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Job Description
- We are looking for a dynamic and experienced Rule Engine Setup Manager to oversee the implementation, configuration, and upkeep of our credit risk rule engine for Loan Against Property (LAP) products. The perfect candidate will have a solid grasp of credit risk principles, LAP product specifics, and a track record of setting up and managing rule engines within digital lending platforms. This role demands a combination of technical proficiency, risk management acumen, and project management expertise to ensure the precise and effective automation of our credit risk decision-making processes.
- Take charge of setting up and configuring the credit risk rule engine for LAP products in alignment with credit policies and regulatory requirements.
- Translate intricate credit risk policies and business logic into executable rules within the rule engine platform.
- Collaborate with product managers, risk managers, and technology teams to define and document rule specifications.
- Interpret and transform credit risk policies and procedures into rule engine logic.
- Ensure that the rule engine accurately mirrors the company's risk appetite and lending strategies.
- Conduct thorough testing and validation of rule engine configurations for accuracy and consistency.
- Collaborate with data engineering teams to seamlessly integrate data sources with the rule engine.
- Define and oversee data mapping and transformation processes.
- Ensure data quality and integrity for smooth rule engine operations.
- Develop and implement comprehensive test plans for rule engine configurations.
- Identify and address defects and issues in rule engine implementations.
- Ensure the rule engine's performance, accuracy, and reliability.
- Monitor rule engine performance and identify optimization opportunities.
- Keep rule engine configurations updated to reflect policy or regulatory changes.
- Troubleshoot and resolve rule engine issues promptly.
- Ensure the rule engine complies with all relevant regulatory requirements and internal policies.
- Maintain proper documentation of rule engine configurations and modifications.
- Support internal and external audits related to rule engine operations.
- Work closely with cross-functional teams to ensure successful rule engine implementation and operations.
- Effectively communicate with stakeholders regarding rule engine status and issues.
- Bachelor's or master's degree in Computer Science, Information Technology, Finance, or a related field.
- 7+ years of experience in credit risk management, particularly in the LAP sector.
- 5+ years of experience in setting up and managing rule engines or business rules management systems (BRMS).
- Strong understanding of credit risk principles, property valuation, and legal due diligence.
- Experience with digital lending platforms and automated decision-making systems.
- Familiarity with RBI regulations and compliance requirements.
- Excellent analytical, problem-solving, and project management skills.
- Experience with API integrations and data mapping.
Responsibilities:
**Rule Engine Implementation & Configuration:**
**Risk Policy Translation:**
**Data Integration & Management:**
**Testing & Quality Assurance:**
**Monitoring & Maintenance:**
**Compliance & Audit:**
**Collaboration & Communication:**
Qualifications:
This is a full-time, permanent position with benefits including health insurance and paid sick time. The work schedule is during the day shift and requires in-person presence at the work location.,
Skills
ManagementCredit Risk ManagementAPI IntegrationsMonitoring MaintenanceData MappingTesting Quality AssuranceCompliance AuditRisk Policy TranslationData IntegrationRule Engine SetupCollaboration CommunicationLoan Against PropertyIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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