Risk Manager - Consumer Risk and Collateral Management

Risk Manager-Support Services-Consumer Risk

To manage collateral risk across the mortgage portfolio by ensuring continuous monitoring of collaterals onboarded, assess technical & legal deviations taken at approval stage. The role involves creation of collateral policies, establish market specific collateral processes and conduct hindsight of the cases. 

Key Responsibilities:

 

• Policy Development: Formulate and maintain collateral policies for diverse mortgage products, including Loan Against Property (LAP), Home Loans (HL), and Affordable HL/LAP. 

• Policy Review & Enhancement: Conduct periodic reviews of existing policies and recommend revisions based on portfolio performance and emerging trends. 

• Risk Assessment: Perform daily hindsight analysis at the case level for all approved and/or disbursed cases to ensure compliance and mitigate risk. Initiate market value audit process for disbursed cases and identify gaps, if any. 

• System Configuration: Ensure accurate configuration of collateral workflows within the system and propose necessary enhancements to optimize processes. 

• BRE Implementation: Implement collateral-related policy rules in the Business Rules Engine (BRE) to strengthen governance and controllership. 

• Risk Management Framework: Design and maintain a comprehensive risk management framework encompassing identification, assessment, mitigation, monitoring, and reporting of risks. 

• APF Management: Oversee Approved Project Finance (APF) policies and processes, and develop builder/project scorecards for effective evaluation. 

• Regulatory Compliance & Control: Assess products, programs, and policies to ensure alignment with regulatory guidelines, and establish robust risk controls across all functions, including Onboarding, Credit, Operations, Fraud, and Reputation Management.

Job Requirements:

 

• BE (Civil) / B.Arch / MBA (Construction or Project Management)

• 10-12 years of experience of managing collateral risk and/or collateral assessment in Banks/NBFCs/HFCs 

• Must have experience in handling legal evaluation in mortgage portfolio 

• Experience in implementing scorecard models in policy and credit decisioning process.

• Experience in implementing BRE and rule-based underwriting and enabling automation of credit checks. 

Experience Level

Senior Level