Product Risk Manager | PL

Aditya Birla Group · Not specified · onsite · Posted 53d ago

Not disclosedFresherfulltimeSourced from Foundit

About a minute. You'll make an account on the way through.

About this role

Job Description

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

Sourced from foundit

Skills

PolicyRisk Management

About Aditya Birla Group

Aditya Birla Group

Metals & Mining

227.5k+

employees

1857

169 years old

Mumbai, Maharashtra

India

About

Aditya Birla Group is a Fortune 500 global conglomerate. The company's businesses have grown into global powerhouses in a wide range of sectors metals, textiles, carbon black, telecom and cement.

Industries

Metals & MiningFinancial ServicesBuilding MaterialRetailTelecomChemicals

Employee ratings

2,383 reviews

4.1/ 5

Culture

3.9

Career growth

3.5

Work-life

4.0

Employees rate it well for

Work Culture191Salary167Senior Management152Work Life Balance146Job Security123

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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