Credit Risk Manager

3 days ago


Mumbai, Maharashtra, India Liquiloans (NDX P2P Pvt Ltd) Full time

Company Overview:

Liquiloans (NDX P2P Pvt Ltd) is a RBI registered NBFC, funded by Matrix Partners & CRED. We aim to provide faster loans at cheaper interest rates and enable investors to give loans in a safe and legal manner.

About the Role:

We are seeking an experienced Credit Risk Manager to join our team. As a key member of our credit risk management function, you will be responsible for establishing credit risk assessment criteria and methodologies to evaluate the creditworthiness of potential borrowers.

Key Responsibilities:

  • Establish credit risk assessment criteria and methodologies to evaluate the creditworthiness of potential borrowers
  • Identify credit policy improvements to improve approval rates and reduce NPA
  • Develop and refine credit scoring models and decisioning processes
  • Perform monthly reviews of credit policies to analyze month on month movement of approval rates, bounce rates and roll forward rates, perform gap analysis to AOP and deep dive into problem solving
  • Perform Competition benchmarking and identify areas of improvement in credit risk assessment
  • Establish underwriting guidelines and criteria for approving or denying credit applications
  • Review Credit Underwriting SOPs for manual underwriting along with Credit Underwriting managers
  • Implementation and monitoring of systems and infrastructure for Credit Risk Evaluation along with product and other risk sub-units
  • Aligning product pricing for Personal Loans and Two Wheeler Loans, to the AOP goals
  • Balance risk considerations with the need to provide a positive and streamlined experience for customers during the credit application process
  • Monitoring and review of Credit Line limit and pricing across borrower segments and dealer
  • Ensure minimal drop-offs due to pricing and limit availability while ensuring risk coverage
  • Analyze the performance of the existing credit portfolio, identifying trends and areas of concern
  • Implement systems and processes to monitor credit exposures and track key credit underwriting metrics
  • Provide insights and recommendations for optimizing the credit portfolio to business teams
  • Generate regular reports for senior management and stakeholders on the credit portfolio's performance and risk profile
  • Review and monitor loss forecasting and forecasting models for all Captive lending products

Skills Required:

  • Excellent Problem-Solving & Analytical skills
  • Excellent knowledge of Credit Policy
  • Risk Identification & Mitigation Knowledge
  • Strong with Numbers (Quantitative Ability)

Salary: ₹1500000 per annum



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