FatakPay Digital - Credit & Risk Head - Unsecured

Job Title: Credit & Risk Head Unsecured Personal Loans (PL).

Location: Andheri, Mumbai.

Department: Credit, Risk & Analytics.

Reports To: Chief Risk Officer / Founding Team / CEO.

Experience Required: 610 years, with strong exposure to credit risk in Fintech or NBFCs.

Employment Type: Full-time.

About the Role:

We are seeking a dynamic and strategic Credit & Risk Head to lead our unsecured personal loan portfolio.

This is a critical leadership role that blends traditional credit underwriting with data-driven innovation, leveraging AI/ML, alternative data, and digital journeys to build scalable, agile, and robust credit and risk practices.

Key Responsibilities:

Credit Strategy & Policy

- Define credit policies, scorecards, and rule engines for digital unsecured loans.

- Use traditional and alternative data (banking, bureau, mobile, utility, behavioral) for risk assessment.

- Work with product, tech, and analytics teams to build automated decision engines (rule-based and ML-based).

Underwriting & Approval Processes

- Set up real-time underwriting models for instant loan decisioning.

- Develop layered risk frameworks for various borrower segments (new to credit, salaried, self-employed).

- Define policy exceptions and governance processes for manual underwrites (if any).

Risk Management & Monitoring

- Own portfolio performance (approval rates, delinquency, vintage curves, loss rates, LGD).

- Build and monitor early warning systems, fraud detection models, and collections triggers.

- Create dynamic risk segmentation to adjust strategies in real time.

Analytics & Reporting

- Partner with data science teams to enhance credit decision models.

- Regularly review cohort-level performance and revise strategies accordingly.

- Present portfolio risk metrics to leadership, board, and investors.

Regulatory & Compliance

- Ensure compliance with RBI guidelines, data privacy, KYC norms, and digital lending frameworks.

- Liaise with auditors and regulatory bodies as required.

Preferred Qualifications:

- 610 years of credit & risk experience, including 35 years in a Fintech/NBFC environment focused on unsecured lending.

- Strong understanding of digital lending ecosystems, APIs, alternate data sources, and credit bureaus.

- Exposure to credit model development, risk analytics, and portfolio monitoring.

- Knowledge of tools like SQL, Python, SAS, or BI tools is a plus.

- Excellent leadership, communication, and stakeholder management skills.

Why Join Us:

- Be part of a fast-scaling fintech disrupting the credit landscape.

- Lead a high-impact portfolio from the front.

- Work with a young, tech-driven, and entrepreneurial team.