Credit Head

1 month ago


Delhi NCR, India iimjobs Full time

Head Credit - Personal Loan/Digital Loan - Fintech Company


The role of Head of Credit Policy is a crucial and strategic position that involves overseeing and managing the credit risk framework and policies of the organization. Here is an overview of the typical job profile for this role:

Credit Policy Development :

- Design and develop credit & underwriting policies that align with the overall business strategy of the Fintech business.

- Establish credit risk assessment criteria and methodologies to evaluate the creditworthiness of potential borrowers.

Compliance :

- Ensure that credit policies and practices comply with regulatory requirements as per RBI and industry standards.

- Stay abreast of changes in regulations related to credit and lending, and update policies accordingly.

Portfolio Analysis :

- Analyze the performance of the existing credit portfolio, identifying trends and areas of concern.

- Provide insights and recommendations for optimizing the credit portfolio to achieve business goals.

Collaboration :

- Collaborate with other departments such as finance, Product and technology to ensure alignment of credit policies with overall business objectives.

- Work closely with data analytics teams to leverage data-driven insights for credit decision-making.

Credit Decisioning :

- Develop and refine credit scoring models and decisioning processes.

- Establish underwriting guidelines and criteria for approving or denying credit applications.

Monitoring and Reporting :

- Implement systems and processes to monitor credit exposures and track key credit underwriting metrics.

- Generate regular reports for senior management and stakeholders on the credit portfolio's performance and risk profile.

Training and Development :

- Provide training and guidance to the credit team and other relevant departments on credit policies, procedures, and best practices.

Customer Experience :

- Balance risk considerations with the need to provide a positive and stream lined experience for customers during the credit application process.

- The Head of Credit Policy plays a key role in shaping the credit risk strategy of the fintech company, contributing significantly to its growth and sustainability.



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