VP - Credit Risk & Underwriting - Corporate Employee Benefits Platform

VP - Credit Risk & Underwriting - Corporate-Employee Benefits Platform

- Our client is India's first one-stop-shop for corporate benefits. They create mutually rewarding relationships between employers and businesses by managing corporate discounts. They enable organizations to incentivize their employees beyond just salary by providing benefits related to Travel, Entertainment, Dining, Education, Shopping and many more spheres of life.

- Founded in 2014, this Gurugram based employee rewards platform is led by young founders who are UCLA alumni with experience in companies like Microsoft US, Oracle, Symantec, Amazon, and Reliance. They've partnered with over 10000+ brands across dining, shopping, entertainment, wellness and many more providing exclusive employee discounts, brands like CCD, Samsung, Lifestyle, Flipkart, PVR Cinemas, Zoomcar, OYO, Lifestyle, Mother's Pride, Max Healthcare and more. Our client is leading the $2 billion rewards market in India with 250+ corporate clients including giants like Concentrix, EY, DXC and Mphasis, and they've raised $2 million to date from prominent VCs like GrowX Ventures, Sprout Ventures, and Axilor Ventures.

- As a VP - Credit Risk & Underwriting, youwill work with the Founder & CEO, to help drive the growth and shape the future of an emerging HR- Fintech platform. Your responsibilities will include Product Development, Risk Management & Underwriting under the lending vertical.

What you will do :

- Conceptualizing and implementing the lending product(s).

- Liaising with lenders like Banks, NBFCs and credit bureaus etc. and managing the business relationship.

- Structure the credit, risk, underwriting Policy of the loan product

- Being responsible for the new initiatives, strategic alliances & partnerships pertaining to lending vertical.

- Maintaining a detailed and current understanding of the Personal loan industry, current market structures, regulatory requirements, and issues.

- Ensuring compliance with the policies, procedures, and regulatory requirements.

- Leading, motivating, and continuously developing a credible high performing team.

- Recommending and leading new opportunities within the credit market.

The key activities will include:

- Design of a lending product to suit each phase of the project

- Design of an underwriting system (whether in-house or FLDG model)

- Work with the finance team to raise funding (whether debt or equity)

- Development of a tech platform that can integrate with the current platform of company for loan management and disbursal

- Structure the credit, risk, underwriting Policy of the loan product

- Building and strengthening the collections team and systems

What you need to have:

- The candidate should have an engineering background from a premier college.

- An MBA from a tier-1 B School will be preferable.

- A certified professional degree in credit and analysis will be an added advantage.

- Strong lending background in MFI or NBFCs only with a knack for working with concrete data.

- Must have hands-on experience in managing teams for credit analysis, sales, relationship management.

- 10+ years of extensive knowledge of Consumer lending, Credit policy, loan documents, and credit risk management.

- The candidate must have experience in conceptualizing and implementing lending products. (personal loans)

- Must have hands-on experience in managing teams for credit analysis, sales, relationship management,

- A good understanding of risk, credit policies, and procedures.

- Willingness to learn/ adapt to technological platforms