Manager/Senior Manager - Credit Strategy

About Navi

Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI,

Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

Founders: Sachin Bansal & Ankit Agarwal

Know what makes you a Navi_ite :

1.Perseverance, Passion and Commitment

• Passionate about Navis mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above and beyond by taking on additional responsibilities

2.Obsession with high quality results

• Consistently creates value for the customers and stakeholders through high quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritizes tasks, and achieves higher standards

3.Resilience and Adaptability

• Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility

Responsibilities :

• Designing, implementing and maintaining underwriting strategies for the housing loan portfolio; own portfolio risk metrics - Bounces, PAR metrics, Roll rates etc
• Develop policies for new products, customer types and collaterali types in line with business

requirements (eg: loan against properties, self-employed underwriting etc)

• Responsible for portfolio monitoring, including creation and maintenance of relevant dashboards for early warning signals
• Work on identification of emerging credit risks across portfolio, and drive key initiatives to help achieve objectives of credit risk mitigation and identify policy implementation gaps
• Digitization of the processes, instrumentation of data and preparation of digital trackers to monitor the process as well improvement
• Collaborate with several stakeholder functions, such as Analytics, Tech, Product, Collections to achieve these outcomes
• The approach to this role will involve:

- Reviewing credit underwriting outcomes across various cuts - borrower level, segment level,

project level, etc to gather credit insights and make necessary policy modifications,

- Identifying policy implementation gaps, defining relevant negative signals, etc.

- Evaluate data sources - including alternate data sources for digital underwriting of housing

loans

- Objective assessments to verify outcomes driven by credit underwriting strategies

• Own the recommendations made from this process, and action items linked for appropriate conclusions

Key Skills Required :

• 8-12 years of relevant experience in credit strategy for housing loans
• Excellent analytical skills and eye to detail, to be able to look at problems using first principles
• Collaborative, effective as well as assertive in interactions with stakeholders
• Understanding of financial services in a digital ecosystem would be ideal
• Ability to work independently (Individual contributor) as well as with team to drive projects
• Hands-on experience with SQL would be a ideal but not mandatory
• Strong problem solving skills, business acumen and tech bent of mind
• Strong written and verbal communication skills with a talent for articulating