Job ID : 2461

About Company

The Employer is a platform in the financial services sector in India set up primarily with the mission of catering to the diverse credit requirements of under-served households and businesses.

As a leading player among India’s NBFCs, the Employer's business model is diversified across offerings, sectors, products, geographies, and borrower segments.
Its proprietary integrated technology system and its risk management framework enable it to offer a diversified product suite, efficiently at scale.

The Employer has cumulatively raised over INR One Trillion in funds for its clients since the inception of its platform. Employer’s exposure is spread across 657 districts in 28 states and 7 Union Territories in India.

Through its deep credit insights, proprietary risk models, structuring capability, and agile technology platform, the Employer offers suitable debt products that meet the requirements of borrowers and lenders in sectors like Microfinance, Small Business Loans, Vehicle Finance, Affordable Housing Finance, Agriculture Finance, Consumer Finance, and Mid-Market Corporates.

Benefits of joining this company

- Average variable pay (bonus) of 20%

- Best in industry healthcare for you and your family: Group Medical Insurance with coverage of Rs 15 Lakhs per annum (For self + 5 dependants) including parents or parents-in-law.

- Annual health check-up: Free annual health check-up worth INR 3,000

- Fitness Reimbursement per annum: INR 20,000

- Meal Card: Meal card can be availed as tax-saving benefit.

- Security Deposit: A rental advance on the actuals or 10 times your HRA can be availed and to be repaid at the time of exit.

- Diversity-focused Leaves: Paternal Leave, Adoption leave in addition to other leaves

- Maternity & Paternity Benefits: Best in class Maternity & paternity benefits.

- Beverages, Fruits & Snacks: on the house.

- Office timings are 9:30 AM to 6:30 PM (Monday to Friday)

- Off on 2nd and 4th Saturdays. Optional work from home on odd Saturdays (10 AM to 4 PM)

Note: These benefits are communicated to us by the Employer. It is advisable to confirm the same during your interview/ interaction with Company HR

Job Description

• Develop hybrid product and credit policies to facilitate the launch of Personal Loan programs with various partners, including Fintech LSPs and NBFCs.
• Support the digitalization of the loan journey, from login to disbursement. This includes implementing timely system changes and conducting thorough UAT  for new product and policy integrations.
• Manage pre- and post-partnership onboarding, ensuring a flawlessly functioning Business Rules Engine (BRE) through rigorous testing
• Amendment, Review and Renewal of existing Credit Policies and Processes by conducting competitor benchmarking and studying ongoing market trends
• Continuously monitor credit decision data for primary partnerships, including reviewing limit notes, risk notes, and CC approval conditions. Track credit decision volume and conduct daily sampling of sanctioned/disbursed customers. Provide feedback to Origination, Tech & product teams based on the data analysis.
• Visiting partners and working with their senior management and other stakeholders to identify potential risk areas. These risks may be in corporate governance, quality of field operations, human resources, MIS, underwriting, security creation, credit operations, collections, monitoring and control systems or financial health of the entity. In case of risks identified, make recommendations on possible measures to mitigate / avoid such risks through process changes etc. and monitor progress.
• Adding to the body of understanding of asset classes in which the NBFC is working with a focus on Various Product CF, SBL, TWE & MFI, by participating in due diligences with origination team, participating in credit committee meetings, research or any secondary study.
• Monitoring sector level risks in consumer finance and recommending necessary course of action at an entity, geography and sector level as well as engaging with other stake holders such as the NBFC CFs, other investors, credit bureaus etc. to drive consensus around prudent business and risk management practices in the sector
• Refining existing and developing new risk management models, frameworks and tools.
• Engage closely with other teams in the risk function such as risk analytics and risk modelling to for macro issues relating to understanding of sector risk as well as micro issues relating to client reporting for structured finance transactions, overdue analysis etc. and analysis of data repositories such as transaction data and credit bureau data.

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