Senior Risk Manager-Education Loan

Job Requirements
About the Role
The Senior Risk Manager Education Loan will be part of the Retail Business Risk function within Retail Banking, based in Mumbai . This role is responsible for driving book growth through the implementation of a robust Education Loan policy and credit decisioning framework. The incumbent will ensure portfolio quality, adherence to governance standards, and cost-effective risk management. The role also involves benchmarking industry best practices and leveraging digital processes to enhance efficiency and control.
Key Responsibilities
Primary Responsibilities

• Drive book growth by implementing a new Education Loan policy and credit decisioning framework.
• Conduct regular asset quality reviews and provide analytical insights to identify risks and opportunities, recommending appropriate actions.
• Review and update program risk acceptance criteria in response to changes in legal/regulatory requirements, business strategies, market conditions, or portfolio performance.
• Strengthen controls to mitigate risks across onboarding, credit, operations, fraud, and reputation.
• 
  Forecast portfolio trends, estimate potential losses, and implement control measures.
• Monitor portfolio delinquencies at a granular level, identifying high-risk segments, locations, and customer profiles.
• Align product risk appetite with growth objectives and the Banks Risk Appetite Framework, including risk-based pricing strategies.
• Drive technological interventions such as scorecards, digital journeys, and process automation to enhance efficiency.
• Collaborate with internal stakeholders to leverage synergies and ensure cohesive policy execution.
  

Secondary Responsibilities

• Support cross-functional initiatives and contribute to strategic projects that enhance the Banks risk and policy framework.
• Provide thought leadership in policy development and risk governance.
  

What We Are Looking For
Education

• Graduation: Full time graduate in any discipline from a recognised institution.

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• Post-graduation: MBA from a recognised institution.
  

Experience

• Minimum of 6 years of experience in policy management, risk governance, or related roles within the banking or financial services industry within industry.
  

Skills and Attributes

• Strong analytical and problem-solving skills with a data-driven approach.
• Deep understanding of retail banking products and risk management principles.
• Ability to influence and collaborate with cross-functional teams.
• Excellent communication and stakeholder management skills.
• Proficiency in leveraging technology for policy implementation and process improvement.
• Strategic mindset with attention to detail and regulatory awareness.