Risk Management Strategist

1 day ago


Bengaluru, Karnataka, India Clear Ventures Full time
About Clear Ventures

Clear Ventures is a dynamic organization at the forefront of innovation. We're dedicated to empowering restaurants with cutting-edge technology and resources to navigate the ever-changing landscape of the industry.

Salary

We offer a competitive salary of approximately $175,000 per annum, commensurate with experience.

Job Description

The Sr. Manager, Credit Risk role is pivotal in driving risk-informed growth for Toast's Fintech line of business. As a key member of our team, you will be responsible for developing and executing portfolio risk strategies, ensuring alignment with company appetite. Your expertise will play a crucial role in fostering innovation and optimizing risk-right growth decisions.

Main Responsibilities:
  • Portfolio Risk Strategy: Define, implement, and continuously improve the portfolio risk management strategy, ensuring alignment with company appetite.
  • Risk Reporting and Monitoring: Develop and maintain a comprehensive and timely reporting framework to provide risk visibility to management, ensuring that risk and return are optimized and in line with company goals.
  • Emerging Risk Identification and Mitigation: Proactively identify emerging risks and propose data-driven mitigation solutions to minimize potential losses and optimize returns.
  • CECL Reporting: Oversee the monthly CECL calculations and reporting process, collaborating closely with accounting and strategic finance teams to ensure the robustness of methodology and accuracy of loss reserve calculations.
  • Cross-Functional Collaboration: Foster strong partnerships with Product Management, Operations, Engineering, Data Science, Accounting, and Strategic Finance teams, driving alignment and facilitating data-driven decision-making.
  • Team Leadership: Mentor and coach a team of high-performing credit risk analysts, fostering their professional growth and development.
  • Risk Culture Advocacy: Promote a culture of risk awareness and excellence within the broader Fintech Risk team in India, providing leadership presence and guidance.
  • Policy Management: Maintain and update credit risk policy documents and procedures, ensuring compliance with regulatory requirements and industry best practices.
Required Skills and Qualifications

To succeed in this role, you'll need:

  • A minimum of 8-10 years of experience in consumer or small business lending in a quantitative risk strategy role, preferably in Fintech.
  • At least 3 years of experience in managing a team.
  • Proficiency in SQL and Python/R, with experience in data visualization tools such as Hex/ Tableau/Looker/Sigma.
  • Strong understanding of Corporate Finance and US GAAP Accounting principles, including CECL.
  • Exceptional written and verbal communication skills, with the ability to effectively convey complex ideas to both technical and non-technical audiences.
  • An inquisitive nature, with a passion for exploring variances, understanding root causes, and driving data-driven decision-making.
  • Proven ability to navigate a cross-functional, non-hierarchical environment, fostering collaboration and driving alignment across teams.
Benefits

We offer a range of benefits, including flexible working arrangements, opportunities for professional growth and development, and a dynamic work environment.



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