Job Requirements
About the Role
The
Senior Risk Manager Commercial Vehicles will be responsible for overseeing the risk framework for the Commercial Vehicle business. This role involves managing portfolio risk, formulating and maintaining policies, and ensuring compliance with audit requirements. The position is based in Mumbai and requires a strategic mindset to balance growth with prudent risk management.
Key Responsibilities
Primary Responsibilities
- Conduct regular asset quality reviews and provide analytical insights to identify risks and opportunities, recommending appropriate actions.
- Review and update program risk acceptance criteria in response to changes in legal/regulatory requirements, business strategies, market conditions, or portfolio performance.
- Strengthen controls to mitigate risks across onboarding, credit, operations, fraud, and reputation.
- Forecast portfolio trends, estimate potential losses, and implement control measures.
- Monitor portfolio delinquencies at a granular level, identifying high-risk segments, locations, and customer profiles.
- Align product risk appetite with growth objectives and the Bank's Risk Appetite Framework, including risk-based pricing strategies.
- Drive technological interventions such as scorecards, digital journeys, and process automation to enhance efficiency.
- Collaborate with internal stakeholders to leverage synergies and ensure cohesive policy execution.
Secondary Responsibilities
- Drive automation of risk policies to enhance operational efficiency and system integration.
- Support cross-functional initiatives and contribute to strategic projects that enhance the Bank's risk and policy framework.
- Provide thought leadership in policy development and risk governance.
What We Are Looking For
Education
- Graduation: Full time graduate in any discipline from a recognised institution.
- Post-graduation: MBA from a recognised institution.
Experience
- Minimum of 6 years of experience in policy management, risk governance, or related roles within the banking or financial services industry within industry.
Skills and Attributes
- Strong analytical and problem-solving skills with a data-driven approach.
- Deep understanding of retail banking products and risk management principles.
- Ability to influence and collaborate with cross-functional teams.
- Excellent communication and stakeholder management skills.
- Proficiency in leveraging technology for policy implementation and process improvement.
- Strategic mindset with attention to detail and regulatory awareness.
