Credit Head - Retail Risk - Consumer Lending - FinTech

Location : Bangalore

Our client is the first fintech startup to be in the credit line space for small ticket loans below 5 lacs. They are looking for a head of Credit Risk to join their team.

Job Description

- Strategic role, to set the company direction for the next 5-7 years

- Responsible for designing and building the risk and underwriting infrastructure for the most innovative consumer lending platform in India

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

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

- Work closely with Sr. Management 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 Job Requirements:

Must-have:

- Excellent knowledge of scorecards, credit policies and risk management in an unsecured context

- Experience in validating and implementing risk models and strategies

- Atleast 3-5 years of experience in using analytics for credit modeling

- Passion for using data and algorithm to drive underwriting decisions

- Extreme comfort with technology and working with engineers

- Passionate, creative, innovative and looking to work in a fast-paced and collaborative environment.

- MBA/CA (first attempt) or IIT B.Tech with atleast 8+ years of experience in a retail bank or retail NBFC, Indian or foreign

Nice-to-have:

- Knowledge of Data Science & Machine Learning

- Excellent written & Verbal communication skills

- Experience working in a startup, preferably a Fintech startup

- Ability to influence and drive stake-holders Looking for experienced candidates who are .

- As the Head of Risk you will be reporting to the Head - Risk, Legal & Compliance and will be responsible for heading a Risk team

- Responsible for credit underwriting / analysis / appraisal as well as developing the lending norms / rates / policies for all retail lending products offered. This would include overseeing Risk for products across Business Loans, Vehicle Loans, Personal loans, Mortgages, Loans Against Property, Loans Against Shares, Micro-finance and Agri-loans.

- You would ensure that the customer portfolio meets the quality measure