Policy Manager

Policy Manager – Construction Equipment FinanceRole SummaryThe Policy Manager – Construction Equipment Finance will be responsible for credit policy formulation, portfolio risk management and enterprise-level risk mitigation for the Construction Equipment Finance business. The role collaborates closely with Business, Credit, Collections, Analytics and other cross-functional teams to drive portfolio quality and sustainable growth.Key Responsibilities Credit Policy and Risk ManagementDevelop, review and strengthen credit policies, underwriting norms and risk parameters for Construction Equipment Finance.Analyse portfolio performance and recommend policy changes, risk triggers and underwriting interventions.Ensure compliance with internal risk appetite frameworks and regulatory guidelines. Portfolio Monitoring and Risk MitigationTrack portfolio performance, delinquency, slippages and other key risk indicators.Identify emerging risks and recommend timely corrective and preventive actions.Coordinate with Business, Credit and Collections to implement and track risk interventions. Reporting, Stakeholder Management and AutomationPrepare portfolio dashboards, management reports and data-backed portfolio insights.Communicate risk expectations and integrate market/field feedback through stakeholder partnerships.Support automation of risk reporting, policy rules and technology-led risk initiatives.Candidate ProfileExperience: 3–10 years in credit, credit policy, risk or portfolio management in Banking/NBFC/Financial Services.Preferred: Exposure to Construction Equipment, Commercial Vehicle, Equipment Finance, MSME or other secured lending.Education: MBA/PGDM in Finance or Risk; CA/CFA preferred.Strong analytical skills, credit assessment capability and stakeholder management.Experience in translating credit policy into Business Rule Engines (BRE), and familiarity with automation of policy rules, decision systems and rule-based underwriting workflows.Good understanding of asset-backed lending and portfolio risk frameworks.