LenDenClub - Manager - Credit & Risk

Manager - Credit & Risk

Job Purpose:

- To contribute to the growth of the business by ensuring that Credit proposals are reviewed using adequate documentation within a committed time-frame and without compromising on quality of assessment.

- To hold regular reviews of the portfolio with the internal stakeholders.

- To decide proposals within the delegated authority framework.

- To build and maintain the Risk engine of products including business rules and scorecards.

- To implement our proprietary models across business and identify ways to improve and optimize them over time.

- To evaluate/Underwrite and recommend/decide cases of different products under digital lending platform and beyond.

- To liaison and work with external partners and consultants t0 develop/implement new strategies.

- To maintain and monitor the stipulated Turn Around Time (TAT).

Roles & Responsibilities:

Credit review Process:

- To Review credit proposals by analyzing the client credit worthiness, business strengths, market credibility, Financial statements, Cash flow Statements, IT returns, Bank records, Repayment tracks etc.

- To Analyze Static pool of proposed partners and recommend with deep insights.

- Portfolio monitoring: Providing timely information and insights on portfolio risk performance through reporting and analysis.

- Data ; Understanding and resolving data issues in an evolving data environment.

- Work closely with Business, Product, Tech to devise the best and most innovative solutions for satisfying Customer's needs.

Documentation & MIS:

- Maintain thorough documentation for effective tracking of proposals documents and TAT.

- Prepare the MIS on progress and sharing with stakeholders.

- Develop and produce reports to measure the performance and effectiveness of processes and Policies in place.

- Documentation and storage of all proposals appraisal chain.

Portfolio Monitoring:

- To monitor portfolio performance by continuous analysis of Pool.

- To set up a hind sighting process and make it effective.

- Devise analytical tools to measure the Portfolio health from various angles and highlight early warning signals.

Cross Functional Coordination:

- Communicate the expected credit standards by engaging with external partners, sales team and other relevant parties.

- Oversee communication cascades to the sales teams on the broad parameters for validating partnerships proposals, providing regular training to RMs for the same.

Enabling Skill Sets & Qualifications:

- Education-; CA/MBA/Master of Economics with

- Experience; 5 to 8 years experience in Credit and Risk functions of FinTech/Banks/NBFCs.

- Ability to read and observe deep the financial statements of proposals.

- Knowledge of Statistical techniques, Analytics is preferred and strong proficiency in MS Excel is desired.

- Experience in digital lending, Scorecard development are preferred.

- Ability to present complex concepts in a clear and easy consumable way to other stakeholders.

- Problem solving, adaptability to change, enjoy a fast pace and challenging environment are the key attributes.