Vistaar Finance – Risk Head

Job Description: Head of Risk

Department: Risk

Location: Bangalore HO

Reporting To: Chief Risk Officer

Grade: V25/V26

Job Purpose:

To support the Chief Risk Officer in developing and implementing a robust risk management framework across LAP, Housing Loans, Gold Loans, MSME Loans and other lending products while ensuring effective identification, monitoring and mitigation of risks.

1. Portfolio Analysis:

– Monthly monitoring and analysis of bounce trend for different parameters

– Portfolio analysis on movement of PAR, NPA on monthly basis

– Portfolio analysis of critical policy parameters on monthly basis and develop action plans for policy updations

– Develop early warning signal mechanisms

2. Fraud Risk Management:

– Handle fraud risk management activities

– Conduct discreet checks

– Handle RCU team for risk checks and maintain TAT

3. Credit Risk Management:

– Manage the policy related responsibilities

– Manage business rule engine and system related updations

– Deviation analysis w.r.t portfolio parameters

4. Other Responsibilities:

– Support Chief Risk Officer in risk committee meeting presentations

– Manage the team members effectively

Job Requirements:

Qualification:

Graduate; MBA/CA/CFA/FRM preferred.

Experience: 15 – 20 years in NBFC, HFC, Banking or Retail Lending Risk Management.

Functional Competencies: ERM, Credit Risk, Portfolio Analytics, Risk Modelling, Regulatory Compliance.