Head Of Credit Risk & Fraud - Fintech

Position: Head of Credit Risk
About the role:
From a product offering point of view, they have multiple products available, including BNPL
(Buy Now Pay Later), CheckOut , Pay After Delivery, and a few
other innovative ideas that are under wraps.
For the BNPL product, the organization gives credit (calculated, thought through) to its end
users, to use our product at the merchants where we are integrated with. Few examples of the
merchants are Zomato, Myntra, BookMyShow, etc. These ‘calculated, thought through’
decisions are based on our ML algorithms that have been created, improved upon over the
years and mastered by our extremely talented teams. They work day-in and day-out in a
plethora of data, coming from merchants about the users, transactions etc which we use to
make business decisions and add immense value back to the merchant network.
Ideally, we would want to be able to give credit to as many end-users as possible, so that the
business grows. On the other hand, giving credit opportunity means owning risk; risk of
fraudulent actions in the network. So, to manage that risk - we should then give as little credit as
possible. This is where the Head of Credit Risk role comes in!
The position of ‘Head of Credit Risk’ owns the following work areas:
(a) Driving the development of ML models and heuristic rules to give right credit to right set of
users
(b) Driving the development of our anti-fraud systems
(c) Working with merchants and third party data providers to help get more data about
users to make better decisions
(d) Working with internal stakeholders to balance growth vs risk decisions
The role holder will be heading a team of ~16 employees (presently) composed of Product
Management professionals of Underwriting & Financial Analysis, Anti-Fraud Analytics and
Anti-fraud Monitoring teams.
The Credit Risk Head will be internally interacting with our CEO, CFO, Engineering Leads, Data
Scientists and Data Engineers. Externally, the person in this role, will also be talking to our
existing merchants (via our partner success team) to derive more value in their connection with
Our client, and with potential merchants to see the relevance of the data exchange possible
between them and oru client.
Needless to say, the role holder will be reviewing large data sets, or teams reviewing data sets,
hence, will be someone with extremely high qualitative aptitude and stakeholder management
skills.
Experience: Overall 8-14 years; Relevant in a Credit Risk role: 3+ years
Role Location: Working from Office, Bangalore, India.
Must have:
● Quantitative aptitude
● Relevant work experience of Credit Risk portfolio in Fintech space
● Experience of leading teams
● Excellent communication skills
● High bias for action
● Ability to see patterns and Problem Solving Mindset
● Innovative Thinking - to drive change and build the next big thing
Nice To Have:
● Analytical, Statistical background
● Understanding of the product management space will be a plus
Qualification
● A science or mathematics or Engineering (or equivalent) degree