Vice President - Digital Credit Portfolio Strategy & Credit Policy - IIT/NIT/IIM (8-10 yrs)

Role : Vice President - Credit Risk & Portfolio Management - Digital Micro Lending Platform

Company :

The company is a fintech venture striving to provide financial access to the two billion underbanked people in the emerging markets across Africa, Asia and Latin America. The company transforms alternate customer data into financial identity using machine learning to predict their financial behavior, thus enabling the financial institution to design financial products for them. The company has been globally recognized for the high potential and impact of its offering on the large unbanked population across various countries in the world. The company has been incubated by and is part of a multibillion-dollar business conglomerate.

Job Location: Gurgaon

Budget -35-40 LPA

Job Objective :

This role will lead the Risk & Portfolio function at the company, be accountable for driving the credit policy decisions across the customer life cycle as well as own the digital Lending Portfolio P&L both from ensuring acceptable risk performance as well as driving top-line revenue targets by finding expansion opportunities across partner-customer segments.

Job Responsibilities :

Digital Lending Portfolio Strategy & Credit Policy :

- Build credit strategy to drive the GTM strategy, customer eligibility and limit/exposure decisions through customer loan life cycle

- Develop and optimize customer journey and ongoing communication to drive upake, usage, credit education and repayment across multiple digital channels (SMS, USSD, OBD)

- Work with external debt collection agencies and optimize direct debit rules to drive collection effectiveness for delinquent customer segments and optimizing collection offers

- Building framework for measuring the periodic performance of existing strategies

digital lending Portfolio Monitoring, Forecasting & Governance :

- Responsible for Portfolio P&L forecasting and ensuring closed loop governance with banks & telcos to set and deliver on KPI targets

- Develop portfolio tracking metrics and design reports leveraging existing tech team

- Coordinate with partner team for due/ overdue PDD process. Propose and implement solutions to keep portfolio healthy interfacing data science, product and business operations team

Growth Opportunities :

- Identify new customer segments and product constructs and suggest revenue enhancement opportunities

- Collaborate with BD, product and business operations teams to develop and implement a "Test & Learn" agenda to continuously test new product constructs, refine offers and optimize the marketing effort/budget across the customer life cycle.

Desired Candidate Profile :

Work Experience: 8-10 years

Required Qualifications & Skills :

- Deep knowledge of scorecards, credit policies, and risk management in an unsecured retail lending context; , defining underwriting strategy & exposure management and owning portfolio KPIs for risk & revenue

- Experience in leading a 3-4 member analytics-driven credit policy team for specific markets/products; Hands-on experience as a data-driven credit strategy analyst to provide functional guidance to team

- Good analytical thought process and aptitude for problem-solving; Hands-on experience in data extraction using SQL, Python and Pyspark SQL (Big Data Hadoop/Spark Stack)

- Passion for using data and algorithms to drive underwriting decisions; Previous exposure to ML algorithms (preferably multiple)

- Strong entrepreneurial drive

Good to have :

- Previous experience in managing P&L for credit portfolio

- Experience in working with credit card firm/Digital Lending firms

- Hands-on experience in working with Telecom data

Compensation: 35-40 LPA