JOB PURPOSE
- The key objective is to set up a best-in-class risk management platform covering framing of overall and specific policies including product programs, policy and execution of credit initiation (underwriting), collection and debt recovery, fraud risk management as well as analytics necessary to support the risk management function. The role will also be responsible for recruitment, training and development of personnel at all levels to create a sustainable risk management team. The key aim is to optimize credit costs for maximizing profit.
- Credit performance, NPL (non-perfoming loan) and provisioning projections based on Annual Sales Budget
- Capacity planning and cost projections for Credit Operations (Credit Initiation and Collection)
- Stress test, Simulations and Cost-Benefit Analysis for Credit Operations
- Prepare and update Risk Management Policy, Product Programs and Credit Operations Manuals
- Design and produce portfolio quality reports, Credit Operation MIS, Fraud MIS and other dashboards
- Monitor and improve fraud risk control activities
- Monitor and improve collection efficiency
AUTHORITY/ RESPONSIBILITY AND QUANTATIVE DIMENSIONS
- Final decision on how analysis result can be used, e.g. risk/approval strategies, solutions for risk issues etc. To execute changes regarding auto approval process.
- Changes related to risk appetite of Retail portfolio
- Credit quality of Retail Portfolio – provision, NPL
- Retail Portfolio Growth
- Approval rate
REQUIREMENTS
Educational Qualifications
- Post Graduate (MBA/CA) preferred
- Academic qualifications in Analytical disciplines - preferred (eg Economics, Quantitate Finance, Mathematics, Actuarial, Physics, Engineering etc)
- Professional / International Risk Management Organizations Memberships/Qualifications – preferred
- Expert in English: Reading, Listening, Writing & Speaking
Relevant Knowledge/ Expertise
- Wide range of Retail Banking Products (Secured and Unsecured), specifically: Managed a portfolio of at least $ 3.0 Billion + experienced both in secured & unsecured products (the more the better of products)
- Data Analytics
- Credit Risk policy,
- Credit underwriting and
- Collections Management
- Risk Modelling (Preferred)
Relevant Experience
- At least 7 years of experience in Risk Management in Retail Banking
- At least 3 years experience as Head or deputy Head of Retail Risk for a portfolio > $3.0 B or at least 5 years of experience in managerial positions. Experience as CRO/Deputy CRO is preferred.
- Nice to have experience in working in Asia (MORE than one country) and specifically in developing countries across Retail Banking
- Some experience in Vietnam Market (Preferred)
Required Competencies
- Strong people management, analytical, numerical skills
- Significant experience in working directly with C-level stakeholders (preferred)
- Large Team leadership
- Superior Problem Solving & Expert Negotiation skills
- Expert Communicator
- Proactive and Creative in Working.
