GrayQuest - Assistant Vice President - Credit

At GrayQuest, we are looking for a dynamic individual to join us as an Assistant Vice President - Credit, to help us strengthen our risk frameworks as we build India's largest education focused financing company.

Some Key Responsibilities :

Unsecured Lending Product:

• Credit Underwriting, Credit Operations - Responsible for also consistently tracking market and defining implications on the company
• New school, College and Institute onboarding Risk due diligence
• Accountable for maintaining & constantly innovating & updating our underwriting logic including building proprietary policy & early warning signals working in conjunction with the data Analytics team
• Accountable for keeping our NPAs under control. Establish Credit Rating system and Develop integrated Risk Management policy framework for all aspects of risks across the products
• Draft and develop Credit Risk Management policy for the Credit team and review/update to comply with the local banking law and regulations as and when required
• Ability to influence a culture of risk awareness in the organisation.
• Set objectives for measuring, monitoring, evaluating and mitigating the risk exposure and ensure that they are reported in a timely manner
• Implement a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators
• Ensure that the risks are properly addressed in terms of compliance with existing rules and regulations established by internal, local regulators
• Develop predictive dynamic monitoring procedures/systems for the Credit Risk team
• Coordinate with cross-functional teams like IT, Operations, Finance, Legal, Compliance, Product, Analytics etc

REQUIREMENTS:

• Bachelor's Master's Degree in Finance, Business, Economics or related field
• Having at least 6+ years progressive experience in the Risk Management field with Banks/Credit Card companies
• Experience in credit & risk function at banks, NBFC or fintech - including underwriting, credit operations and collections
• Understanding of statistics and quantitative data analysis methods
• Knowledge of modern regulations and practices related to credit risk
• Excellent analytical and problem-solving skills.
• Excellent communication, organizational and managerial skills.