Website HERO FINCORP LIMITED
JOB DESCRIPTION –
Job Title: Sr. Associate – UCL Risk & Policy (Sale Purchase)
Band/ Grade: 3
Reporting To: Lead – Risk & Policy – Auto Lending
Department: CRO Unit
Locations hiring for: Corporate Office – DLF Downtown
State: Haryana
Responsibilities for the job:
– Support policy formulation and portfolio management for Used Car Loans lending businesses.
– Design, implement and monitor risk policies for Used Car Loans, New Car Loans and Electric Commercial Vehicle portfolios.
– Define customer eligibility criteria, FOIR, bureau, LTV norms and exposure limits.
– Drive periodic policy reviews based on portfolio performance and business requirements.
– Define dealer onboarding and dealer grading frameworks, analyse dealer and channel wise performance and recommend actions.
– Recommend dealer-level approval limits and exposure controls.
– Evaluate new channel partners, aggregators and marketplaces from a risk perspective.
– Define and establish RC transfer exception handling framework.
– Drive policy decisions on ownership transfers, valuation gaps and documentation deficiencies.
– Define and monitor PDD requirements, pendency and risk-based waiver framework.
– Monitor PDD pendency and closure performance.
– Recommend automation and process improvements to reduce operational risk.
– Drive digitization and automation of risk and policy controls.
– Track performance of policy changes through approval, bounce and delinquency trends.
– Conduct RCA of policy-driven portfolio deterioration.
– Recommend policy refinements based on data analysis.
– Coordinate with Product, Sales, Collections and Operations teams.
– Assist in audit, compliance and regulatory requirements.
Eligibility Criteria for the Job:
Education:
MBA/Btech/MSc
Work Experience:
5 – 8 years of work experience in Used Car, Auto Loans, Personal Loan, Credit Card or Retail Lending Risk.
Primary Skill:
Strong understanding of Auto lending products
Technical Skills:
Risk Policy, Bureau Analytics, Portfolio Monitoring, Strong analytical skills coupled with good understanding of Credit Risk management & scorecards, PDD management. Python/SAS/SQL mandatory.
Soft Skills:
– Strong communication and presentation skills
– Collaboration and Influencing skills
– Ability to independently think and contribute individually to wider stakeholders
To apply for this job please visit www.iimjobs.com.
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