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Product Risk Manager (Secured)

Aditya Birla Group
5-8 Years
India
  • Posted 4 hours ago
  • Be among the first 10 applicants

Job Description

Job Title: Product Risk Manager

Location: Mumbai

Key Responsibilities

  • Formulate and execute risk-based underwriting strategies that balance customer acquisition with robust risk management.
  • Lead risk segmentation efforts by categorizing loan applicants based on credit scores, financial behaviors, and other key risk indicators to optimize decision-making.
  • Develop and refine risk models to improve underwriting decisions and ensure a strong, high-quality loan portfolio.
  • Collaborate closely with Data Science, Product, Business, and Operations teams to ensure risk strategies are aligned with broader business goals and objectives.
  • Ensure the smooth execution of lending initiatives by integrating risk management processes and protocols throughout operations.
  • Evaluate channel partners based on their business models, product offerings, operational processes, and overall creditworthiness, ensuring strategic alignment with organizational risk policies
  • Assess and mitigate operational and process risks in collaboration with channel partners, focusing on minimizing external risks to the organization.
  • Analyze and understand MLAP/STSL, including key elements such as fraud mitigation, KYC processes, credit checks, and customer onboarding, ensuring all practices adhere to regulatory standards and mitigate risk.

Expectations

  • Clearly articulate complex risk strategies to both technical and non-technical audiences, including senior management, clients, and channel partners.
  • Exceptional presentation skills, capable of representing the organization in discussions with external partners, clients, and stakeholders.
  • Demonstrated ability to lead and collaborate with cross-functional teams across data science, product, operations, and business units.
  • Strong interpersonal skills to build and maintain effective relationships with internal and external stakeholders.
  • Ability to conduct detailed data analysis and risk assessments, interpreting metrics to drive strategic risk management decisions.
  • Innovative problem-solving approach to address complex underwriting and risk management challenges.

Qualifications

  • Bachelor's degree in Finance, Business, Economics, or a related field (MBA or advanced degree preferred).
  • 5-8 years of experience in risk management, underwriting, or portfolio management in the financial services industry.
  • Strong understanding of MLAP/STSL policy and the associated risk management practices, including fraud detection, credit checks, and process automation.
  • Proficiency in risk assessment tools, data analytics, and customer segmentation models.
  • Experience in credit risk underwriting, especially for retail or personal loans, is preferred.
  • Proficiency in data tools (R, Python, SQL) and a deep understanding of risk models and scorecards.

More Info

Job Type:
Permanent Job
Industry:
Other
Function:
Financial Services
Employment Type:
Full time

About Company

Job ID: 151738383

Last Updated: 29-07-2026 07:00:33 PM
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Product Risk Manager (Secured)

Aditya Birla Group
India

Skills:

Data Analytics, Sql, Python, R, MLAP STSL policy, credit checks, Fraud Detection, customer segmentation models, Process Automation, risk assessment tools