Lead - Credit Risk - FinTech (12-20 yrs)

Key Responsibilities:

Credit Risk Management:

- Develop, implement, and maintain comprehensive credit risk policies and procedures aligned with regulatory requirements and industry best practices.

- Oversee the credit underwriting process, ensuring adherence to credit policies and risk appetite.

- Monitor portfolio performance, including key metrics such as delinquency rates, loss ratios, and probability of default.

- Identify and assess credit risks, including counterparty risk, market risk, and operational risk. Implement effective risk mitigation strategies, such as collateralization, diversification, and hedging.

Credit Policy and Strategy:

- Develop and implement credit policies and strategies that support the company's business objectives while maintaining a strong risk profile.

- Set credit limits, pricing policies, and risk appetite for various product lines. Review and approve credit proposals, ensuring compliance with credit policies and risk limits. Conduct periodic reviews of credit policies and procedures to ensure their effectiveness.

- Portfolio Management: Monitor the overall credit portfolio to identify potential risks and opportunities.

- Conduct regular portfolio reviews, including analysis of concentration risk, industry risk, and geographic risk.

- Implement early warning systems to detect potential credit deterioration. Take timely action to mitigate credit losses, such as restructuring loans or initiating recovery actions.

Team Management:

- Lead and manage a team of credit risk professionals, providing guidance, coaching, and training. Foster a strong team culture and promote collaboration and knowledge sharing. Recruit and develop talent to ensure a high-performing credit risk team.

-Regulatory Compliance:

- Ensure compliance with all relevant regulatory requirements, including Basel III, RBI guidelines, and other applicable regulations.

- Monitor regulatory changes and implement necessary adjustments to credit policies and procedures. Work closely with regulatory authorities to address any concerns or inquiries.

Digitalization and Innovation:

- Drive the digital transformation of the credit risk function, leveraging technology to improve efficiency and accuracy. Implement advanced analytics and machine learning techniques to enhance credit risk assessment and decision-making.

- Develop innovative credit products and services to meet the evolving needs of customers.

Required Skills and Experience:

- Extensive experience in credit risk management, with a deep understanding of retail and corporate lending. Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.

- Proficiency in credit risk modeling and statistical analysis.

- Experience in managing teams and leading projects.

- Knowledge of regulatory requirements and industry best practices. Strong understanding of financial markets and economic trends.

- Experience in working with various stakeholders, including business units, operations, and technology teams.

Desired Qualifications:

- Advanced degree in finance, economics, or a related field. Professional certifications in credit risk management, such as FRM or PRM. Experience in a fintech or digital lending environment.