Job Description
| RC - Process Solutions Lead | |||||
| INTERNAL USAGE: | |||||
| No. of Vacancies: | Reports to: | SVP Head Process team | |||
| Is a Team leader | Y | Team Size: | NA | ||
| Grade: | VP/ AVP | ||||
| Business: | Corporate Center | Department: | Retail Credit | Sub-Department: | Process team |
| Location: | Mumbai | ||||
| About Retail Credit | |||||
| The Retail Credit department in the Bank is a Credit Underwriting department for all the Retail clientele of the Bank. It is also responsible for ensuring the maintenance of a good portfolio quality and for ensuring smooth credit appraisal processes by automation/ digitization. | |||||
| AbouttheRole | |||||
| The Process team is responsible for designing and implementation of Credit processes on the origination systems. The role is responsible for automation and digitization of credit processes to improve process efficiency and productivity. | |||||
| Key Responsibilities | |||||
Automation of Credit processes by modification of systems or Implementation of digital solutions Analyzing requirements gathering, Designing and Implementing Solutions. Create credit processes from scratch, identify existing process bottlenecks and streamline the same. Developing required documentation such as process flow diagrams, SOPs, BRDs, KPIs, RACI, gap analysis reports, presentations etc. Review credit process/ systems from login to sanction. Reinforcing and embed strong control framework around current processes. Modify processes as per new requirements / regulatory / audit / to increase STP. Responsible to raise CRs with BSG / IT for any changes in systems. Also manage change requests raised by the end users (Credit Team) with liaison with BSG and IT teams Manage life cycle of change requests Track the project from initiation to final execution (Go-live) with a detailed project plan to monitor and track progress Ensure end to end and transparent co-ordination between the relevant stakeholders i.e. BSG, Credit Team and IT, for a successful and quick implementation of Change request Be involved in the UAT testing and make sure of closure of all the defects raised, if any. Finalizing, arranging and being an active participant of SOP walkthrough, to all the relevant stakeholders before rollout of any change request in production
Responsible for regular presentations to Senior Management on Credit team performance (Login/Sanction/ Delinquency/ STP / ProjectsEnsure timely completion of key deliverables, audit queries and adherence to the corporate retail policy/ scheme. | |||||
| Qualifications | |||||
Graduation/ Post- Graduation (MBA/ CA preferred) from a recognized institute Experience of atleast 10-15 years in Retail credit processing/ retail credit automation/ digitization. | |||||
| Role Proficiencies: | |||||
For successful execution of the job, the candidate should possess: Knowledge of credit, relevant industry and product trends Knowledge of regulatory guidelines and norms Knowledge of Origination systems/Fintech/Digital services available in the market. Should have worked on Finnone/ Newgen/Blaze advisor/finnacle. Knowledge of co-lending/FLDG systems and processes. Good communication (both verbal and written) skill in both English and the local language Ability to handle pressure and meet deadlines |
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Key Skills
Refer to the Job Description
