Responsibilities:
• Monitoring portfolio distribution, concentration, and segmental risk. Monitor portfolio performance and risks emanating from the same across product, geography, program etc.
• Monitoring Portfolio risk through dashboards and early warning signals, risk limit framework. Close monitoring of early warning indicators, early delinquency, bounce rates, non-starters and other trends.
• Continuous and structured monitoring of credit underwriting policies, framework and related processes for respective products. Approval of new policies, programs and review/amendments of existing policies.
• Keep a watch on the budgeted credit loss vis-à-vis actual credit losses and early indicators to suggest appropriate policy changes.
• Suggesting improvements in underwriting policies, processes based on portfolio performance and market trends.
• Working closely with model risk and BIU team to get risk estimation models fine-tuned.
• Trigger monitoring and control – Coordinating with analytics team for preparation/improvement in various management dashboard/ Analysis/ development of score card
• Pointing out the opportunities, issues and suggesting corrective action to the stakeholders
• Track risk management best practices across industry and evaluate the same for implementation.
• Regular coordinate with various units including Finance, Credit, Policy, Audit etc.
Candidate profile:
• BE +MBA Finance/ CA
• Preference for certifications like FRM, PRM, CFA etc
• 2+ years of relevant experience in Credit Risk
• Flair for analytics
• Understanding of retail finance products, services and processes of NBFCs, Banks
About the company
Piramal Capital & Housing Finance Limited, formerly known as Dewan Housing Finance Corporation Ltd. is a wholly owned subsidiary of Piramal Enterprises Limited (the flagship company of Piramal Group), that is engaged in financial services business.
It provides both wholesale and retail funding opportunities within real estate and non-real estate sectors. Within real estate, the platform is capable of providing financing solutions across the entire capital stack ranging from early stage private equity, structured debt, senior secured debt, construction finance, flexi lease rental discounting and housing finance.
The company is registered with National Housing Bank (NHB) as the housing finance company since 28th August 2017. It offers home loans as well as loans against property and construction finance for small developers.
Apart from real estate, the wholesale business also includes a separate vertical, called the Corporate Finance Group, which aims to provide customized funding solutions to companies across sectors such as infrastructure, renewable energy, roads, industrials and auto components.
It also has a fiduciary fund management – Piramal Fund Management that advises institutional and retail investors alike, through customized strategies such as the Mumbai Redevelopment Fund focused on slum rehabilitation and the Apartment Fund focused on bulk buying individual units as well as larger separate account mandates through its partnerships with leading global pension funds such as CPPIB, APG and Ivanhoe Cambridge.
The business has expanded into lending towards Small and Medium Enterprises (SMEs) with the formation of an Emerging Corporate Lending Group.
https://www.linkedin.com/jobs/view/3440557420
