Credit Risk Head- Fintech- Mumbai/Bangalore

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    6 months ago
  • Category:
    Financial Services
  • Deadline:
    August 10, 2019
  • Languages:
    English

Job Description

 Strategic role, to set the company direction for the next 5-7 years

 Responsible for designing and building the risk and underwriting infrastructure for the most innovative consumer lending platform in India

 Creation of the risk and underwriting policies, infrastructure, development and deployment of underwriting models, risk decision strategies and fraud detection

 Be involved in the full-life-cycle and straddle credit-and non-credit functions (initially)

 Work closely with Sr. Management team and lending partners in managing Risk/Return of the portfolio, defaults & collections

 Represent the company to the outside world, including lending partners, board of directors & other strategic alliances

Job Requirements:

Must-have:

 Deep knowledge of scorecards, credit policies and risk management in an unsecured context

 Experience in validating and implementing risk models and strategies

 Atleast 3-5 years of experience in using analytics for credit modeling

 Passion for using data and algorithm to drive underwriting decisions

 Extreme comfort with technology and working with engineers

 Passionate, creative, innovative and looking to work in a fast-paced and collaborative environment.

 MBA/CA (first attempt) or IIT B.Tech with atleast 8+ years of experience in a retail bank or retail NBFC, Indian or foreign

Nice-to-have:

 Knowledge of Data Science & Machine Learning

 Excellent written & Verbal communication skills

 Experience working in a startup, preferably a Fintech startup

 Ability to influence and drive stake-holders

Looking for experienced candidates who are .

 As the Head of Risk you will be reporting to the Head – Risk, Legal & Compliance and will be responsible for heading a Risk team

 Responsible for credit underwriting / analysis / appraisal as well as developing the lending norms / rates / policies for all retail lending products offered. This would include overseeing Risk for products across Business Loans, Vehicle Loans, Personal loans, Mortgages, Loans Against Property, Loans Against Shares, Micro-finance and Agri-loans.

 You would ensure that the customer portfolio meets the quality measures. You would also manage internal stakeholders in addition to regulators and governing bodies.