Risk Associate

Job Description: Risk Associate (Associate / Manager)
About Credit Saison:
Established in 2019, CS India is one of the country’s fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with Non-Bank Financial Companies (NBFCs) and fintech’s. Its tech-enabled model coupled with underwriting capability facilitates lending at scale, meeting India’s huge gap for credit, especially with underserved and under penetrated segments of the population.

Credit Saison India is committed to growing as a lender and evolving its offerings in India for the long-term for MSMEs, households, individuals and more. CS India is registered with the Reserve Bank of India (RBI) and has an AAA rating from CRISIL (a subsidiary of S&P Global) and CARE Ratings.
Currently, CS India has a branch network of 45 physical offices, 1.2 million active loans, an AUM of over US$1.5B and an employee base of about 1,000 people.

Credit Saison India (CS India) is part of Saison International, a global financial company with a mission to bring people, partners and technology together, creating resilient and innovative financial solutions for positive impact.

Credit Saison Co., Ltd. (株式会社クレディセゾン) is a leading Japanese financial services company, founded in 1951 and headquartered in Tokyo. As the 3rd largest credit card issuer in Japan, Credit Saison boasts over 35 million cardholders. The company operates across five main segments:
Payments (B2C): Offering a variety of payment services, including credit and prepaid cards, and smartphone-based payments.
Payments (B2B): Providing credit cards and other payment services to businesses, enhancing cash flow and back-office efficiency.
Finance: Offering financial products for home purchases, rentals, and leases.
Global Business: Delivering digitalized and localized financial services to underserved communities in Southeast Asia, India, and Latin America.
Asset Management: Providing asset management services tailored to business operators' capital investment plans.
Saison International serves as the international headquarters and global business arm of Credit Saison and plays a key role in connecting its subsidiaries. Established in 2014, Saison International operates in Southeast Asia, India, and Latin America, partnering with local non-bank financial institutions and FinTech companies to manage a lending business for individuals and MSMEs. This includes
Onshore subsidiaries engaged in wholesale lending in Brazil and Mexico
An offshore wholesale lending business based out of Singapore (Saison Investment Management Pte Ltd)
A non bank finance company in India engaged in both retail and wholesale lending.
Associates enagaged in retail and wholesale lending in south east Asian countries such as Indonesia and Vietnam.
In addition to its lending business, Saison International also engages in Investment activities, including venture capital.
Saison International has been the key driver of growth for Credit Saison, notably establishing a US$ 2bn lending business in India in the last 5 years. Saison International forms the core of the group's future growth strategy.

2. About the Role
Risk Oversight and Management
Credit Risk: Assist in assessing and managing credit risk for lending activities.
Market Risk: Help monitor and manage market risk exposures.
Liquidity Risk: Support liquidity management and contingency planning.
Operational Risk: Assist in identifying and mitigating operational risks.
Risk Capital Calculation and Stress Testing
Risk Capital: Help calculate risk capital requirements.
Stress Testing: Assist in performing stress tests and developing methodologies, including secondary research to identify and model risks specific to the portfolio.
Risk Reporting and Communication
Risk Reports: Help develop risk reports for senior management.
Audit Preparation: Assist in preparing for audits and ensuring compliance.
Team Development and Collaboration
Knowledge Sharing: Support sharing of risk expertise and best practices.
Collaboration: Work with other departments to ensure holistic risk management.
Continuous Improvement
Framework Enhancement: Assist in improving risk management tools and methodologies. This could involve secondary research.
Training: Participate in training programs to enhance skills.

Other Aspects
Geographical Scope: Focus on Southeast Asia, Brazil, and Mexico in first year.
Travel Requirements: Infrequent travel, potentially to Singapore and some of the subsidiaries.

3. Leadership Accountabilities
Support risk assessment and management for Saison International.
Collaborate with the business teams and risk teams across subsidiaries to support comprehensive risk evaluation.
Reliably prepare risk reports to risk management committee and improve efficiency over time.
Learn key aspects of effective monitoring and reporting of risk factors across risk types.
Support knowledge sharing across risk teams / subsidiaries