Posted By

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Surabhi Bahl Kohli

Manager - Talent Acquisition at Progcap

Last Login: 11 July 2024

Job Views:  
1254
Applications:  260
Recruiter Actions:  245

Job Code

1432011

ProgCap - Credit Risk Approver

6 - 12 Years.Delhi NCR
Posted 2 weeks ago
Posted 2 weeks ago

Credit Risk Approver

About PROGCAP:

Progcap is an award-winning Fintech company that is engaged in the business of identifying and underwriting small businesses that need credit, generating credit score using alternative data and marketing of financing products. The company is working towards revolutionizing the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles. Working at the intersection of software and financial services, Progcap aims to be the first full-stack retailer-focused digital bank in India. Through its unique LMRF (Last Mile Retailer Financing) Facility, Progcap is solving a lot of problems in the entire supply chain along with bringing the underserved and capital starved MSMEs into formal financing space.

As a company, Progcap has demonstrated exceptional track record, by partnering with over 80 + fortune 500 brands, working with over 700,000 on its platform, credit solution of over ~18000 Cr and raised over USD 100 Mn across three rounds of funding, navigated a global crisis coming out with NIL NPAs and growing the business 15x from pre-Covid levels.

The company is backed by Creation Investments, Google, Tiger Global , Sequoia capital , GrowX and other well-known investors. To know more about ( www.progcap.com)

Over 6 years' work experience in Risk Approver role for retail unsecured loans/Supply Chain Finance / SME loans for Banks, Fintech or large NBFCs

Job Description:

- Designing, Development and Implementation of Organizational Credit policy, Supervise the overall Credit Granting Process including the reliable application of credit policy, periodic credit reviews of clients/partners, assessment of creditworthiness of potential clients, with the goal of optimizing the mix of company sales and bad debt losses

- Preparing credit policy, as well as implementing new credit policies as appropriate based on portfolio performance

- Monitoring of the credit portfolio. Design and ensure appropriate utilization of monitoring and tracking to measure and quantify the effectiveness of strategies or tests.

- Identifying Risk at various segments of Credit Program and developing operational processes for the credit programs mitigating risk.

- Preparing periodic analytics reports on loan portfolio performance and recommendations based on the performance

- Sanctioning / approving authority of credit proposal

- Experience in unsecured Business Credit underwriting, Portfolio Collection & Operations (Business Loans, Personal Loans, Credit Cards & Corporate Cards)

KEY COMPETENCIES:

- Attention to detail

- Problem solving skills

- Good communication skills

QUALIFICATION AND EXPERIENCE:

- Minimum 7 years of experience in the BFSI segment / acquaintance with fintech segment will be preferred

- Qualification CA or MBA Graduate preferred

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Posted By

user_img

Surabhi Bahl Kohli

Manager - Talent Acquisition at Progcap

Last Login: 11 July 2024

Job Views:  
1254
Applications:  260
Recruiter Actions:  245

Job Code

1432011

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