Overview:
The Risk Manager will oversee the organization's risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization.
Key Responsibilities:
- Designing and managing the consumers' credit portfolio and risk within the desired target
- Driving new experiments with deeper cust understanding and segmentation
- Leverage traditional and alternate data to create risk policies and ensure effective implementation
- Continuously plans, monitors, and reviews risk management and perform regular checking and/or surveillance to ensure that risk treatment is effective
- Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are documented and communicated across the Group
- Manage a governance structure to monitor, challenge and test business compliance with risk policies and control frameworks
- Develop, lead and maintain a center of expertise within 1st line risk management
- Maintain comprehensive credit policy inventory and facilitate timely periodic review/approval of credit policies
- Monitor and communicate new regulatory issues/guidance impacting credit policy, analyze the impact, interpret and implement into policy
Education and Experience:
- Bachelor's degree in Risk Management, Finance, or related field required.
- At least 7+ of related experience is preferred.
- Strong knowledge and experience in risk management and policy
- Excellent verbal and written communication skills.
- Excellent mathematical and critical thinking skills.
- Excellent analytical and problem-solving skills.
- Excellent organizational skills and attention to detail.
- Strong supervisory and leadership skills
Subodh Popalwar
Software Engineer, Memorres
About SmartCoin
SmartCoin is working towards building the NextGen FinTech company with a mission to provide a state-of-the-art, user-friendly and scalable lending platform. Your contribution will directly impact millions of Indians who lack access to simple and transparent financial products, the first being quick and easy loans.
We are an early-stage startup and we believe in giving complete freedom and responsibility to team members and helping them prosper in a collaborative and fun-loving environment. Our team comprises of IIT/IIM graduates with senior-level experience in various investment banks and tech start-ups. We are well funded by marquee investors and working towards building the largest and first-of-its-kind mobile app-based digital lending startup. Our founders have experience in growing and nurturing strong technology teams and have always encouraged entrepreneurship.
SmartCoin in News:
https://www.vccircle.com/unicorn-india-ventures-backs-micro-lending-startup-smartcoin/
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Core Delivery
⮚ Planning & executing Functional/ Departmental Audits
⮚ Planning & executing Concurrent Audits and ensure the process is streamlined
⮚ Providing “Early warning signal” to the Central Audit Head based on irregularities observed during the audit
⮚ Planning & execution of special audits, field audits on a need basis
⮚ To ensure that the audits are performed completed as per the audit schedule
⮚ Assisting in preparation of the annual calendar for audits and ensuring compliance to the same
⮚ Coordinate with the auditee department to discuss audit reports, obtain
clarifications, and close audits
⮚ Planning & executing follow-up audits to verify compliance to audit reports
⮚ Execute management consultancy assignments, as needed
⮚ Overall demonstrate competency in being conscience keeper & pulse-taker of business trends
⮚ Manage the team & monitor multiple ongoing assignments
Reporting & Documentation
⮚ Submitting quality & relevant Audit-Reports on time
⮚ Supervising proper audit documentation including working papers by team members
⮚ Timely reporting of incident reports, process/ policy gaps.
⮚ Identifying early warning signals of fraud with required proof
Education: Graduate/ Any other relevant professional certifications in the fields of accounting auditing
⮚ Work Experience: At least 5+ years experience in Audit, of which 2+ years experience in a managerial position
Technical Skills
⮚ Computer Knowledge, good excel-spreadsheet analytics for audit proficiency
⮚ Audit proficiency in operating Accounting & ERP software
⮚ Numeracy and a strong aptitude for big data analyst
Credit cards haven't changed much for over half a century so our team of seasoned
bankers, technologists, and designers set out to redefine the credit card for you - the
consumer. The result is OneCard - a credit card reimagined for the mobile
generation. OneCard is India's best metal credit card built with full-stack tech. It is
backed by the principles of simplicity, transparency, and giving back control to the
user.
