Lead Risk & Sr Risk Manager-Home Loan-Mumbai-BKC

Job Description:

1. Risk Assessment & Underwriting

• Develop and implement risk assessment models for home loans.
• Analyze borrower profiles, financials, credit scores, and collateral to ensure sound underwriting decisions.
• Review loan proposals and approve/recommend them based on defined credit policies.
• Identify early warning signals for potential loan defaults.

2. Policy & Framework Development

• Design and update home loan risk policies in line with regulatory requirements and market trends.
• Establish risk tolerance limits and ensure adherence to the banks credit risk framework.
• Work closely with product and business teams to balance growth and risk.

3. Portfolio Monitoring & Risk Mitigation

• Monitor the home loan portfolio’s health using risk metrics (NPA trends, delinquency ratios, etc.).
• Conduct stress testing and scenario analysis to assess potential risks.
• Implement risk mitigation strategies for high-risk loans.

4. Regulatory & Compliance Management

• Ensure compliance with RBI guidelines and other relevant banking regulations.
• Support internal and external audits related to credit risk and home loan operations.
• Maintain risk documentation and reporting for regulatory submissions.

5. Technology & Data Analytics

• Leverage data analytics and AI/ML models for better risk prediction.
• Work with IT teams to enhance risk management tools and automation.

6. Team Management & Stakeholder Collaboration

• Lead and mentor a team of risk analysts and officers.
• Collaborate with sales, credit, legal, and operations teams to maintain a balanced risk-reward approach.
• Provide risk insights to senior management for strategic decision-making.