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07/07 Rajeev Narang
Principal Consultant at Simply People

Views:1869 Applications:305 Rec. Actions:Recruiter Actions:15

Chief Risk Officer - FinTech (15-20 yrs)

Mumbai Job Code: 947372

Chief Risk Officer :

As an owner of the Risk Management function, the incumbent in this role is expected to facilitate business growth and investor confidence by maintaining low NPAs & Delinquency while ensuring that business has the required liberty to grow in the horizon.

Responsibilities :

- This is a strategic role. Incumbent shall be responsible for assessing risk on existing and new programs & offerings.

- Create a policy framework for :

a. Extending credit | unsecured loans in an unsecured consumer lending environment

b. Underwriting the risk

c. Compliance with the applicable statutes and regulatory frameworks

d. Strong corporate governance

- Interact closely with various partner banks and NBFC to setup aligned policies to acquire customer and manage collections

- Deploy analytics to :

a. Rate a new customer

b. Define entitlements

c. Catch early warning signals for soon to be delinquent accounts

d. Collection strategies across buckets

- Define procedures for underwriting policies, infrastructure, development & deployment of underwriting models, risk decision strategies and fraud detection

- Be involved in the full-life-cycle and straddle credit-and non-credit functions

- Work closely with core leadership 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

- Oversee the Fraud aspect of customer selection in the end to end digital Journey

- Implement digital under-writing models

- The candidate shall be responsible for ensuring the overall quality of the lending portfolio by planning and directing all aspects of credit risk.

- This position will identify credit risk; assess enterprise effectiveness in managing these risks through appropriate internal controls; and build awareness as part of the leadership culture.

- Provide senior management advice on credit risk issues in strategic decision making

Person Profile :

- Risk Head or Senior role in Fintech or Digital NBFC's with start-up experience

- At least 15 years- experience is must

- Strong retail product knowledge with focus on personal loans with strong policy knowledge of the unsecured loans

- Ability to handle large format of data is required

- Strong business acumen

Women-friendly workplace:

Maternity and Paternity Benefits

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