The Engineering Challenge
“Re-imaging credit and payments from First Principles”
Payments is an interesting engineering challenge in itself with requirements of low
latency, transactional guarantees, security, and high scalability. When we add credit
and engagement into the mix, the challenge becomes even more interesting with
underwriting and recommendation algorithms working on large data sets. We have
eliminated the current call center, sales agent, and SMS-based processes with a
mobile app that puts the customers in complete control. To stay agile, the entire
stack is built on the cloud with modern technologies.
Check out our apps here:
OneCard (Best credit card app) : www.getonecard.app
OneScore (5 million downloads): http://www.onescore.app" target="_blank">www.onescore.app
Security Compliance Lead
Opportunity:
Opportunity to build GRC practice grounds up for new Age Fintech startup, lead and
implement PCI-DSS, ISO-27001, RBI compliances
What you will do:
● Be SME for all applicable regulations, guidelines and industry best practices
to manage risk and ensure compliance.
● Be the single point of contact for all external entities related to Security and
Compliance communications.
● Owner for all security documentation such as policies, standards, and
procedures.
● Owner for driving security controls across all organisation functions.
● Build continuous assessment practice which is superset of all required
regulatory compliance.
● Manages and supports Information Security Risk Management Life-cycle for
the organization.
● Provide adequate security and compliance against specific standards such as
NIST 800-53, NIST 800-171, ISO 27001, SOX, PCI, HIPAA and other
regulatory requirements.
● Identifies and formally documents deviations from published standards,
estimates risk level, recommends appropriate mitigation countermeasures in
operational and non-operational situations.
● Identify potential areas of IT compliance vulnerability and risk; guide the
accountable stakeholders to develop/implement corrective action plans for
resolution, and provide general guidance on how to avoid or deal with similar
situations in the future. Risks should be identified, assessed and monitored on
an ongoing firm-wide and individual entity basis
Experience Range:
4-8 years of experience in Cybersecurity & Risk Compliance Domain in areas
including and limited to: System Security, Network Security , SOC, Risk &
Compliance Management
Technical Expertise:
● Auditing experience in ISO-27001, SOX, NIST, PCI-DSS
● Experience with AWS Security and Compliance.
● Prior experience in the Banking and Financial domain is nice to have.
● Proven experience in Endpoint Security, Network Security, SIEM,SOC
Advanced security tools – SOAR platform, Vulnerability Management, SIEM
● Experience building Threat Modeling practice
● Strong communication skills
Hiring for Lead Auditor (QMS / ISMS) role.
Job description Below :
- Preparation Dept. Objective reports.
- Preparation of Internal Audit Schedule & Coordination /opening meeting and closing meeting.
- Follow up for Internal Audit closing of Observations.
- Preparation of Management review meeting Input & Output reports.
- Coordination Certification Audit and Surveillance (TUV-SUD) Audit for ISO 9001:2015 and ISO 27001:2013.
- Follow up for closing of Observations.
- To update QMS & ISMS Manual, Procedures, Policies, Risk Assessment Plan, SOA & Formats.
- Internal Audit of ISO - QMS & ISMS standards.
Our client is more than 2 decades old NBFC registered with the RBI. The company was set up with an aim to empower rural entrepreneurs, SMEs, and small institutions by micro-financing. The company has come a long way since its inception in 1992 and has evolved with time with the introduction of its App in the small loans sector. At present, the company has more than 5000 employees and has serviced millions of borrowers to accomplish their dreams.
The group has diversified into the education segment and is running two schools. The schools are part of one of the largest private school chains in India. The schools have a flourishing family of 350 teachers and 6500 students. The leadership team at the helm of the company has demonstrable experience in financial services and has built the company by upholding the trust of its customers.
