Location – Bengaluru Reporting Line – Head of Credit & Risk About WeRize Founded in 2019 by Vishal Chopra and Himanshu Gupta, WeRize is building India’s largest full stack fintech platform for 500 million underserved middle-class customers who live in 5000+ small towns of India. WeRize (Wortgage technologies pvt ltd) also owns RBI registered NBFC subsidiary (Wortgage Finance pvt ltd) This customer segment in small cities is not served by private sector banks, Insurers and Mutual Fund companies due to vast geography as well as the low ticket-size/lifetime value and is dependent on PSU/Govt. banks. PSU/Government banks rarely provide financial products beyond basic savings accounts and these customers lack access to unsecured loans, MSME loans, credit cards, affordable housing loans, loan against property, health/life insurance and investment products. WeRize manufactures innovative unsecured consumer credit, mortgages, loan against property, MSME loans, savings and insurance products designed for this customer base keeping in mind their needs, requirements and purchasing power, with a view to add a layer of financial security to their lives and enable access to credit. While customers in these geographies use smartphones, they need proper guidance and support when purchasing the right financial products for themselves. So, a pure digital model doesn’t work for this segment. WeRize has innovated on this front through its ‘Finance ki online dukaan (Social Shopify of Finance)’, a first of its kind social distribution tech platform in the financial services space that educates and enables local financially literate freelancers across these small towns to source business through online and offline channels, recommend the right financial product(s) to customers as well as provide after sales support. These freelancers, who are located in more than 5000+ towns and cities, earn as much as INR 30,000 a month from WeRize in commissions. Our social distribution platform supported by financially literate freelancers means an exceptionally low cost of customer acquisition (CAC) and operations costs compared to both fully digital and on-the-ground financial services providers. Digital conversions among this target group are way lower when compared to upper income customers in metros and hence pure digital CAC doesn’t work for this segment. While companies like LIC and Fino Bank also rely on freelancer distribution, they deploy local on-field teams/branches to manage freelancers in every city. That results in very high CAC and operations costs for such companies. WeRize on the other hand, has been able to acquire, train and manage thousands of freelancers in 5000+ cities only through its tech platform and without any feet-on-street team of its own. This results in a highly profitable business model for Werize. To know more about the company, please visit: https://www.werize.com/ Key Metrics • FY 25 revenue of 240cr at consol basis (growing ~70% year-on-year) • Loan book/AUM as of July 2025- INR 1400 cr. We plan to double this to 2500cr + in next 12 months across various secured and unsecured financial products • Profitability- Unlike most of other startups, we are already profitable because of our best- in- class unit economics. We made approx. 6.3cr of net profits before taxes on consol basis in the FY’24 (including all the costs -even ESOP costs) . In FY25, profits doubled to approx. 13.5cr despite industry wide slowdown. We are on track for 45-50cr of PBT in FY26. • We are super capital efficient. We raised a total of Rs 192cr equity and our current equity is more than that. Our superb low cost distribution model results in super low ops costs. • We are aiming for IPO in 2028 with 5 years of profits and aggressive growth. • Geography Covered- Served customers in 5000+ cities pan india. Fund Raise Funds Raised: $26 million Last Valuation - $200Mn Investors: - British International Investment (BII)-UK Government’s investment fund (Formally known as CDC group, BII is the British government’s investment fund. It’s a 48 billion dollar+ impact focused fund that has invested in some of the largest banks and NBFCs of India. - - - - - Sony Innovation Fund, Japan Sony Innovation Fund is the investment arm of Japan’s Multi-billion dollar Sony Corporation. Kalaari Capital (One of the largest Indian VC with $850MN AUM and investments such as Myntra, CureFit, Dream11, ElasticRun, Upstox, Simplilearn) Picus Capital , Germany (Fund run by Alexander Samwer- Co-Founder of Rocket Internet that had multiple billion