Head - Credit Risk

About the Team

The Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organization. The Credit Risk team, part of the Risk function at Navi, reviews and monitors the performance of credit underwriting policies and models, ensuring timely risk interventions and data-backed decision-making to manage portfolio quality.

About the Role

This role offers a unique opportunity to build and scale credit risk management frameworks from the ground up in collaboration with credit underwriting, analytics and data science teams. It involves driving portfolio quality and credit performance across credit products, blending deep analytical thinking with strategic execution to ensure sustainable growth while managing credit losses and risk exposure in a dynamic, fast-paced environment.

What We Expect From You

• Own accountability for credit losses and portfolio quality for the lending business, collaborating with business & underwriting teams to balance growth & credit risk as per profitability targets.
• With strong understanding of the borrower segments & behavior, define processes & frameworks for active portfolio management, credit risk monitoring, & be responsible for short term & long term credit risk for the portfolio across credit products.
• Work on the Risk function mandates related to credit & model risk management, aligning to the roadmap of planned objectives across these areas.
• Support quantitative risk measurement and management initiatives for the lending business. These initiatives could include:
• Review of AI / ML decision models and Underwriting Strategies
• Portfolio health monitoring, perform RCAs to mitigate risk
• Find patterns in the data and come up with actionable outcomes for prudent risk management
• Help prepare outputs of risk analytics initiatives such that engagement with Senior Management, Board Committees and external stakeholders can be facilitated
• Assist the Credit Risk function in ad-hoc quantitative modeling & risk analytics

Must Haves

• Bachelor's / Master's degree, preferably with specialization in economics / statistics / quantitative finance
• Excellent problem solving skills and attention to detail
• Working knowledge of SQL, Excel, Tableau. Python would be a plus
• Ability to find patterns in data and analyze potential impact against key business drivers
• Work in a dynamic environment of business, structure problems, define and track actionables
• Excellent verbal & written communication skills, as well as presentation skills

Inside Navi

We are shaping the future of financial services for a billion Indians through products that are simple, accessible, and affordable. From Personal & Home Loans to UPI, Insurance, Mutual Funds, and Gold we're building tech-first solutions that work at scale, with a strong customer-first approach.

Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India's fastest-growing financial services organisations. But we're just getting started!

Our Culture

The Navi DNA

Ambition. Perseverance. Self-awareness. Ownership. Integrity.

We're looking for people who dream big when it comes to innovation. At Navi, you'll be empowered with the right mechanisms to work in a dynamic team that builds and improves innovative solutions. If you're driven to deliver real value to customers, no matter the challenge, this is the place for you.

We chase excellence by uplifting each otherand that starts with every one of us.

Why You'll Thrive at Navi

At Navi, it's about how you think, build, and grow. You'll thrive here if:

You're impact-driven : You take ownership, build boldly, and care about making a real difference.

You strive for excellence : Good isn't good enough. You bring focus, precision, and a passion for quality.

You embrace change : You adapt quickly, move fast, and always put the customer first.