Associate Manager II

2 weeks ago


Bengaluru, Karnataka, India Navi Full time

About NaviNavi 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 AgarwalKnow what makes you a "Navi_ite" :1.Perseverance, Passion and Commitment

  • Passionate about Navi's mission and vision
  • Demonstrates dedication, perseverance and high ownership
  • Goes above and beyond by taking on additional responsibilities2.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 standards3.Resilience and Adaptability
  • Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agilityAbout the role:Navi is looking for an Associate Credit Risk to be part of the Group Risk function, with a specific focus on quantitative risk management & assessment objectives looking at credit portfolio risk as well as model risk

Key responsibilities:
Work on the Risk function mandates related to credit & model risk management, aligning to the roadmap of planned objectives across these areasSupport quantitative risk measurement and management initiatives for the lending businessThese initiatives could include:Credit model validation / monitoringReview of AI / ML decision models and Underwriting StrategiesPortfolio health monitoring, perform RCAs to mitigate riskMacro-economic modeling and loss forecastingQuantification of stress testing outputsHelp prepare outputs of risk analytics initiatives such that engagement with Senior Management, Board Committees and external stakeholders can be facilitatedAssist the Group Risk function in ad-hoc quantitative modeling & risk analytics

Required Skills:

Bachelor's / Master's degree, preferably with specialization in economics / statistics / quantitative financeWorking knowledge of AI / ML techniques in quantitative modellingProficient knowledge of SQL, Excel, Tableau.

Python would be a plusExperience in financial modelling would be an add-onAbility to find patterns in data and analyze potential impact against key business driversWork in a dynamic environment of business, structure problems, define and track actionablesExcellent verbal & written communication skills, as well as presentation skills
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