Risk Manager - Education Loans

Job Requirements About the Role The Risk Manager – Education Loans will be part of the Retail Business Risk function within Retail Banking, based in Mumbai . The role is responsible for managing, assessing, and monitoring policy norms for Education Loans. It involves defining the risk appetite, shaping broad-level policies, facilitating technological enhancements, and ensuring compliance with statutory guidelines, The incumbent will work closely with cross-functional teams including Product, Operations, Sales, IT, Credit, and Business Intelligence to ensure robust credit decisioning, portfolio monitoring, and governance. Key Responsibilities Primary Responsibilities

• 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 and regulatory requirements, business strategies, market conditions, or portfolio performance.
• Build strong controls to mitigate risks across onboarding, credit, operations, fraud, and reputational domains.
• Monitor portfolio delinquencies at a granular level, identifying high-risk segments, locations, and customer profiles.
• Define and shape product-level risk appetite in alignment with the bank’s overall risk framework and growth objectives, including risk-based pricing strategies.
• Facilitate the implementation of technological interventions such as scorecards, digital journeys, and process automation to enhance efficiency.