility of assessing, managing, and reporting risks for the Credit Card vertical for IDFC FIRST Bank. Candidate shall be responsible for end-to-end drafting of credit policies and implementing strategies in BRE along with stakeholder management.
Roles & Responsibilities
- Credit Policy formulation for Account Management
- Define and monitor key risk metrics
- Portfolio monitoring and review
- Loss forecasting for individual product and monitoring
- Define Portfolio intervention strategies basis the delinquency and losses
- Define Portfolio Positive Interventions strategies- CLI/TLI, BT. PLCC, express cash and monitor the performance
- Help launch revenue generating and portfolio growth products in association with the product/business teams with focus on retention of identified good client segments
- Define DoE and Monitor, implement the learnings in the policy
- Be able to convince stake holders while suggesting or implementing changes, be able to lead cross functional and partner teams independently and in tandem.
- Skills includes prior work experience in Commercial / Corporate Credit Card Underwriting with sound understanding of Financial Statements and Reports, Cash Flow, Balance Sheets, Financial Ratios, Type of Liabilities (Individual, Joint, Several) etc.
- Ensure effective coverage of risk and that the asset portfolio is in line with desired risk level. It includes preparing Risk assurance reports, summaries for senior management to develop strategies aligning to the larger objectives of the bank.
- Maintain, and continuously improve the risk management strategy and frameworks for IDFC First Bank.
- Work with Business, Credit, Group Risk Team to formulate policy constructs, drive improvements and enhancements based on experience and assessments performed.
- Ensure documentation of key risk indicators and controls for any critical process or key product launch.
- Support the review and assessment of the asset portfolio and early warning signal effectiveness to ensure that portfolio risk is minimized.
- Ensure that portfolio risk reports and dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards.
- Assist in performing a periodical review of the bank s products and processes and provide risk mitigation controls and training to business to facilitate optimum protection of IDFCs business interests.
Education Qualification
Graduation Bachelor of Science (B.Sc) / Bachelor of Technology (B.Tech) / Bachelor of Computer Applications (BCA)/Bachelor of Commerce(B.Com)/Bachelor of Business Administration(BBA)
Post-graduation MBA
Experience 5 to 10 years of relevant experience
