Chief Risk Officer - NBFC/FinTech

Key Responsibilities:

- Own and lead the end-to-end risk function, collections and data science across 4 businesses viz. NBFC, co-lending, P2P platform and SaaS product offering

- Implement underwriting, credit policy as well the risk framework for the company

- Identify credit risk and assess enterprise effectiveness by managing risks through appropriate internal controls

- Design a comprehensive risk strategy incorporating risk decisioning, data science, business analytics and product management

- Drive advanced data science, AI/ML and analytics led business decision making to identify and reduce risk

- Develop collection strategy and drive implementation of collection procedures for an enhanced control over the portfolio

- Re-establish a more efficient and agile risk management framework while driving identification, analysis and mitigation of internal and external risks

- Develop and establish risk measurement models and ensure timely corrective action on credit portfolios for achieving acceptable delinquency levels

- Monitor risks within the business according to company's frameworks and modify business policies and procedures to address vulnerabilities

- Review and provide approval for risk exposures across all current and new product offerings

- Formulate strategies to minimise potential losses the firm might experience due to credit risk

- The incumbent will be responsible for protecting the balance sheet and function with the growth mindset while keeping the NPA low

- Develop and monetise in-house Risk products

- Stakeholder Management

- Interact with business stakeholders to provide input in impact of credit strategies on customer communication and collections efforts

- Engage in the most difficult decisions, providing top management with perspectives and guidance on strategic business risks

- Function as a business partner, setting parameters not to get in the way of growth, but to ensure business decisions are consistently evaluated considering risk margins

- Drive collaborative partnerships with business leaders, product and technology leaders and will be the face of the firm, liaising with external partners to advise and negotiate on the risk

Candidate Specifications:

- Relevant credit and risk experience in new age space across fast paced growing companies (including start-ups) coupled with strong fundamental and conceptual grasp of the risk function

- Extensive risk management experience including credit and risk modelling and forecasting

- Experience in developing multi-year strategy, business plans and roadmaps, building executive relationships and influencing cross-functional stakeholders

- Demonstrated ability to influence sales, business, product and tech leaders in right risk decisions to minimise the exposure and build a healthy portfolio

- Sound understanding of credit and risk across unsecured retail products and functioning of a fintech organisation

- Effective communicator with problem solving & strong organisational abilities

- A strong collaborative leadership style with ability to drive change and function through high growth times

- Have strong consulting, interpersonal and analytical skills

- Self-driven with an end-to-end build, develop and execute mindset