Lead Policy Lap Gurugram

Role & responsibilities To undertake key tasks pertaining to end-to-end Risk Management for the LAP LOB, including working closely with all stakeholders like sales, credit, operations, compliance, finance, etc. Key Responsibilities Responsible for overall performance of the LAP portfolio, balancing growth with risk discipline Bouncing and delinquency management and ensuring Credit Cost for the product remain within budgeted numbers and are best in the industry Portfolio Monitoring & Asset Quality Management, including collateral quality and risk concentrations Preparation of Risk Decks and presenting the same to Senior Management Identifying business opportunities for risk-calibrated growth using historical portfolio trends and off-us data Formalizing sectoral risk appetite, understanding segment behavior and monitoring portfolio + current business inflow against the same Ensuring cross-functional collaboration across functions to build a robust and predictable book, including closely working with Sales, Credit, Legal, Technical, Collections, Litigation teams Carrying product and policy knowledge and being updated on industry level developments in the product, competition benchmarking and bringing that intelligence into our policies and processes Monitoring credit processes for ensuring robust verification processes & eligibility assessment methods Providing policy support to ensuring end-to-end automated/digital lending processes in the LOB Evaluating various partnerships, direct assignment and securitization transactions, including providing policy & risk related inputs and undertaking risk assessments as well as monitoring such portfolios Post disbursal monitoring including security documents, PDDs, ROC charge, CERSAI Ensuring compliance to regulatory guidelines and monitoring the same Hindsighting LAP loans, from credit/legal/collateral point of view to ensure compliance to laid down policies and processes Periodic revaluation of collaterals to assess security covers Managing the end-to-end Asset Held for Sale (AHS) process including security, maintenance, auction etc. Lead internal and external audits Anticipate impact on business when driving decisions to balance risk/reward without compromising portfolio quality levels. Preferred candidate profile 14- 20 Yrs in LAP credit risk policy in Bank / NBFC .