What you will do:
- Handling various business operations at state level including but not limited to divisions of sales, collection, credit, operations etc
- Creating a strategic roadmap and execution plan of the entire portfolio of microfinance institutions at the state level
- Developing a business plan for the state to open new branches, setting goals for customer & business growth (disbursement & loan outstanding) of new branches and monitoring them with the help of AMs
- Ensuring the customer and portfolio quality
- Ensuring that the monthly, quarterly and yearly business targets are achieved as per plan
- Studying and analyzing the market size, competition etc. of the assigned geography and reporting the findings and recommendations to the management
- Handling escalations/concerns raised at various levels be it internal or from external sources
- Guiding and overseeing the end-to-end activities involved in branch setup
- Recruiting the staff basis the hiring requirement of the branch
- Guiding and leading a team of specialists who will be handling MFI portfolios
- Participating and sharing insights and relevant feedback in the performance appraisal process with team members for their growth & development
- Working closely with internal as well as external stakeholders and also responsible for MIS preparation and reporting the same to the business in regular intervals
- Ensuring adherence to Audit / Compliance as per company Standards and also compliance of related rules, laws & regulations
Desired Candidate Profile
What you need to have:- Graduation is a must
- Relevant work experience of minimum 10 years in handling MFI portfolio is required
- Work experience of handling minimum 300 to 500 crore MFIs portfolio
- Excellent communication, analytical, listening and team handling skills
- Proficiency in MS Office Suite
- Understanding customer requirements and analyzing cases in alignment with policies
- Working with the policy team to ensure the right risk parameters are captured and assessed
- Understanding industry and regulatory trends and their impact on customers to ensure the right decisions are taken
- Working closely with business functions to onboard the right set of customers.
- Working closely with operations to ensure that documentation and checks are put in place at various stages of the application lifecycle
- Developing industry-best practices and constantly striving to improve the same, basis market practices
What you need to have:
- Bachelor’s Degree with relevant work experience of at least 3 years with CA/ MBA(preferred)
- 3-4 years of experience in handling credit risk assessment for unsecured business loans. Prior experience in the Lending domain, either with a Bank/ NBFC or a lending platform.
- Very good understanding of documentation related to lending pre-disbursement (mandatory)
- Experience in working on the lending business with a Bank, NBFC, or a platform (mandatory)
- Excellent understanding of industry trends and their impact on segments
- Setup basic credit underwriting processes and scale up the vertical
- Ability to assess customers' basic standard programs like Financials, Banking, etc.
- Proficient in MS Excel and the ability to bring out insights from data
Following are some of our key solution offerings · Risk Based IT Internal Audit · IT SOX 404 Controls Testing, Quality Assurance · IT Attestation (SOC1/SOC2/ISAE 3402, ISAE 3000 etc.) · Internal Financial Controls related to IT General Controls · IT General Controls as part of Financial Statements Audits · IT Risk & Control Self-Assessment · Business Systems Controls / IT Application Controls · Auditing Emerging Technologies such as Cloud, Intelligent Automation etc. Position: Associate Consultants/ Consultants/ Assistant Managers Location: Bengaluru .
Responsibilities
Industry Experience: · Plan and execute the day-to-day activities of IT audit engagements for clients, including system development, package implementation, SSAE 16 readiness assessments, and/or platform reviews within multiple industries · Evaluate the design and effectiveness of technology controls throughout the business cycle · Identify and communicate IT audit findings to senior management and clients · Help identify performance improvement opportunities for assigned clients Additional Responsibilities for Assistant Managers: · Supervise associates and interns on engagements · Serve as a liaison between financial services clients and upper management
Qualifications
· Engineering / MBAs with atleast 3 years of experience · Preference would be given to significant experience in relevant technical knowledge: (a) financial statement – IT Audits; (b) SSAE 18/ ISAE 3402 audits; (c) IT SOX engagements (d) Emerging Technology Risks
· Certified Information Systems Auditor (CISA), COBIT Foundation, ITIL Foundation, CISSP, CRISC would be an added advantage · Possesses extensive experience in at least two of the key solutions of IT Audit & Assurance · Prior experience in client facing / account management roles · Possess strong domain knowledge, understanding of IT processes supporting business and possible risks in operations of at least two industry sectors · Strong analytical and problem solving skills · Strong written and verbal communication skills · Ability to work well in teams · Ability to work under pressure – stringent deadlines and tough client conditions which may demand extended working hours · Willingness to travel within India or abroad for continuous long periods of time · Demonstrate integrity, values, principles, and work ethic and lead by example
- 8-10 years of experience into IT SOX, IT Audits, ITGC testing
- Tech, M.Tech, BE, MBA or similar qualification.
