Manager - Credit Risk

About the Team The Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organization. The Credit Risk team, part of the Risk function at Navi, reviews and monitors the performance of credit underwriting policies and models, ensuring timely risk interventions and data-backed decision-making to manage portfolio quality.About the Role This role offers a unique opportunity to build and scale credit risk management frameworks from the ground up in collaboration with credit underwriting, analytics and data science teams. It involves driving portfolio quality and credit performance across credit products, blending deep analytical thinking with strategic execution to ensure sustainable growth while managing credit losses and risk exposure in a dynamic, fast-paced environment.What We Expect From You ● Own accountability for credit losses and portfolio quality for the lending business, collaborating with business & underwriting teams to balance growth & credit risk as per profitability targets. ● Provide feedback loops to underwriting and policy design based on portfolio performance and loss trends, influencing credit strategies and guardrail settings. ● Lead model risk management, including review of AI/ML decision models, documentation, and reporting to relevant governance and board committees. ● Enhance and manage ECL models (PD/LGD/EAD), ensure model calibration and governance, and present insights and outcomes to senior management and board committees. ● Monitor portfolio health, identify early warning indicators, and perform RCA (Root Cause Analysis) for any breaches of defined risk thresholds; ensure corrective actions are implemented. ● Partner with cross-functional teams (business, data science, finance) to align stakeholders on risk estimates, portfolio actions, and strategic priorities. ● Facilitate risk communication through well-structured presentations and reports for senior leadership, board committees, and external stakeholders. ● Continuously identify opportunities for process improvements, automation, and analytical enhancement within credit risk management.Must Haves ● Bachelor’s or Master’s degree, preferably from a premier institute. Relevant experience in fintech, banking, or credit risk management would be a plus ● Strong analytical and problem-solving skills with a deep understanding of predictive modelling and AI/ML algorithms ● Proficiency in SQL, Excel, Tableau; working knowledge of Python is a plus. ● Proven ability to translate analytical insights into business strategy and actions. ● Strong stakeholder management skills with the ability to engage effectively with senior leadership and governance forums. ● Excellent communication and presentation skills, with a keen eye for detail and accuracy.Inside Navi We are on a mission to make finance simple, accessible and affordable for a billion Indians. Guided by a strong customer-first approach, we are building tech-first solutions that work at scale. Our offerings include a range of financial products and services across Loans, Insurance, Mutual Funds, Digital Gold and UPI. Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India’s fastest-growing financial services organisations. But we’re just getting startedOur Culture At Navi, we’re a place where ambition meets opportunity and ideas turn into impact quickly. We empower people with high ownership from the start, encouraging them to solve meaningful problems and build with excellence. Teams here work in an environment that values speed, collaboration and craftsmanship, while celebrating learning, growth and shared wins along the way. Whether you’re shaping the future of fintech products or driving innovation behind the scenes, life at Navi means being part of a high-energy, talent-driven workplace where your contributions truly make a difference. We’re guided by our own operating system - The Navi OS - a set of principles that shape how we work and win together. You can explore them at navi.com/our-values to see what drives us every day.If this feels like you, Navi is the place to grow, thrive and make a real impact