Job Title: Credit & Risk Head Unsecured Personal Loans (PL)
Location: Andheri, Mumbai
Department: Credit, Risk & Analytics
Reports To: Chief Risk Officer / Founding Team / CEO
Experience Required: 610 years, with strong exposure to credit risk in Fintech or NBFCs
Employment Type: Full-time
About the Role:
We are seeking a dynamic and strategic Credit & Risk Head to lead our unsecured personal loan portfolio. This is a critical leadership role that blends traditional credit underwriting with data-driven innovation, leveraging AI/ML, alternative data, and digital journeys to build scalable, agile, and robust credit and risk practices.
Key Responsibilities:
Credit Strategy & Policy
- Define credit policies, scorecards, and rule engines for digital unsecured loans.
- Use traditional and alternative data (banking, bureau, mobile, utility, behavioral) for risk assessment.
- Work with product, tech, and analytics teams to build automated decision engines (rule-based and ML-based).
Underwriting & Approval Processes
- Set up real-time underwriting models for instant loan decisioning.
- Develop layered risk frameworks for various borrower segments (new to credit, salaried, self-employed).
- Define policy exceptions and governance processes for manual underwrites (if any).
Risk Management & Monitoring
- Own portfolio performance (approval rates, delinquency, vintage curves, loss rates, LGD).
- Build and monitor early warning systems, fraud detection models, and collections triggers.
- Create dynamic risk segmentation to adjust strategies in real time.
Analytics & Reporting
- Partner with data science teams to enhance credit decision models.
- Regularly review cohort-level performance and revise strategies accordingly.
- Present portfolio risk metrics to leadership, board, and investors.
Regulatory & Compliance
- Ensure compliance with RBI guidelines, data privacy, KYC norms, and digital lending frameworks.
- Liaise with auditors and regulatory bodies as required.
Preferred Qualifications:
- 610 years of credit & risk experience, including 35 years in a Fintech/NBFC environment focused on unsecured lending.
- Strong understanding of digital lending ecosystems, APIs, alternate data sources, and credit bureaus.
- Exposure to credit model development, risk analytics, and portfolio monitoring.
- Knowledge of tools like SQL, Python, SAS, or BI tools is a plus.
- Excellent leadership, communication, and stakeholder management skills.
Why Join Us:
- Be part of a fast-scaling fintech disrupting the credit landscape.
- Lead a high-impact portfolio from the front.
- Work with a young, tech-driven, and entrepreneurial team.
