Khatabook - Senior Manager/Associate Director - Credit (8-12 yrs)

- MSMEs contribute significantly to India's total GDP.

- 90% of India's ~$1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs).

- Which means ~$900B worth of commerce flows through these ~60M MSMEs in the form of shops/kiosks/homes, scattered all over the country.

- We at Khatabook, have a vision to empower MSMEs and help them increase their incomes.

- We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow.

- Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior.

- Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.

Why work with us?

- People are our biggest asset! At Khatabook, every one of us is a dynamic superstar.

- We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground.

- We're a strong team that looks out for each other.

Your role:

- We, at Khatabook are looking to hire a Senior Manager / Associate Director Credit Risk.

- If you want to tackle hard and interesting problems at scale and create an impact within an entrepreneurial environment, this is the place for you.

What would you do at Khatabook?

- Develop and continually improve credit risk policies based on portfolio trends and early warning signals.

- Portfolio Management, including early warning signals.

- Develop and manage the Credit Risk KPI tracking mechanism.

- Develop and manage the Expected Credit Loss/ Risk Estimation Model.

- Coordinate cross-functionally for the communication, implementation, and improvement of credit risk strategies with minimal impact on business growth.

- Liaise with Decision Science and Product teams to regularly enhance credit risk metrics and keep them below benchmarks.

- Develop and implement fraud control processes.

- Support the Finance team in AOP and other risk related reporting's/projections.

- Assist the Collection team in developing and improving collection strategies.

- Liaise with third-party lenders for policy alignment.

- Communicate and implement credit policies, processes, and systems to the underwriting team.

- Designing and leading Policy experiments.

What are we looking for?

- 8+ years UW + Policy experience in unsecured (preferably UBL /Cards) + secured (preferably HL, LAP)

- Have worked in both NBFC / Bank & Fintech Lending experience.

- Should be very adept at data handling (SQL, Python, R) & spreadsheets (Excel, G Sheets).

- Should have deep understanding of Risk selection models (application Scorecards) & Loss prediction models (ECL Expected Credit Loss)