Associate VP -- Risk, Rural Finance

ABC Consultants Pvt. Ltd.
  • Mumbai
  • 15-25 lakh
  • 8-15 years
  • 11 Jun 2015

  • Risk Management

  • Banking - Retail, NBFC, Banking - Corporate
Job Description

Key Objective:

To manage portfolio quality of Rural Finance business which would include (Tractor loans, Rural Auto and Agri & Agri allied businesses), maintain Process & Policy controls through effective data analysis & interaction with business colleagues.

Major Deliverables:

1. To act as the primary point of contact with respective 

    business units regarding risk policies & processes. Includes 
    facilitating with the various business verticals, regular        
    feedbacks which could lead to process/policy improvements.

2. Design/develop/review policies, processes, products, 
   delegation of authority, for the above businesses from risk 
   management perspective, in line with best industry practices.
3. Regular Data analysis to assess the portfolio performance 
    v/s stipulated triggers as per the respective Credit policy 
    and to provide regular feedback to the business on the same.

4. Ensure proper co-ordination between Operations, Sales, 
    Credit & Collections for efficient Delinquency 
    management maintain good portfolio quality at all times.

5. Prepare presentation for various Risk reviews -- Retail Risk 
    review, Operations Committee, Risk Management 
    Committee etc.

6. Underwriting of high value & high risk cases within each 
    Rural Finance business flowing to Risk for appropriate 

7. To develop risk scoring and pricing models for these 
     businesses for the purpose of decision making and pricing. 
     Should have good understanding of statistics and practical 
     knowledge of development and implementation of risk 
     scoring and pricing models.

8. Proactively manage the risk in the portfolio by giving leading 
    indicators to the business and monitor action taken by the 
    business to mitigate the risk.

Specialized Job Competencies:

1. Good understanding of Rural Businesses (Tractor loans, 
    Rural Auto and Agri & Agri allied businesses) processes 
    across different markets of the country.

2. Ability to understand process weaknesses from risk and 
   control perspective and make suitable recommendations.

3. Ability to comprehend, analyse & present data in a 
   meaningful way, good presentation, excellent communication 
   & interpersonal skills required.

4. Should have underwriting experience & exposure to Rural 
    Finance businesses. Varied exposure to as many Rural 
    Finance businesses as possible would be preferred.

Educational Qualification:

Preferably CA or MBA( Finance)

Desired Experience:

At least 12-13 years overall experience in Rural Finance Credit with preferably 3-4 years of experience in Risk department in an organization with strong risk management culture.

Competencies/Skill sets for this job

Risk Credit Risk Underwriting Credit Policy Policy & Risk

Job Posted By

Priyanka Sondhi
Research Associate

About Organisation

ABC Consultants Pvt. Ltd.