Credit Fair - Credit Analysis

We are looking for a Credit Head to oversee our company's lending process, from evaluating clients' creditworthiness to approving or rejecting loan requests.

Credit Head responsibilities include creating credit scoring models, setting loan terms and determining interest rates. To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications. Previous banking experience is a plus.

Responsibilities:

- Collaborating with both the operations and business development teams to ensure applications are completed in a timely manner

- Ability to identify and make recommendations for approval policy exceptions.

- Partnering with credit and operations teams to troubleshoot and optimize application and credit processes through automation.

- Analysing borrower data and trends while bringing a continuous improvement mind-set to deliver a better experience and scale our operations

- Evaluating the creditworthiness of potential customers.

- Ensuring all loans and lending procedures comply with regulations.

- Analysing and mitigating risks on new as well as existing customers.

- Monitor Delinquency and NPA to budgeted levels

- Support development of Credit Scorecards, Risk Models & auto-approval mechanisms

- Monitor & analyse the output/results Credit Scorecards, Risk Models & Auto-Approval Rule engine.

- Work closely with Tech Team for development of new features/systems

- Reviewing and updating the company's credit policy

- Minimal rework/errors as part of underwriting quality

- Maintaining TAT as per guidelines

- Handling & Monitoring the Performance of the Credit Team

- Prepare CAM Reports

Required Skills:

- Proven work experience of 5 to 7 years as a Credit Head/Manager from a Fintech

- Excellent Analytical skills

- Bachelor's degree in commerce, Business Administration, Finance or similar field

- Deep understanding of industry/function and associated processes, data and systems

- A self-starter, love learning and are constantly working to keep your skills up to date

- Good communication skills.

- Good interpersonal skills.

- Detail orientated.

- Team Management skills.

About Us:

Credit Fair is consumer lending fintech start-up on a mission to provide Fair Finance to Everyone. We have raised $25 million in debt and equity funding from leading angels that have previously backed Ola, Oyo, Myntra, Uniphore and 1mg as well as marquee NBFCs.

Our loans are originated in partnership with 1000+ merchants who are present in over 80 cities

Leading healthcare chains: Indra IVF, Partha Dental, VLCC

Home improvements: Asian Paints, Design Cafe, @home by Nilkamal

Education: upGrad, Toppr, Board Infinity, Career Point, Bansal Learning, Miles Education

E-Bikes - Ampere, Hero Electric, Lectrix, Benlng

Our founding team has worked at fintech companies in London where they won a Banking Technology Award for Best Mobile Initiative as well as Indian fintechs such as Coverfox and Liquiloans. The team has extensive experience in credit, investment banking and vendor management. They have graduated from London Business School, Northwestern University (USA), and attained the CFA charter.

Website - https://creditfair.in/