- CISA (Certified Information Systems Auditor), Certified Internal Auditor (CIA), Certified Risk and Information Systems Control (CRISC), or similar professional certification preferred.
- Firm understanding of information technology, including IT process, IT general controls, as well as COSO and COBIT frameworks.
- Good technical knowledge of Application security and Access Management
- Hands-on experience on Excel, PowerPoint, PowerBI, etc.
Qualifications & Responsibilities
Year of Experience : 3- 8 yrs
Location : Bangalore, Delhi, Mumbai, Pune
Work on ISO 27001 & NIST based Information Security Management System implementation and sustenance.
- Responsible for SOX (IT Security Controls) and track the monthly/quarterly/annual control reports and drive effectiveness of SOX controls.
- Work on Business Continuity Planning, IT Disaster Recovery as per ISO27001 & NIST requirements
- Assess information security posture, identify the gaps/risks in the existing environment and develop solutions to mitigate the identified gaps/risk
- Conduct Information Systems audits covering IT infrastructure assets
- Working knowledge in security domains such as: security governance policies and procedures, risk management, compliance, access control, network security, security architecture, security incident response, disaster recovery, business continuity management, privacy and data protection
- Experience in leveraging industry standards and frameworks such as ISO/IEC 27001, NIST CSF/800-171, etc.
- Possesses certifications such as ISO27001 LA. CISSP, CISA certification- preferred
Why NCG?
WHO WE ARE DRIVES WHAT WE DO!
We Don't build the organization; we create an everlasting family. Our people express a sense of winning together when times are good and sticking together when times are tough.
Are you a Doer or Achiever?
Well, at NCG, our doors are Open for Doers and Achievers alike. We are a Cult where we create, innovate, learn and Contribute in a comfortable, transparent, and fair environment.
Joining NCG means contributing to a shared ambition for reliable work culture, tackling extraordinary technological challenges in multicultural teams, preserving your work/life balance, and more!
The role of a Personal Loan Risk Head is to own, manage and communicate risk policies and processes. He/She shall provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support. Prospective candidates must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.
Key Expectations
- Designing and implementing an overall risk management process for the Personal Loan portfolio, which includes an analysis of the financial impact on the company when risks occur
- Performing a risk assessment: Analyzing current risks and identifying potential risks that are affecting the company
- Own the portfolio risk metrics - Loss forecasting, Stress testing, Credit Risk, Liquidity risk, Collections performance & strategy & overall ROA by segment.
- Monitor portfolio risk from granular dimensions and constantly implement strategies to maintain risk metrics within specific ranges.
- Monitor various operational metrics and develop alerting mechanisms to maintain process efficiency
- Designing and implementing strategies for Underwriting, Account Management, Portfolio Monitoring and Collections
- Develop risk based credit policies and pricing grids to maximize approvals within specific segments of risk
- Work with data science team which will develop algorithms and scorecards and drive decision models across various business segments.
- Partner with Engineering team to implement policies and scorecards.
- Supervise creation of time-sensitive analytics, visualisations, and complicated, high-visibility reports for Risk and Business management to use in portfolio monitoring and strategic decision-making.
Competencies -
- Have strong business understanding of the retail lending business in India and understanding of the regulatory landscape
- Should have hands-on experience working as data analyst or data scientist or statistical modeler in retail space, preferably in financial services or ecommerce.
- Strong experience in establishing and managing high-performing teams with a collaborative leadership approach.
- Outstanding communication skills, both verbal and written
Follow CutshortSubodh Popalwar
Software Engineer, Memorres