Address
Form of workAbout the Team
Would you like to be part of creating a unicorn within a unicorn? Solve some of the biggest challenges facing financial inclusion of Bharat? Well, then here’s your chance!
Financial Services (FS) is one of the biggest new bets we are taking at Meesho on the next 10x horizon opportunity for us. Just as Ant Financial did for Alibaba, and Mercado Pago did for Mercado Libre, our vision is to build financial services for Meesho, becoming our key growth and revenue driver.
We are building out our founding team, currently in our 0-to-1 phase where we will find our Product-Market Fit - designing the right products and working with the right partners - and scale 1-to-n soon after - driving traffic and constantly improving our product. It is possibly one of the most exciting and enriching experiences one could consider in their career.
As a Financial Services team, we always look at the bottom line. And the bottom line is - in this team, you should expect to have fun as you learn and grow.
About the Role
Lending is going to be our primary focus in this phase of our FS journey, and risk management is at the core of building any sustainable credit business at scale. Herein also lies potentially our biggest challenge for
Meesho users: How do we assess risk of borrowers without any credit history? How can we leverage alternative information to better profile borrowers? How can we leverage our platform uniquely to create a sustained competitive advantage?
The Person will be responsible for driving the analytics behind all these questions, from creating analytical frameworks, developing high quality analysis, driving insights and actions, and owning policy decisions.
- What you will Do
- In the early phases, your role will focus more on developing rudimentary analysis to define day-1 policies:
- Analyzing and Designing credit policies using Meesho platform data, bureau data, alternate data.
- Creating Scorecards and models for approval.
- Designing experiments to test cohort behavior and experimental policies.
- Identifying leading indicators / EWS.
- Responsibilities Over the longer horizon , as the program scales you are expected to do the following:
- Credit Risk Management / Portfolio monitoringRefine the Credit policies and create new policies to lend in unexplored segments.
- Own end to end ML model development methodology : feature creation, development, tuning, validating, monitoring, calibrating wherever required and creating strategies on top of it.
- Coding up BRE , automating credit policies as well as underwriting decisions if need be.
- Initially an IC role but expected to guide and manage a team of analysts.
- What you will need
- 6-9 years of relevant Fin-Tech experience, preferably in Digital Unsecured Lending, with products like business loans ( SME ), BNPL and PL ( Consumer )
- Independently drive and conceptualize projects on Risk and Data science.
- Strong RCA skills along with excellent critical thinking skills, combined with the ability to present your beliefs clearly and compellingly, both verbally and in written form.
- Working knowledge of SQL, Big Data systems like Hive, metabase or any other database for data mining in structured as well as unstructured data analytics.
- Expert in PD, EAD, LGD modeling in Python environment. Ability to thrive in a fast-paced, collaborative VUCA environment.
- Engineering or Masters in Statistics or Data SciencePrior experience in fast paced Credit Risk policy, Risk Analytics or Decision Science team.
About Meesho
Meet Meesho - India’s only true e-commerce marketplace.
Welcome to Meesho, where every story begins with a spark of inspiration and a dash of entrepreneurial spirit. We're not just a platform; we're your partner in turning dreams into realities.
Meesho (Meri shop) started with a single idea in mind - to be an e-commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online. Meesho is democratizing internet commerce in India. The company provides sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost. Over 1.4 million sellers are registered on Meesho, growing their business by tapping the company’s massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an 'Everyday Lowest Cost' channel for sellers.
Meesho has been a catalyst for over individual entrepreneurs, propelling them into an online business with zero initial investment. What sets us apart is our revolutionary 0% commission model for sellers, a pioneering concept in the Indian e-commerce landscape. Our vision extends beyond being a platform; we aspire to be the e-commerce destination for Bharat—a testament to our dedication to inclusivity and accessibility.
Meesho milestone:
Our journey is marked by significant milestones, including a valuation of $4.9 billion and the unwavering support of renowned investors such as Sequoia Capital, Softbank, Fidelity, Prosus Ventures, Facebook, and Elevation Capital. Meesho proudly found its place in Y Combinator’s 2021 Top Companies List and was the sole Indian startup featured in Fast Company’s The World’s 50 Most Innovative Companies in 2020. In 2021, we claimed the 6th spot in Linkedin’s Top Startups List.
9 crore orders every month~13 Lakh seller on the platform 75% of user from Tier 2+ cities of India 3.6 cr monthly and 14 cr Annual transiting users12+ Cr product listings on Meesho A new product uploaded every second
But beyond the numbers and accolades, our true strength lies in our people. At Meesho, we champion a people-first culture with gender-neutral and inclusive policies. Discover opportunities to be part of our dynamic team at meesho.careers .
Join us on this exhilarating journey, where innovation meets inclusivity, and every entrepreneur's dream finds a home. Explore more about our story and vision through our insightful blogs!
Our mission:
Democratising e-commerce for Bharat.Meesho is focused on building and making e-commerce accessible for the next billion users. Affordable, relatable merchandise mirroring local markets has helped us make inroads with first-time internet users in the country. With ~80% of Meesho’s 140 million annual transacting customers coming from Tier 2+ cities and towns, the company has been instrumental in bringing new-to-e-commerce users online. Meesho has made e-Commerce more accessible, affordable and engaging for a unique and underserved ‘non-affluent’ user segment. With a strong value proposition of Everyday Lowest Prices, the platform hosts one of the largest selection of quality products at affordable prices
Our purpose:
Har Indian ka APNA MARKET
Our founders:
Vidit Aatrey : Co-Founder and CEO
Sanjeev Barnwal : Co-Founder and CTO
meesho.io Meesho Blogs | One Of The Best Tech Blogs In India
Learn about Meesho culture, news and what goes on in building the fastest growing e-commerce app in India.
