Lead Risk Manager

Summary

Join FairMoney as a Lead Risk Manager and oversee the operational processes of lending, owning collections strategies and ensuring portfolio performance aligns with company OKRs. You will define credit risk strategy, conduct A/B tests, advise the collections team, optimize loan extensions, collaborate with Data Science and Product/Engineering teams, maintain risk policy, communicate performance results, and mentor team members. This key role requires significant credit risk experience in Fintech/retail banking, expertise in credit risk analysis, strong quantitative skills, and proficiency in SQL and BI tools. FairMoney offers paid time off, family leave, training and development budget, and remote work.

Requirements

• 5 to 10 years of credit risk experience with exposure to Fintech / retail banking credit risk (consumer loans) / NBFCs
• Previous exposure to operational processes of a consumer lending product
• Good understanding of recollection tools such as extensions, rescheduling, restructuring, waivers, debt sales
• Expert in credit risk analysis/underwriting principles, methods, and practices, including key data science concepts
• Experience in setting up different A/B tests and building sensitivity analysis
• Proficient SQL user, with reasonable experience with BI tools like Tableau, PowerBI, or similar
• Strong quantitative analysis experience
• Strong attention to detail and ability to notice discrepancies in data
• Impeccable understanding of financial statements, ratios, and concepts
• Strong communication skills

Responsibilities

• Define the strategy for credit risk across different portfolio segments
• Do constant A/B tests on different strategies to find the optimal one
• Advise the collections team on the intensity of actions needed on the portfolio
• Find the optimal offers and pricing levels for loan extensions across different client segments to maximize the lifetime value of our lending clients
• Work closely with the Data Science department to build a data-driven strategy
• Work closely with the Product and Engineering team on improvements for the lending product
• Maintain the risk policy and adherence thereof
• Communicate the performance results with the respective stakeholders
• Mentoring and coaching talents, scaling up the team as and when required

Benefits

• Paid Time Off
• Family Leave (Maternity, Paternity)
• Training & Development budget
• Remote work