Portfolio Risk Manager

About Credit Saison India

Established in 2019, Credit Saison India (CS India) is one of the country's fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with Non-Bank Financial Companies (NBFCs) and fintechs. Its tech-enabled model coupled with underwriting capability facilitates lending at scale, meeting India's huge gap for credit, especially with underserved and under penetrated segments of the population.

Credit Saison India is committed to growing as a lender and evolving its offerings in India for the long-term for MSMEs, households, individuals and more. Credit Saison India is registered with the Reserve Bank of India (RBI) and has an AAA rating from CRISIL (a subsidiary of S&P Global) and CARE Ratings.

Currently, Credit Saison India has a branch network of 80+ physical offices, 2.06 million active loans, an AUM of over US$2B and an employee base of about 1,400 employees. Credit Saison India is part of Saison International, a global financial company with a mission to bring people, partners and technology together, creating resilient and innovative financial solutions for positive impact. Across its business arms of lending and corporate venture capital, Saison International is committed to being a transformative partner in creating opportunities and enabling the dreams of people.

Saison International is the international headquarters (IHQ) of Credit Saison Company Limited, founded in 1951 and one of Japan's largest lending conglomerates with over 70 years of history and listed on the Tokyo Stock Exchange. The Company has evolved from a credit-card issuer to a diversified financial services provider across payments, leasing, finance, real estate and entertainment. Based in Singapore, Saison International's global operations span over Singapore, India, Indonesia, Thailand, Vietnam, Mexico, Brazil, with active investments in debt, equity, corporate venture capital, and technology.

Job Description

As a candidate in the ECL and portfolio risk team, you shall be responsible for .

- Managing and implementing the ongoing monthly production of IFRS 9 expected credit losses using Credit Saison India's models, whilst providing insight and analytical commentary to allow Credit Saison India senior management to make complex considerations and a high level of management judgement on the expected credit loss calculations

- Enhance and manage IFRS 9 ECL Models ( PD, LGD,EAD) for different verticals in the organisation. Develop Statistical modelling for forward looking linkages as required

- Provide the lead in setting out and cascading IFRS 9 standards and requirements to the NBFC's due diligence teams and processes to ensure that new delivery partners will provide the necessary data and model output for IFRS 9.

- Provide insights on portfolio level trends, Early warnings indicators and emerging risk.

- Analyzing shifts in credit quality, growth, product mix, and delinquency rates that has impact on the company's performance

- Develop models for projecting portfolio performances used for deriving loss estimates, portfolio monitoring and budgeting purposes

- Partner with cross-functional teams (business, data science, finance) to align stakeholders on risk estimates, portfolio actions, and strategic priorities.

- Help prepare presentations on portfolio risk for Senior management review

- Manage, review and enhance the ICAAP for the company.

Requirements.

2-5 year experience in relevant field ( IFRS 9, PD/LGD/EAD Modelling, Credit Risk, Statistical modelling)

Master's degree in a relevant quantitative/risk/finance discipline from Tier I college

Experience in Banks/NBFC industry desirable

Proficiency of R/Python Mandatory

FRM/CFA is a plus