Product Risk Manager - Risk & Policy

Role Overview

As a Product Risk Manager at Aditya Birla Capital based in Maharashtra, you will be central to overseeing and mitigating portfolio risks, developing policies, and enhancing our risk management framework through data-driven insights and innovations.

Key Responsibilities

• Conduct periodic risk reviews across credit default, operational, and concentration risk dimensions within the portfolio.
• Retrieve and analyze data from various systems and credit MIS to develop insightful risk dashboards utilizing Excel and Power BI.
• Compile comprehensive presentation decks for regional, Product Due Diligence (PDD), CRO, and CEO level reviews incorporating bounce analysis and feedback coordination with business and credit teams.
• Lead and support automation and digitization projects to improve risk monitoring and reporting processes.
• Design and implement improved early warning systems and risk scorecards for credit applications and ongoing monitoring.
• Drive the formulation and approval of policies, including evaluation of new products and benchmarking against peer practices, ensuring a thorough understanding of credit risk implications.
• Champion process improvements, automation initiatives, and system advancements to bolster risk management effectiveness.

Required Skills and Expertise

• Strong analytical capabilities to interpret complex data and derive actionable risk insights.
• Experience with data visualization tools, especially Excel and Power BI, for developing dashboards.
• Knowledge of credit risk assessment and portfolio risk management.
• Ability to lead policy development and product risk evaluation initiatives.
• Process improvement skills, including automation and digitization focus.

Additional Information

This is a full-time, onsite position located in Maharashtra, India, with opportunities to influence high-level risk strategy and policy within a major financial institution.