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    Job · 22382199

    Axis Bank logo

    RPMG:Strategy Team - Mortgage

    Axis Bank · Mumbai · onsite · Posted 1d ago

    Not disclosedFresherfulltimeSourced fromFoundit

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

    About this role

    RPMG: Strategy Team - Mortgage
    INTERNAL USAGE:
    No. of Vacancies:-Reports to:Executive Vice President / SVP
    Is a Team leaderYTeam Size:
    Grade:SM / AVP / VP
    Business:Retail BankingDepartment:Retail Portfolio Management GroupSub-Department:Strategy
    Location:Mumbai
    About Retail Portfolio Management Group
    The RPMG department focuses on the lending business of the bank by offering various loan products like Home Loans, Car Loans, and Personal Loans among others. They also offer working capital loans and Business loans for Small Businesses and is also responsible for the Rural lending business of the bank
    AbouttheRole
    Key Responsibilities

    Strategic Planning and Analysis:

    • Conduct deep analysis of bounce rates for mortgage loan products to identify trends and areas for improvement.
    • Work with the BIU team to formulate Early Delinquency Management (EDM) logics and ensure sharper coverage of bounce rates.
    • Analyze all bucketing stock efficiency to ensure the right intervention at the right time.
    • Develop strategies for priority coverage for write-off field collections to maximize recovery.
    • Identify which cases to move to the call center and which to move to the field based on velocity to connect and collect at an optimum cost and efficiency.
    • Monitor product performance, cost, and efficiency to ensure alignment with business goals.

    Operational Management:

    • Roll out incentive schemes for channels based on stock position on the delinquents to motivate and drive performance.
    • Conduct detailed portfolio cut analysis to provide insights to the product and risk team for shaping credit/risk policy.
    • Ensure compliance with regulatory guidelines and internal policies to mitigate risks.
    • Collaborate with cross-functional teams to align strategies with overall business objectives.
    • Scale up contactless collection †not only in Bounce but also across buckets.
    • Diagnose the portfolio specific to inventory correction of PNPA stock 1-90dpd and develop geography-specific strategies and interventions.
    • Calibrate resourcing and conduct gap analysis to optimize resource allocation.
    • Provide policy and process level feedbacks and status updates to senior management.

    Team Management:

    • Lead and mentor a team of strategy specialists, providing guidance and support to achieve team goals.
    • Assign tasks, monitor progress, and evaluate team performance to ensure high productivity.
    • Foster a collaborative and results-oriented team environment to drive innovation and efficiency.

    Process Improvement:

    • Continuously evaluate and enhance strategy processes and workflows to improve efficiency and effectiveness.
    • Identify opportunities to implement industry best practices and emerging technologies to stay ahead of market trends.
    • Develop and implement process improvement initiatives to streamline operations and reduce costs.

    Data Analysis and Reporting:

    • Collect, analyze, and interpret data to measure the effectiveness of strategies and interventions.
    • Generate detailed reports on portfolio metrics, including bounce rates, recovery rates, and cost efficiency.
    • Provide actionable insights and recommendations to senior management for decision-making.

    Qualifications

    Role Proficiencies:

    For successful execution of the job, the candidate should possess the following:

    • Proven experience in strategy and product management, preferably within the financial services industry.
    • Strong analytical skills with proficiency in data analysis and interpretation.
    • Excellent project management skills with the ability to prioritize and meet deadlines.
    • Strong interpersonal and communication skills with the ability to collaborate effectively.
    • Ability to manage complex & dynamic situations.
    • Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment.
    • Ability to handle pressure and meet deadlines

    Sourced from foundit

    Skills

    Refer to the Job Description

    About Axis Bank

    Axis Bank logo

    Axis Bank

    Banking

    104.5k+

    employees

    1993

    33 years old

    Mumbai, Maharashtra

    India

    About

    Axis Bank is the third largest private sector bank in India offering the entire spectrum of financial services for personal & corporate banking.

    Industries

    BankingFinancial Services

    Employee ratings

    33,210 reviews

    3.6/ 5

    Culture

    3.4

    Career growth

    3.2

    Work-life

    3.4

    Employees rate it well for

    Work Culture2698Work Life Balance2255Salary2228Work Environment1726Senior Management1412

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