Risk Analyst - Personal Loan

Department: Risk Management

Role Overview

We are seeking an experienced Risk Analyst to join our Risk Management team, focusing on Personal Loan portfolios. The ideal candidate will have a strong background in credit risk assessment, portfolio analytics, and policy formulation within the Indian NBFC or Banking or Fintech sector. This role requires a strategic thinker who can balance risk and growth objectives while ensuring compliance with regulatory guidelines.

Key Responsibilities

• Credit Risk Analysis:
• Evaluate personal loan applications using internal scorecards, credit bureau data, and risk models.
• Identify high-risk segments and recommend mitigation strategies.
• Portfolio Monitoring & Analytics:
• Track portfolio performance, delinquency trends, and early warning indicators.
• Conduct vintage analysis, stress testing, and scenario modeling.
• Policy & Process Development:
• Assist in designing and updating credit policies, underwriting guidelines, and risk frameworks.
• Ensure alignment with RBI regulations and internal compliance standards.
• Risk Modeling & Data Insights:
• Work with analytics teams to enhance risk models and predictive tools.
• Leverage data-driven insights for decision-making and portfolio optimization.
• Stakeholder Collaboration:
• Partner with business, product, collections, and Credit teams to implement risk strategies.
• Provide risk inputs for new product launches and pricing decisions.

Required Qualifications

• Education: CA/Postgraduate in Finance, Economics, Statistics, or related field.
• Experience:
• 5 - 8 years of experience in credit risk management for personal loans in NBFCs or Banks.
• Hands-on exposure to scorecards, bureau data, and risk analytics tools.
• Skills:
• Strong analytical and quantitative skills.
• Proficiency in Excel, SQL, and risk modeling software (SAS/R/Python preferred).
• Knowledge of RBI guidelines and regulatory compliance for retail lending.