Head - Retail Risk - Bank

Job role:- To lead the Digital Retail Risk Portfolio of the Bank- To ensure development, implementation, and maintenance of credit risk scorecards and related policies for credit risk management decisions,- Proactive Portfolio Analytics to ensure a pro-active approach to monitoring and underwriting.Key Result Areas:- Creating the risk and underwriting policies, infrastructure, development and deployment of underwriting models, risk decision strategies and fraud detection.- Being involved in the full life cycle and straddle credit-and non-credit functions (initially).- Working closely with the senior management team and lending partners in managing Risk/Return of the portfolio, defaults and collections- Provide recommendations to update the model based on latest data and analysis- Prepare / support on regulatory reports relating to retail credit portfolio in line with internal &external regulatory requirement- Assist in implementation of IFRS 9, development of Basel models for the entire retail portfolio- Deploy the models on rating system and work with IT for effective maintenance of the scoring related information- Identify analytical opportunity across credit life cycle - Acquisition, Portfolio Management and Collection Required to develop data-driven analytics to monitor the asset quality and minimize the creditRequired to develop data-driven analytics to monitor the asset quality and minimize the credit risk of retail portfolio- Ensure timely communication of scorecard monitoring and validation along with insights and recommendationKnowledge, Skills and Experience- Minimum 15 years hands on experience in model building methodologies, implementation and compliance.- Experience in Digital Loan Products- Experience in Consumer Finance Loans- Expert knowledge of credit scoring techniques- Strong analytical, numerical, research and problem-solving skills (ref:iimjobs.com