Risk & Credit Manager

Job Title:

Risk & Credit Manager

About the Role:

We are seeking a dynamic and highly skilled Risk & Credit Manager to lead our credit risk strategy, adjudication processes, and decision models. This role demands a professional who combines deep domain expertise in credit policy and underwriting with hands-on experience in advanced risk analytics, machine learning algorithms, and global best practices in consumer lending.

You will play a critical role in strengthening our risk management framework, driving data-driven decision-making, and implementing scalable credit strategies that balance growth with robust portfolio quality.

Key Responsibilities:

1️ Credit Risk Adjudication:

• Oversee and continuously improve credit adjudication policies for both new and repeat customers.
• Define credit risk acceptance criteria, segment strategies, and scorecards for multiple products.
• Review high-value or exception cases and guide underwriters on complex decisions.

2️ Advanced Risk Modeling:

• Design, implement, and monitor machine learning-based credit risk models, including scorecards, fraud models, and early warning systems.
• Evaluate and benchmark internal models with leading industry models used in India and globally (e.g., bureau-based, alternate data models, social scoring, behavioral risk models).
• Collaborate with Data Science teams to test and validate predictive algorithms, ensuring regulatory compliance and interpretability.

3️ Portfolio Monitoring & Process Improvement:

• Build and enhance portfolio monitoring dashboards to track risk KPIs — delinquency, vintage curves, segment performance, and early default triggers.
• Identify process bottlenecks and design control mechanisms to minimize fraud and operational risk.
• Drive continuous process improvements to reduce TAT and error rates in credit operations.

4️ Data-Driven Decisioning:

• Use actionable insights from credit performance data to refine policy, product features, and sourcing strategies.
• Partner with Product & Tech teams to embed automated decision engines and real-time rule engines.
• Explore new data partnerships (e.g., alternate bureau, account aggregator, digital footprint data) to enhance risk prediction.

5️ Cross-Functional Collaboration & Compliance:

• Work closely with Operations, Collections, Product, Tech, and Regulatory teams to ensure end-to-end risk controls.
• Ensure adherence to internal risk policies and external regulatory guidelines (RBI, NBFC norms, AML, KYC).
• Prepare and present risk MIS and portfolio insights for leadership, board, and investors.

Key Requirements:

~ 5–10 years of strong experience in Credit Risk, Underwriting, or Credit Policy roles within NBFCs, Banks, or Fintechs.
~ Hands-on experience designing and implementing credit adjudication frameworks and risk scoring models.
~ Good understanding of machine learning algorithms, model validation, and usage of advanced data analytics.
~ Exposure to global best practices in credit risk — experience with scorecards, bureau data, alternate data, and open banking is a plus.~ Proven track record of process improvement initiatives, automation, or digitization of credit processes.
~ Strong analytical mindset with expertise in SQL, Python/R, or other data tools preferred.~ Excellent stakeholder management and communication skills — comfortable presenting to senior management.~ Graduate/Postgraduate in Finance, Statistics, Economics, or relevant quantitative field.

Why Join Us?

• Opportunity to work with an innovative team shaping cutting-edge credit products.
• Hands-on ownership to build next-generation risk management frameworks.
• Freedom to experiment with new data sources, tools, and algorithms.
• Collaborative, merit-driven work culture with clear growth opportunities.

Job Types: Full-time, Permanent

Pay: From ₹1,200,000.00 per year

Benefits:

• Flexible schedule
• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person