Snapmint - Manager - Business Finance/Credit Risk - CA

About Snapmint:

Snapmint is on a mission to democratize no/low-cost installment purchases for the next 200 million Indians. Of the 300 million credit-eligible consumers in India, less than 30 million actively use credit cards. Snapmint is reinventing credit for the next 200 million consumers by providing them with the freedom to buy what they want and pay in installments-without a credit card.

In a short period of time, Snapmint has reached over a million consumers across 2,200 cities and has powered over - 200 crores worth of purchases. Founded by a closely-knit team of passionate bankers and technocrats from IIT Bombay, Snapmint is revolutionizing how India accesses credit and empowers millions to make better financial choices.

Leadership:

Snapmint is led by Nalin, Anil, and Abhineet, who are IIT Bombay alumni and serial entrepreneurs. Their past success stories include Oyo, Ola, Holachef, Inrea, and Sodel Solutions. Since 2008, their focus has been on solving big data problems, building "real-time" predictive technologies and algorithms, particularly in the fields of Ad-tech, Consumer Marketing, Media, and growing eCommerce brands.

Responsibilities:

1. Portfolio Monitoring: Continuously monitor and analyze the credit portfolio to identify early signs of delinquency, emerging risk factors, and potential fraud triggers.

2. Collections Strategy Development: Assist in the design and execution of effective collections strategies, ensuring alignment with business objectives and regulatory requirements.

3. Credit Risk Framework Development: Contribute to the creation and refinement of the Credit Risk Framework, including risk processes, policies, product development, portfolio management, and portfolio monitoring strategies.

4. Risk Management & Underwriting Capability Enhancement: Collaborate in enhancing the risk management and underwriting capabilities of the organization to effectively support the growing Assets Under Management (AUM).

5. Stakeholder Liaison: Work closely with senior management to provide strategic insights on risk, product development, and portfolio management, ensuring alignment with broader business goals.

Qualification: Chartered Accountant (CA) qualification is mandatory.