Job Description :

AVP - Policy & Risk will manage a team responsible for credit underwriting. Some of the key elements that we intend the position to imbibe are as follows :

- Responsible for designing and building the risk and underwriting infrastructure.

- Creation of the risk and underwriting policies, infrastructure, development and deployment of underwriting model, risk decision strategies and fraud detection.

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

- Improving efficiency- Retail lending is largely a business of getting the processes right. Thus, AVP - Policy & Risk should aim at improving processes and systems such that we are able to scale the business in an efficient manner

- Vigilant on Portfolio Quality, ensure team training and updating of SOP, take care of portfolio health by regular Audit

- Responsible for Asset Management, Co-ordination with Co-lender & also Co-ordination with Technology team.

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

- Appetite to take calculated risks- at the company, we are aiming to address a segment that Financial Institutions have historically shied away from. Thus, the person should be willing to identify opportunities and assess the risk before attempting such a segment.

Job Specifications :

- Experience of 5-8 years.

- Experience in validating and implementing risk models and strategies:

1) Enable high quality growth for the retail loan business to meet our strategic objective of AUM in the next 3 - 4 years.

2) Passion for using data and algorithm to be vigilant on portfolio risk.

3) Deliver a profitable Small Business Loan book with immaculate portfolio quality by growing all the revenue pools and business segments

4) The role of the AVP - Policy & Risk requires a deep understanding and hands on experience of unsecured business loans to businesses & Self-Employed professionals as well as industry knowledge & market intelligence.

Nice-to-have :

- Knowledge of Data Science & Machine Learning

- Excellent written & Verbal communication skills

- Ability to influence and drive stake-holders

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