Job Description

Job Reference
* JR00094557



Job Summary
* Cluster Manager - Risk/Senior Cluster Manager - Risk


Job Purpose
“This position is open with Bajaj Finance ltd.” Design, implement and fine tune risk policies for Credit cards business with the objective of keeping portfolio loss within target.


Job Duties & Key Responsibilities
* Duties and Responsibilities - PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) • Develop/ refine risk policies risk governance & reporting system for Credit Cards products as part of AOP & ensure adherence to prevent any kind of risks • Ensure operationalization of risk framework & strategies through technology & workflow integration. Portfolio & risk assessment • Review portfolio on periodic basis across various risk metrices maintain portfolio quality by managing loss rates conducting loss analysis & work closely with functional teams RCU Collections & Business teams 4. MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job) • Optimize and balance risk with sustainable and profitable growth • Data analysis to convert Information to Insight to Impact • Constant awareness of external credit environments and ability to assess when and how to act Ability to Predict losses and delinquency with reasonable accuracy 5. DECISIONS (Key decisions taken by job holder at his/her end) NA 6. INTERACTIONS (Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job) Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work Business IT BIU External Clients Roles you need to interact with outside the organization to enable success in your day to day work Partner Bank Risk and UW team 7. DIMENSIONS (Key numerical data which will reflect the scope and scale of activities concerning this job) Financial Dimensions (These should be quantifiable numerical amounts) • Loss Management and Portfolio Delinquencies with defined threshold • Enable business volume delivery Other Dimensions (Significant volume dimensions associated with the job)  Total Team Size: 13  Number of Direct Reports: 0  Number of Indirect Reports: 0  Number of Outsourced employees: 0  Number of locations: Pune  Number of products: 1 (Credit Cards) 8. SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications a) Qualifications • Bachelor’s Degree in Economics Computer Science Math Physics Engineering or related quantitative field • Technical knowledge of SQL SAS/Python and PowerBI/Tableau • Effective analytical data management and presentation skills • Knowledge of principles in risk management (life cycle management of customer credit) • Understanding of Business rule engine/ basic skill on coding & analytics • Knowledge of IT related processes platform being leveraged for risk management



Required Qualifications and Experience
* b) Work Experience Relevant experience of 5-6 yrs+