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3459 Kotak Mahindara Life Insurance Jobs

Team Member-Risk-Relationship Banking GROUP-Risk

Kotak Mahindra Life Insurance Company Limited.

 · 

3.7

 based on 3.1k Reviews

0-4 years

Mumbai

1 vacancy

Team Member-Risk-Relationship Banking GROUP-Risk

Kotak Mahindara Life Insurance

posted 2 weeks ago

Job Role Insights

Flexible timing

Key skills for the job

Mechanical Engineering Biotechnology Python SQL Auditing Retail

+ 15 more

Job Description



 About The Role  

PositionManager / Sr. Manager Risk Commercial Bank

LocationGoregaon

DepartmentCredit Risk [Construction Equipment / Microfinance / Tractor]

Reports ToAVP / VP Risk


Role Objective

To strengthen the credit risk function for CE / MFI / Tractor portfolios by driving policy, process, automation, portfolio monitoring, and early risk identification, in line with digital risk management frameworks and governance standards.


Key Responsibilities
  • Monitor early delinquency, bounce movement, and flow rates (30+ to 90+, 90+ to NPA) to identify stress pockets.
  • Prepare and track GCL budgets, support stress-testing and scenario-based risk assessments.
  • Draft and maintain credit risk policies and process documents, ensuring governance and audit readiness.
  • Identify automation opportunities in risk policy and push for integration via BRE / LOS / STP frameworks.
  • Design and implement RBA (Risk-Based Approval) and STP scorecard-based underwriting models.
  • Perform case-wise analysis of high-ticket delinquents, NPAs, and non-starters with recovery recommendations.
  • Prepare NPA notes, RCA (Root Cause Analysis), and track implementation of preventive actions.
  • Automate portfolio monitoring using Python, Excel macros, or BI tools.
  • Coordinate RCSAs and internal process audits within the risk function.
  • Interact with business, collections, product, and legal teams to ensure cross-functional alignment.
  • Conduct training and orientation sessions on new risk policies and process changes.


    • Skills & Knowledge Requirements
  • 37 years of experience in at least 3 of the followingcredit underwriting, risk policy, product/process implementation, audit, digitization, or automation (preferably with 23 years in automation).
  • Hands-on experience in risk policy/process writing and process control.
  • Strong understanding of banking systems, BRE engines, and LOS platforms.
  • Ability to identify gaps, eliminate redundant flows, and drive process automation across credit lifecycle.
  • Previous exposure to lending (retail or MSME) side of banking or NBFCs preferred.
  • Sharp analytical mindset with eye for detail; capable of identifying digitization opportunities.
  • High proficiency in MS Excel; working knowledge of Python / SQL / BI tools is an added advantage.
  • Effective communication and stakeholder management; able to handle conflicting views and drive consensus.
  • Good written English for documentation, policy writing, and presentations.
  • IT background or exposure to risk-tech integration is an added advantage.



    • Employment Type: Full Time, Permanent

    Read full job description

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    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
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    Kotak Mahindara Life Insurance Benefits

    Submitted by Company
    Comprehensive Insurance Coverage
    Employee Referral Program
    Sabbatical Leave
    Long Service Awards
    KLAPS
    Submitted by Employees
    Job Training
    Soft Skill Training
    Health Insurance
    Work From Home
    Team Outings
    Cafeteria +6 more
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