RedCarpet.Cash is one of India's largest issuers of revolving credit instruments to the new-to-credit market. We have over 1.7 lakh plastic in 28 cities and a couple of million users of virtual revolving credit on our app. Our products include different kinds of cards as well as the new upcoming UPI 2.0 Overdraft system.At RedCarpet, we have built and own the stack - everything from acquisition to underwriting to collections is built in house. We also leverage our NBFC subsidiary (Redux Credit Finance Pvt Ltd) to power some of these lines. We have been EBITDA profitable since the beginning of 2020 ... and we still are EBITDA profitable (after accounting for COVID moratorium and RBI additional provisioning). We are beating the industry on collections and have one of the lowest portfolio-under-moratorium in the industry.We see industry and regulatory tailwinds in the near future - it is a matter of time before RBI opens up credit card issuance to NBFC. We are targeting a multi-billion dollar market (on the lower end) while building a fundamental #MakeInIndia company. We work closely with the Niti Aayog, RBI, NPCI and the Startupindia/DIPP and contribute our policy papers and opinions on a highly regulated space like lending. We have chosen to take a higher ethical ground through design, long before privacy concerns ever surfaced in India - https://www.redcarpetup.com/2017/11/29/design-for-honesty/ We are building the Capital One of India. We are not a neobank. We are creating very smart, high engagement, revolving credit products for India. Think credit cards and UPI 2.0 OD accounts - we will build on top of all kinds of regulatory infrastructure. This is who we are - https://www.redcarpetup.com/careers/ and https://www.instagram.com/redcarpetuplife/ What is this role : RedCarpet SA program is a specially created program for the CEOs of tomorrow - https://www.redcarpetup.com/sa/ you will get to run the entire business of a particular credit card segment,demographic or city. RedCarpet has pretty much re-written the rule book on risk, especially to the New-to-credit and New-to-credit-cards segment in India. Our work on building our risk engine - Marvin - is considered one of the best in India. The way we structure our teams is inspired by how the best credit card companies are built. We think of our credit cards as individual P&L lines - with individual risk and business ownerships. At RedCarpet the business team, risk team and the data science team work in an adversarial role to build the best products in credit cards. The data science team owns the models & the data pipeline. The risk team owns the risk-adjusted NPV and the yield. This is a role for the risk owner. Your counterparts will be a data science owner. For the very first time, this is being done entirely REMOTELY. You can be anywhere in India. However the expectation is that you will own and commit like a CEO. This is NOT a 9-to-5 gig. 1. Work directly with the founders and CEO/CRO. Provide subject matter expertise in at least one of the risk concepts within Credit Cards viz., Acquisitions, Approve/Decline, underwriting, initial line assignment, Line Management, Pricing etc. (Must have worked in any of these strategies) 2. Prototype risk and analytical models. We are looking at industry smartness here. 3. Extreme visibility and ownership on risk-adjusted net present value. 4. Deep working knowledge of credit models and especially around credit cards. The bar for this at RedCarpet is very high and this is a non-negotiable requirement. 5. Ownership of verticals. You will be the boss - there is no ambiguity here. Compensation : Salary and considerable company stock options.

Any Location

Delhi NCR

RedCarpet - Vice President - Risk Strategy 

RedCarpet - Vice President - Risk Strategy  ,Job Description for RedCarpet - Vice President - Risk Strategy  in Red Carpet in  Any Location Delhi NCR for (7-15) years of experience. Apply Now!

Job Description for RedCarpet - Vice President - Risk Strategy  in Red Carpet in  Any Location Delhi NCR for (7-15) years of experience. Apply Now!