Job Description
Risk Manager LAP (Secured Lending)
Company Overview
We are an
8-year-old, recently funded lending fintech with our
own NBFC license, focused on building scalable and compliant secured lending products. Risk management plays a critical role in maintaining asset quality and sustainable portfolio growth.
Role Overview
We are looking for a
Risk Manager LAP (Secured Lending) with
25 years of hands-on experience in secured lending to support credit underwriting and portfolio monitoring for our LAP business. The role requires strong fundamentals in credit appraisal, property-backed lending, and portfolio risk management.
Key Responsibilities
Credit Risk & Underwriting (LAP)
- Evaluate and underwrite Loan Against Property (LAP) proposals in line with internal credit policies.
- Assess borrower profiles, income/cash flows, bureau reports, and repayment capacity.
- Review property valuation, legal, and technical reports to identify and mitigate risks.
- Ensure adherence to LTV, FOIR, ticket size, and tenor norms.
- Prepare credit notes and recommendations for approvals.
Portfolio Monitoring & Risk Control
- Track portfolio performance including DPD trends, vintage analysis, roll rates, and early warning indicators.
- Support initiatives to reduce delinquencies and improve portfolio quality.
- Monitor concentration risks across geography, borrower segment, and property type.
Policy, Compliance & Governance
- Assist in periodic review and enhancement of credit risk policies and underwriting guidelines.
- Ensure compliance with RBI / NBFC regulations and internal processes.
- Support audits, regulatory inspections, and risk reporting.
Cross-Functional Collaboration
- Work closely with Sales, Operations, Legal, Technical, and Collections teams.
- Provide risk inputs to collections teams for resolution and recovery strategies.
- Support business teams with risk insights while balancing growth objectives.
What We Are Looking For
- 25 years of experience in secured lending / LAP underwriting with a Fintech, NBFC, or Bank.
- Strong understanding of secured credit appraisal and property-backed lending.
- Hands-on experience with self-employed, MSME, or salaried LAP customers.
- Ability to evaluate risk independently and escalate concerns appropriately.
Educational Background
- Graduate / Postgraduate in Finance, Management, Engineering, or a related field.
Technical & Analytical Skills
- Proficiency in Excel and credit MIS reporting.
- Ability to analyze portfolio data and identify risk trends.
- Basic exposure to analytics tools or dashboards is a plus.
Skills: lap,underwriting,credit,secure lending,risk
