Introduction:

Cashflo, true to its name, is on a mission to unlock $100+ billion of trapped working capital in the economy by creating India's largest marketplace for invoice discounting to solve the day-to-day cashflow problems faced by businesses. Founded by ex-BCG and ISB / IIM alumni, and backed by SAIF Partners, Cashflo helps democratize access to credit in a fair and transparent manner. Awarded Supply Chain Finance solution of the year in 2019, Cashflo creates a win-win ecosystem for Buyers, suppliers and financiers through its unique platform model. Cashflo shares its parentage with HCS Ltd., a 25 year old, highly reputed financial services company has raised over Rs. 15,000 Crores in the market till date, for over 200 corporate clients.

Our leadership team consists of ex-BCG, ISB / IIM alumni with a team of industry veterans from financial services serving as the advisory board. We bring to the table deep insights in the SME lending space, based on 100+ years of combined experience in Financial Services.

We are a team of passionate problem solvers, and are looking for like-minded people to join our team.

We are looking for someone who loves a challenge, is ambitious, super tenacious and persistent. S/he is a self-starter, thrives in a dynamic, small start-up environment, has a knack for understanding customer needs, and is result-oriented. If you check these boxes - we want to talk to you!'

The opportunity:

- Solve a complex $300+ billion problem at the cutting edge of Fintech innovation, and make a tangible difference to the small business landscape in India

- Join a high performance, dynamic and collaborative work environment that throws new challenges on a daily basis

- Be part of the early leadership team and be directly responsible for driving company's success

- Gain exposure to the Fintech space - one of the largest and fastest growing markets in India and globally

Key Role and Responsibilities:

- Develop and implement the risk and underwriting function for the lending platform

- Set up internal controls and process to address key risks in lending business

- Develop and implement policy and process manual for all the lending products

- Create risk and underwriting policies, develop and deploy underwriting models, credit-risk decision strategies and fraud detection

- Drive operational efficiency through automation of credit process and straight-through processing

- Be involved in the full-life-cycle credit risk function

- Recommend to the management on latest trends in underwriting which gives better customer experience, drives business growth and enhances asset quality

- Co-ordination with support functions - sales, operations, collections, IT teams for setting up process flow for smooth business functioning

- Conduct portfolio study of the outstanding advances portfolio, Lead credit tightening initiatives to keep delinquencies under control while maintaining a balanced view of business profitability across products and geographies.

- Quality Management in terms of Audit, Compliance and Hind sighting

Skills/ Qualities Required:

- Prior experience of 8-12 years handling a sizeable loan portfolio across products, unsecured and secured

- Strong fundamentals in credit and risk management, ability to accurately assess credit risk in a business

- Deep knowledge of scorecards, credit and risk policies and risk management of SME Lending Business, risk sharing mechanisms between fintechs and lenders (FLDGs, co-lending etc.)

- Ability to do credit solutioning and identify new market opportunities

- First principles problem solving

- Strong ability to leverage data to come up with credit insights

- Prior experience or understanding of Supply Chain Finance / Factoring a plus

Key details:

- Title: VP, Credit & Risk

- Location: Mumbai

- Compensation: Market competitive. Negotiable based on profile (structured as Fixed + Variable + ESOPs)

- Date of Joining: ASAP

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.