Dollar + exits/IPOs – Lazada (SE-ASIA), Jumia (AFRICA), DeliveryHero(EU) ) 3one4 Capital (Early-Stage Fund with $750Mn AUM ) Orios Ventures (Early-stage fund with companies like Ola and Country Delight in its portfolio) Founders:- Vishal Chopra, Co-Founder & CEO: - Ex-CBO Lendingkart – Acquired by Temasek (Government of Singapore sovereign fund) - - - First hire of Amazon India - part of the leadership team that launched Amazon.in Regional Director, Souq.com - largest e-commerce player in the Middle East. Raised $425Mn, acquired by Amazon MBA, ISB Hyderabad Himanshu Gupta, Co-Founder & COO: - Ex-VP and Head of Data Science, Lendingkart - - - Data Scientist, S&P Global/IHS Markit BTech, IIT Delhi 15+ years’ experience in AI/ML and Data Science Leadership Team: Chief Collection Officer - - Ex-Head of Collections at IndusInd Bank AVP-Collections of Deutsche Bank Group CFO: - - - Ex- CFO of Aditya Birla Housing Finance Ex CFO of Edelweiss CA with 25+ years of overall experience Chief Product and Technology Officer (Founding Team Member): - - Btech CS, IIT Kanpur; Ex-Tech Leader at Paytm, Microsoft and Medlife Head of Business: - - - - - - - BTech, IIT Guwahati, MBA- IIM Ahmedabad Ex leadership of Uber, Kenco, Rivigo Head of Strategic Initiatives- Collections and Risk - - Btech – NIT Suratkhal, MBA – IMT Ghaziabad Ex leadership team of Furlenco, Kotak bank. ICICI bank Head of Data Science - - - B Tech CS – IIT Delhi Ex Lead - Analytics and Data Science at TATA Digital Ex Director – Risk & Data Science at Cars24 Head of Credit Ops (Founding Team Member): - - - - Ex-Zonal Head of Credit, HDB (HDFC subsidiary) 20+ years of risk and credit experience Head of Partnerships and Debt Raise/Treasury: - - Ex head of debt/capital markets at Udaan , MBA – XLRI Jamshedpur Ex ICICI bank Head of Financial Planning: - - Ex FP&A head at IIFL Finance CA with 20+ years of experience Head of Finance and Accounting - - Ex head of finance and accounts at PhonePe Ex head of finance and accounts at Credit Grameen Access, India’s largest Micro Finance NBFC Role Summary: We are looking for an experienced Chief Manager/ Director – Credit (LAP / Micro LAP) to lead the credit underwriting function, build scalable policies, strengthen risk controls, and drive business growth while maintaining portfolio quality. Key Responsibilities: Credit Policy & Framework • Define, develop, and implement credit policies, underwriting guidelines, and risk assessment frameworks for LAP and Micro LAP products. • Set up processes for property valuation, legal scrutiny, and title verification in collaboration with fulfillment and operations teams. • Continuously review and enhance credit norms based on portfolio performance and market dynamics. Underwriting & Approval • Lead a team of regional and central credit managers to ensure accurate and efficient underwriting of cases. • Review high-value proposals and approve cases within defined delegation of authority (DOA). • Ensure quick turnaround time (TAT) without compromising on portfolio quality. Risk Management • Monitor portfolio health and proactively identify early warning signals. • Work closely with the risk analytics team to track delinquencies, bounce rates, and NPAs. • Develop strategies to reduce credit losses and maintain a healthy risk-adjusted RoI. Cross-functional Collaboration • Partner with sales, fulfilment, collections, and operations teams to ensure smooth disbursal and high-quality portfolio origination. • Work with technology and data science teams to enhance credit decision engines and develop risk-based pricing models. Leadership & Team Development • Build, mentor, and lead a high-performing team of credit professionals across regions. • Drive a culture of ownership, accountability, and data-driven decision-making within the credit team. Attributes we are looking for: Education • MBA / CA / CFA / Postgraduate in Finance, Risk Management, or related fields. Experience • 8+ years of experience in credit underwriting and risk management, preferably in LAP / Micro LAP lending. • Strong exposure to secured lending, property documentation, and regional risk dynamics. • Prior experience working with fintechs, NBFCs, or digital lending platforms is preferred. Skills & Competencies • Deep understanding of LAP credit policies, property valuation, and legal verification. • Strong analytical and decision-making skills with a data-driven approach. • Excellent stakeholder management and collaboration skills. • Proven track record of managing large credit teams across multiple regions.