Velocity - Manager/Senior Manager - Lending Partnerships

About Velocity:

- Velocity is building the future of financial services for new-age businesses in India. Our vision is to build products that empower new age businesses by solving multiple growth problems for them.

- Through revenue based financing, we provide the easiest and fastest way out there to raise growth capital to fulfill marketing and inventory spends of online businesses

- Through Velocity Cards, we've built the country's first cash flow based credit card, providing 10x limits as compared to traditional cards

- Through Velocity Insights, we unleash the power of your data to drive better business decisions

- We are a series-A funded start-up, building new fintech products for small businesses. Founders are IIT-IIM alumni, with prior experience across management consulting, venture capital and fintech startups. We are driven by the mission to empower small business owners with technology and dramatically improve their access to financial services. We have raised a total of $30M across 2 rounds of funding and are backed by some of the most marquee global investors including Peter Thiel's Valar Ventures.

Manager/Sr Manager - Debt Partnerships

We are looking for superlative hustlers, stellar problem solvers and remarkable team players. Everything else is a plus plus. We are looking for folks who make building and driving NBFC partnerships the centre of their universe, who push themselves and team members around them to solve problems in the best manner possible.

Responsibilities :

- Leading and managing debt partnerships: by building and leveraging networks with NBFCs, banks, other financial institutions, and rating agencies.

- Maintain MIS, Prepare CMA and key performance metrics across partners

- Research debt partners, identify key players, understand their products and create a compelling case for Velocity partnership.

- Develop a solid knowledge of lending products and their structuring for NBFC/Bank partnerships

- Track performance against set targets and provide periodical updates to business

- Create a systematic, process-driven approach to debt partner outreach and relationship management

- Forecast, measure, and report the results of various debt partnerships

Qualifications :

- CA preferred with 3-5 years of previous work experience in Fund Raising/Debt Partnerships/Treasury domain

- Understands capital requirements, reporting etc. from an NBFC perspective

- Understanding of product, credit risk, credit and collections policies

- Strategic thinker with a networking aptitude

- Excellent communication and interpersonal skills

Required Skills :

- Financial Analysis (credit UW)

- Banking Alliances and Partnerships

- Fund raising

- Debt Syndication

- Treasury

- Relationships

Velocity's culture:

It doesn't matter what your last name is or what you scored in English in class 5, but if you are creative, crave difficult problems, can work in teams, are obsessed with customer feedback and own your shit, we would love to talk to you. What we can assure you is a workplace that's fun, cares about your growth, challenges you and bestows great responsibilities to those with great powers.

Other details:

Location: Our HQ in HSR Layout, Bengaluru

Process:

Process: 3 interviews + 1 assignment

This gives you an opportunity to get to know the core team better and evaluate whether you'd like to spend a large proportion of your day with these individuals.

Total duration: We'll try and fit in our entire process into a two week window, not including the time you might need for any assignments

Interview content: The discussions test functional expertise, potential team dynamic, ownership levels, problem solving and creative thinking. Sometimes we ask open ended hypothetical questions, other times we just talk about your approach to solving problems. Irrespective, all discussions have a defined framework for success. By doing so we try to rule out the impact of personal biases on hiring decisions.

Benefits :

- Comprehensive Medical Insurance Coverage

- Significant ESOPs

- Free Lunch and Snacks

- Cult Membership

- Monthly brand vouchers worth INR 1,000

- Relocation allowances