Credit Manager-Fintech Organization

Job Responsibilities

• Develop and Manage Credit Underwriting Framework
• Evolve and implement a comprehensive credit underwriting framework that aligns with business goals regulatory requirements and market conditions fo institutional underwriting for partnership driven lending institutional underwriting for loans to originate (wholesale) product retail borrower underwriting that aligns with business goals regulatory requirements and market conditions.
• Actively oversee credit risk identification assessment and mitigation strategies across credit operational and compliance risks.
• Ensure policies and frameworks are kept updated to identify assess monitor measure and control a broad spectrum of risks.
• Monitor emerging credit risks (e.g. identity fraud) and recommend proactive measures
• Credit Risk Management
• Develop a deep understanding of each business partners sourcing collections credit underwriting parameters policies and practices to originate and underwrite such loan applications to create a loan book with minimal expected credit losses and optimal rejections.
• Manage risk for the retail and wholesale portfolio.
• Should have managed organization level credit underwriting/risk policies and procedures including underwriting standards risk appetite frameworks ability to work alongside machine learning credit scoring models and collections processes.
• Work with the risk team to develop robust risk assessment tools with compliance team to drive high standard of compliance and with business team to drive high quality origination.
• o Strong and deep understanding of the business. Evaluate business practices from a credit risk lens including helping report to the Board and Board Committees and providing leadership in the effectiveness of across the organization.
• o Ensure effective and continuous portfolio monitoring review of underwriting standards stress testing and expected credit loss forecasting and manage potential default risks.
• o Work with the Product Operations Business PeX teams to create ways to deliver credit faster without compromising on credit quality.
• o Monitor the partner wise portfolio on a periodic basis for delinquency monitoring PDD monitoring portfolio quality branch portfolio and delinquency triggers and implement triggers for stoppage of business business review collections review as applicable.
• Operational and Regulatory Compliance for credit
• Ensure compliance with regulatory reporting guidelines issued by RBI and other authorities. Ensure timely regulatory reporting organized audits and lead initiatives to improve compliance culture across the organization.
• Ensure that credit risk management controls systems and processes are working like clockwork.
• DataDriven Management o Leverage data analytics AI and machine learning tools to enhance data insights for credit underwriting and risk control provide inputs to improve risk modeling fraud detection and early warning systems. o Implement advanced datadriven strategies for more accurate credit risk assessment and mitigation.
• Work closely with business partners and stakeholders to recommend approaches that will improve the ability to address emerging business issues and trends.
• Work with internal Data Science and Risk Product teams to develop new capabilities based on both partner level and end borrower level risk management needs
• Risk Reporting & Stakeholder Communication
• Prepare and present regular risk reports to senior management and the board providing insights into portfolio performance emerging risks and key risk indicators.
• o Foster a riskaware culture across the organization through training and risk management education for employees and other stakeholders.
• Leadership & Team Development Lead and mentor a highperforming risk management team encouraging a proactive and analytical approach to risk analysts. Engage with crossfunctional teams to ensure alignment of risk strategies with business and operational goals.

Candidates Profile :

Graduate / Postgraduate / Professional qualification (e.g. MBA CA FRM) are highly desirable.

Minimum 710 years work experience in the financial services sector

Experience in credit and underwriting in Financial Institutions group

Good understanding of informal sector enterprises and credit underwriting of data thin customers

Good understanding of retail & wholesale lending and related processes

Good understanding of RBI Guidelines related to lending credit compliance third party outsourcing NBFCs related guidelines PSL.

Should have a good understanding of and prior experience in understanding business. requirements and related risks and draft suitable credit policies and rules for underwriting.

Should have prior experience in underwriting retail loans of several assets classes which should include but not be restricted to Unsecured Business Loans (Nano Enterprise businesses Micro services Micro manufacturing Agri and Dairy sector)

Knowledge of Business Correspondent / Co lending business will be good to have

Basic understanding of financial reports of financial institutions

The right person should be Data driven

Draft and document rules/underwriting policies to be able to create an underwriting framework for each partner.

Be an out of the box thinker and have the ability to continuously look for blockers and figure out ways to remove them

Wear the hats of Risk Compliance Operations and Business with ease understand and take decisions always keeping this balance.

A leader who is willing to take responsibility for and ownership of the business targets and the team and deliver.

A collaborator who will be able to work across cross functional teams within Organization and with the business partners / their vendors to drive business.

credit underwriting,retail asset,loan,Agri loan,wholesale,enterprise loan,Risk