Job Description
<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><b><span style="border:none windowtext 1.0pt; font-size:10.0pt; padding:0cm"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">GrayQuest</span></span></span></b><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black"> - <b><span style="border:none windowtext 1.0pt; padding:0cm">Assistant Vice President - Credit</span></b></span></span></span></span></span></span></span></span></p>
<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">At GrayQuest, we are looking for a dynamic individual to join us as an <b><span style="border:none windowtext 1.0pt; padding:0cm">Assistant Vice President - Credit,</span></b> to help us strengthen our risk frameworks as we build India's largest education focused financing company.</span></span></span></span></span></span></span></span></p>
<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><b><span style="border:none windowtext 1.0pt; font-size:10.0pt; padding:0cm"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Some Key Responsibilities :</span></span></span></b></span></span></span></span></span></p>
<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Unsecured Lending Product:</span></span></span></span></span></span></span></span></p>
<ul>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Credit Underwriting, Credit Operations - Responsible for also consistently tracking market and defining implications on the company</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">New school, College and Institute onboarding Risk due diligence</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Accountable for maintaining & constantly innovating & updating our underwriting logic including building proprietary policy & early warning signals working in conjunction with the data Analytics team</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">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</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">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</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Ability to influence a culture of risk awareness in the organisation.</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Set objectives for measuring, monitoring, evaluating and mitigating the risk exposure and ensure that they are reported in a timely manner</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Implement a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Ensure that the risks are properly addressed in terms of compliance with existing rules and regulations established by internal, local regulators</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Develop predictive dynamic monitoring procedures/systems for the Credit Risk team</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Coordinate with cross-functional teams like IT, Operations, Finance, Legal, Compliance, Product, Analytics etc</span></span></span></span></span></span></span></span></span></li>
</ul>
<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><b><span style="border:none windowtext 1.0pt; font-size:10.0pt; padding:0cm"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">REQUIREMENTS</span></span></span></b><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">:</span></span></span></span></span></span></span></span></p>
<ul>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Bachelor's Master's Degree in Finance, Business, Economics or related field</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Having at least 6+ years progressive experience in the Risk Management field with Banks/Credit Card companies</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Experience in credit & risk function at banks, NBFC or fintech - including underwriting, credit operations and collections</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Understanding of statistics and quantitative data analysis methods</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Knowledge of modern regulations and practices related to credit risk</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Excellent analytical and problem-solving skills.</span></span></span></span></span></span></span></span></span></li>
<li style="margin-bottom:11px"><span style="font-size:11pt"><span style="background:white"><span style="line-height:normal"><span style="tab-stops:list 36.0pt"><span style="vertical-align:baseline"><span style="font-family:Calibri,sans-serif"><span style="font-size:10.0pt"><span style="font-family:"Segoe UI",sans-serif"><span style="color:black">Excellent communication, organizational and managerial skills.</span></span></span></span></span></span></span></span></span></li>
</ul>
