As Credit Risk Managers, we are responsible for managing and building risk strategies along with formulating and tracking appropriate metrics. We develop and implement pricing and underwriting strategies. We also design tests for understanding risk-return takeoffs using the hypothesis testing framework. Creating an automated mechanism to track KPIs around funnel conversion is also part of our duty. We also analyze and record the performance of portfolios. We present all these findings to directors. Working as Credit Risk Managers, we are responsible for collecting loan performance data to determine underperforming pockets. We also conduct to suggest risk mitigation strategies. Finally, we participate in meetings to know about policy updates.
Core tasks:
- identifying credit expansion opportunities to optimize risk-adjusted revenues
- analyzing and reviewing transactions submitted to the loan review committee to provide a clear decision
- creating tools for minimizing top loan defects
- managing underwriters to ensure mortgage loan submissions