Retail/SME RISK Analyst

Clarity Consulting
  • Delhi
  • 10-15 lakh
  • 6-10 years
  • 09 Jul 2015

  • Business Analytics

  • Financial Services/ Capital Markets
Job Description

Primary Purpose of this position:

Responsible to assist the credit head with implementation of risk framework for Retail / SME unsecured credit lines.

Key Performance Areas (KPAs):

Creating a credit risk policy to ensure the policy reflect best practice.
Identifying, creating and validating the variables that will be used in online lending model.
Risk grading the customers based on the profile, demographics and other characteristics.
Design risk tolerance by creating different level of checkpoints in the credit risk assessment process to ensure right risk is taken.
Create a strong fraud control check in system.
Design the automated workflow for the credit assessment, define the various case scenarios and automate most of the decisions to create an artificial intelligence for underwriting in the system.
Validate the system results and monitor portfolio performance.
Collaborate with technical team, prepare test cases and do a user acceptance test for products made. Use the credit risk domain knowledge to be topped up with open source information to enrich the quality of decision making.

Core Competencies:

Applying domain expertise & technology
Learning & Researching
Formulating strategies & concepts
Entrepreneurial & commercial thinking
Drive to investigate situations
Ability to use initiative

Experience/Qualification/ Knowledge

Atleast 6-7 years of risk management experience on unsecured loans/ Credit cards / Business Instalments Loans/Small Business Loans/SME Loans.
Good understanding of the Credit Bureau (CIBIL / Experian etc)
Should be a Engineer/CA/MBA/ by qualification with domain expertise.
Should have worked in a Bank / NBFC / Credit Card company.

Skills Required

Understanding of complex data, ability to retrieve information and use it for decision taking
Knowledge of trends in lending market, vision to think beyond what exists and to be able to convert the vision to a business case scenario.
Independent workerwith strong logical and analytical thinking capabilities.
Good organiser, team player, excellent communication and presentation skills.

The role requires the candidate to have a forward looking thinking to help build a scalable and sustainable business model. Understanding of life cycle approach to lending will be an added advantage.

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Clarity Consulting