Bajaj FinServ
Pune
Lending
Job Reference
* JR00079712
Job Summary
* Unit ManagerRisk/Senior Unit ManagerRisk
Job Purpose
“This position is open with Bajaj Finance ltd.” Risk Management is core to Bajaj Finance. Most of the decisions in Risk Management are data driven and analytical. In order to get faster decision and assess risk of customers during loan acquisition and account management, Regular monitoring, Portfolio Analysis & statistical models are required to look quality and performance of Portfolio. Based on the learnings from analysis, monitoring & statistical models, scorecards are prepared which assesses the probability of default of a customer and based on that different decisions like approve/decline, line assignment, Policy Norms and collections are taken.
Job Duties & Key Responsibilities
* Duties and Responsibilities Audit of Post disbursement activities & RC Limit Process Monitoring adherence of PDD staircase norms Review & audit of cases where PDD is not closed in withing given timelines Discussion with Internal team for closure of PDD within given timelines Monitoring of RC Limit assignment to dealers RC Limit Utilization monitoring Monitoring Dealer performance Preparation and maintenance of adequate MIS for Acquisition and Portfolio tracking Audit of monthly acquisition to check adherence of policy parameters Monitor<xqyqz> maintain and improve all scorecards<xqyqz> policies and processes for UCF portfolio and ensure its effectiveness Support any adhoc deep dive data analysis on portfolio matrices Track and improve key performance indicators<xqyqz> losses and portfolio quality. Provide deep dive analysis on portfolio matrices. Assess if any early warning signals using data analysis and segmentations and take pro-active policy actions as and when required Work closely with Business<xqyqz> Product<xqyqz> Sales<xqyqz> Credit and sales compliance teams to support business growth and drive new initiatives 4. MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job)Currently Maker and checker is same for PDD and RC Limit Process<xqyqz> need specific resource for audit and monitoring of PDD & RC Limit process 5. DECISIONS (Key decisions taken by job holder at his/her end)6. INTERACTIONS (Interaction with internal team for any observations) Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work Information Technology (IT)<xqyqz> Portfolio Business heads<xqyqz> Chief Risk Officer<xqyqz> COE Team<xqyqz> Product<xqyqz> Sales<xqyqz> Credit<xqyqz> Operations team<xqyqz> Sales Compliance team External Clients Roles you need to interact with outside the organization to enable success in your day to day work Used Car Dealers/ DSA 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) Other Dimensions (Significant volume dimensions associated with the job) Individual contributor
Required Qualifications and Experience
* 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 • Qualifications MBA / Postgraduate with 1-3 years in Finance & quantitative subjects • Work Experience • 1-3 years relevant analytical experience in Financial/Lending & data work • Preferred skills: MS office • Classical statistical techniques: Regression, Logistic regression, Clustering, Dimensionality reduction techniques, Hypothesis testing. • Individual contributor with the capability to deliver projects within timeline • Experience in handling huge data base and the ability to do root cause analysis. • Effective verbal and written communication skills
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