Head - Risk - Personal Loans Segment - FinTech

Industry - Banking / Financial Services / Broking

Category - Finance

Job Type - Permanent

Job Description - Leadership opportunity within credit risk for unsecured loans

Client Details:

Fast growing lending fintech primarily in unsecured retail lending based out of Delhi NCR

Description:

Job Responsibilities:

1 Credit Risk Strategy:

- Develop and implement the credit risk management strategy in alignment with the company's business objectives.

- Establish risk appetite and credit policies to manage portfolio risk effectively.

- Monitor credit trends and industry developments to proactively address potential risks.

- Data Analysis and Model Development:

- Oversee the design and development of credit risk models, including but not limited to credit scoring, portfolio analysis, stress testing, and provisioning models.

- Utilize advanced statistical and machine learning techniques to analyze credit data and predict default and delinquency rates.

- Continuously refine models and methodologies to improve the accuracy and effectiveness of credit risk assessments.

- Portfolio Management:

- Monitor and analyze the performance of the credit portfolio, identifying areas of concern and opportunities for improvement.

- Implement risk mitigation strategies to optimize the overall risk-return profile of the lending portfolio.

- Ensure compliance with relevant regulatory requirements and reporting obligations.

- Team Leadership:

- Lead and mentor a team of credit risk analysts and data scientists, fostering a culture of innovation, collaboration, and excellence.

- Provide guidance and support in complex risk-related decision-making processes.

- Encourage professional development within the team and promote a high-performing work environment.

- Cross-Functional Collaboration:

- Collaborate with product development, finance, and marketing teams to assess credit risk implications for new product offerings and marketing strategies.

- Engage with technology teams to enhance data infrastructure and drive automation in risk processes.

- Work with legal and compliance teams to ensure adherence to relevant regulations and best practices.

- Reporting and Communication:

- Present risk assessments, portfolio performance, and recommendations to senior management and other stakeholders.

- Communicate complex risk concepts and insights in a clear and concise manner to various audiences.

Profile:

Requirements:

- A master's or Ph.D. in finance, statistics, economics, mathematics, data science, or a related field.

- Proven experience (typically 15+ years) in credit risk management within the financial industry, preferably within a fintech or digital lending environment.

- Strong analytical and quantitative skills, with expertise in statistical modeling and data analysis techniques.

- Proficiency in programming languages such as Python, R, or SQL.

- Experience with credit risk modeling and analytics tools (e.g., SAS, MATLAB, or similar).

- In-depth knowledge of regulatory requirements and industry best practices related to credit risk management.

- Demonstrated leadership experience, with the ability to lead and develop a high-performing team.

- Excellent communication skills and the ability to convey complex concepts to both technical and non-technical stakeholders.

- Strong problem-solving abilities and a proactive approach to risk management challenges.

Job Offer

Competitive Compensation

Leadership opportunity

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Shaivya Sharma on +91 124 628 9270.