Risk Manger - Corporate Credit Cards - Mumbai

Job Description:

Role/ Job Title: Risk Manager – Credit Cards

Function/ Department: Retail Business Risk

Job Purpose:

The role entails the responsibility of assessing, managing, and reporting risks for the Corporate Credit Card vertical for IDFC FIRST Bank. Candidate shall be responsible for end-to-end drafting of credit policies and implementing strategies in BRE along with stakeholder management. 

Roles & Responsibilities:

• Skills includes prior work experience in Commercial / Corporate Credit Card Underwriting with sound understanding of Financial Statements and Reports, Cash Flow, Balance Sheets, Financial Ratios, Type of Liabilities (Individual, Joint, Several) etc. 
• Ensure effective coverage of risk and that the asset portfolio is in line with desired risk level. It includes preparing Risk assurance reports, summaries for senior management to develop strategies aligning to the larger objectives of the bank.
• Maintain, and continuously improve the risk management strategy and frameworks for IDFC First Bank.
• Work with Business, Credit, Group Risk Team to formulate policy constructs, drive improvements and enhancements based on experience and assessments performed.
• Ensure documentation of key risk indicators and controls for any critical process or key product launch. 
• Support the review and assessment of the asset portfolio and early warning signal effectiveness to ensure that portfolio risk is minimized.
• Ensure that portfolio risk reports and dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards.
• Assist in performing a periodical review of the bank’s products and processes and provide risk mitigation controls and training to business to facilitate optimum protection of IDFC's business interests.