EarlySalary - Risk Analyst - Business Rule Engine

About Fibe (formerly Early Salary):

Fibe is one of India's leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. It is building a financial ecosystem that enables the mid-income group and the underserved segments to fulfil their financial aspirations. Fibe offers a range of financial products, including cash loans, long-term personal loans, and Impact loans for sectors like Healthcare, Education, Green Finance, Loan Against Mutual Funds, making affordability more accessible.

Fibe has grown multifold over the years and emerged as a market leader in providing financial assistance to young middle-income and underserved groups in India. Due to its scalable business model, Fibe has recently been upgraded to A- by CARE Ratings and has access to debt lines from leading banks, NBFCs and wholesale debt markets. It has been certified with ISO/IEC 27001 for its Information Security Management System (ISMS). Fibe has disbursed more than 7 million+ loans worth Rs. 26,000 Cr+ since inception through its lending partners.

- Winner of BW Festival of Fintech Lending Platform of the Year (Gold) and Fintech Brand of the Year (Silver)

- ET Healthcare Awards 2024 - Excellence in Affordable Healthcare Financing

- Entrepreneur 2024 Founder of The Year & Best Innovation in Financial Services

- Winner of G20 Digital Innovation Alliance - Best Startup in Fintech

- Great Place to Work Certified

Job Title: Risk Analyst - BRE

Department: Credit & Risk

Job location: Pune

Overview:

We are seeking an experienced Business Rule Engine (BRE) Specialist to join our Credit & Risk team. The ideal candidate will have expertise in developing, implementing, and maintaining business rules using BRE -Structured Rule Language (SRL) to support the company's lending operations. You will play a critical role in optimizing and automating decision-making processes, ensuring that business rules are aligned with company goals and regulatory requirements. The BRE Specialist will work closely with cross-functional teams, including product, risk, and IT, to design and integrate rule-based systems that enhance operational efficiency and mitigate risk.

Key Responsibilities

- Strong knowledge of credit underwriting, with at least 2-3 years in a leadership or supervisory role within the lending or financial services industry.

- Proven experience in assessing a wide range of credit products (personal loans, business loans, mortgages, etc.) and managing credit assessment.

- Develop, implement, and optimize business rules using BRE (SRL) to automate key lending decisions.

- Translate business requirements into well-defined rule sets and ensure that they align with business objectives, regulatory guidelines, and industry best practices.

- Troubleshoot and resolve issues related to rule execution, performance bottlenecks, and rule conflicts.

- Comprehensive knowledge of testing tools like postman testing / Bulk testing utility.

- Write and maintain SRL code and test to ensure that business rules are accurate and efficient

- Collaborate with other developers and technical teams to ensure that the business rules align with the overall system design.

- Ensure seamless flow of data between different platforms, enabling real-time decision-making and automated credit risk management

- Document all business rules and technical specifications.

Key Requirements

- Minimum 5 years of experience required in Credit Underwriting in Financial service industry.

- At least 1 year of experience working with Business Rule Engines, preferably in the lending or financial service industry.

- Strong knowledge of SRL and experience with writing complex business rules.

- Knowledge to execute complex SQL queries will be given preference.

- In-depth understanding of Java

- Excellent problem-solving and analytical skills and Strong communication and collaboration skills.

Educational Qualification

- BE/BTech with 1+ years' experience in IT domain in lending business with specific experience.

- Master's Degree/ Certification in Business Rule Management, Data Science, or a related field are a plus.

- Good written and verbal communication skills, candidate should be able to prepare documentation and change logs.

- Detailed-oriented ability to multi-task effectively and work against tight deadlines.

- Excellent logical reasoning, problem solving approach and analytical skills.

- Good business acumen and should have the strong follow ups with business teams for timely closures.

Benefits of joining Fibe

- Be a part of a high growth fintech disrupting traditional financial models.

- Join a culture of collaboration, open communication and work-life balance, fostering environment of engagement, productivity, and innovation, allowing you to thrive professionally and personally.

- Competitive salary, performance-based incentives, and career growth opportunities.

- Health and wellness benefits.