Credit & Risk Strategist (B2C, Fintech

Required Skills:

• Strong proficiency in SAS, including Advanced SAS Programming and SAS/SQL.

• Solid domain knowledge of Banking products, specifically Credit Cards and/or Personal Loans.

• Hands-on experience in at least one stage of the Credit Lifecycle:

• Acquisition
• Account Management
• Authorization
• Collections

Good to Have Skills:

• Basic understanding of Testing concepts (Data Testing, Business Logic Testing, Functional Testing).

• Experience with Decision Engines such as FICO DMP, Experian PowerCurve, FICO TRIAD, or FICO Blaze.

• Good knowledge of Python with hands-on experience in NumPy and Pandas.

• Exposure to GenAI and Agentic AI technologies.

The Role

Own end-to-end credit & fraud data science: feature engineering from raw bureau JSON ,SMS,DEVICE, scorecard / model development, Business Rule Engine (BRE) design, monitoring, and partnering with product/engineering to put rules live. You will work directly with the existing DS team,Tech,product and founders — decisions are data-backed and debated.

What you will own

1. Build and maintain credit scorecards and models for FTB and Repeat Borrowers (Xgboost, Random forest, Support Vector Machine Models, ensemble models, challenger models).
2. Engineer features from raw CRIF (or equivalent) bureau JSON — tradelines, enquiries, DPD histories, identity matches — and from raw SMS / FinBox alt-data (collections, rejections, salary, app footprint).
3. Design, validate, and ship Models: hard rejects, soft flags, amount caps — with clear lift/capture

/ approval trade-offs.

1. Own portfolio risk analytics: vintage / DPD / non-starter / POS bad-rate monitoring; propose tier pauses, cool-offs, and ladder-up changes.
2. Build fraud signals (device, SIM/OTP, mule, ring, post-disbursal disappearance) and help prioritise the fraud PRD backlog into production.
3. Partner with engineering to productionise features, rules, and models (Watchtower-style shadow underwriting, policy index, monitoring dashboards).
4. Challenge and refine existing tier/ladder policy with evidence; communicate clearly to founders and business.

Required experience

• Tenure: 5+ years overall experience in data science/analytics.
• Digital lending: Minimum 3 years hands-on in digital lending/consumer credit (NBFC, fintech lender, digital/STPL/) who has built models themselves.
• Scorecards/models: Built and deployed at least one credit scorecard (first-time borrower or repeat borrower, or combined model) into a live BRE / LOS. Should improve approval–bad-rate trade-offs from production experience.
• Bureau: Parsed and engineered features from raw bureau files (CRIF / CIBIL / Experian JSON or XML) — not only vendor-precomputed attributes.
• Non-starter models: Fraud/non-starter / First Payment default modelling experience in short-tenure lending.
• Limit Assignment: Experience with repeat-borrower ladder / limit-management policies.
• Monitoring and QC: Shadow underwriting/champion–challenger frameworks.
• Alt-data: Worked with SMS / alt-data / device / AA signals for underwriting or fraud (FinBox, similar vendors, or in-house SMS parsing).
• Stack: Strong SQL + Python (pandas, sklearn/Logistic / lightgbm/Xgboost/randomforest, statsmodels). Able to write production-quality notebooks and scripts, not just slide decks.
• Communication: Comfortable debating policy with founders/credit heads using data; owns the "show me the evidence" conversation.

Nice to have:

• Feature stores, Airflow/cron pipelines, S3 + Postgres + DynamoDB.
• Prior Experience: Prior work at a zero-to-one digital lender or STPL product.

What success looks like in 6 months

• A documented feature dictionary from raw bureau + SMS with IV/KS ranking.
• At least one new scorecard/model live with clear expected vs observed bad-rate impact.
• Non-starter / First Payment Defaults monitoring with actionable rule recommendations and clear demonstrated improvements in defaults
• Credible pushback on weak policy ideas — backed by analysis, not opinion.

Insurity’s Next Data Scientist:

We are seeking a Data Scientist to join our Predict team, focused on building and maintaining predictive models that support underwriting, claims, and audit use cases across Workers' Compensation and Commercial Auto. This role will be based in India and will play a key part in scaling our data science capabilities.

What Our Data Scientist Will Do: 

• Develop predictive models using GLM and machine learning techniques such as GBM, Random Forest, and XGBoost
• Perform feature engineering, selection, and transformation to optimize model performance
• Analyze structured and unstructured datasets to uncover insights and support model development
• Indentify and integrate third-party data sources to augment existing datasets and improve model accuracy
• Collaborate with product and engineering teams to integrate models into production environments
• Use AWS tools such as SageMaker and EC2 to build, train, and deploy models
• Document modeling decisions and communicate findings to technical and non-technical stakeholders
• Support model monitoring and performance tracking over time
•  

Who We’re Looking For:

• 2-5 years of experience in data science or predictive modeling
• Strong understanding of GLM and ML algorithms (GBM, XGBoost, Random Forest)
• Experience with Python and relevant libraries (scikit-learn, pandas, NumPy)
• Familiarity with AWS tools, especially SageMaker and EC2
• Experience with feature engineering and model evaluation techniques
• Ability to translate business problems into analytical solutions
• Strong communication skills and ability to work collaboratively in a cross-functional team
• Bachelor's or Master's degree in a quantitative field (Statistics, Mathematics, Computer Science, Data Science)
• Active listening
• Analytical and critical thinking
• Self-starter and quick learner
• Detail-oriented
• Ability to collaborate and work independently 
• Written and oral English communication
• Time management including work planning, prioritization, and organization 
• Sound judgement
• Ability to handle multiple priorities or tasks
• Flexible and adaptable

Roles & Responsibilities

• Lead AI Product Pods across Credit Risk, Fraud, and Collections functions.
• Build and deploy production-scale Machine Learning systems for lending lifecycle decisioning.
• Own complete ML lifecycle including feature engineering, model training, evaluation, deployment, monitoring, and continuous improvement.
• Design scalable distributed ML infrastructure, feature stores, model registries, and MLOps pipelines.
• Develop AI solutions for underwriting, portfolio risk monitoring, fraud detection, anomaly detection, and recovery optimization.
• Drive model governance, monitoring, explainability, and compliance within BFSI regulatory standards.
• Collaborate with Product, Risk, Engineering, Data, and Business teams to deliver AI-driven business outcomes.
• Define AI platform architecture, operational excellence, SLAs, and incident management practices.
• Build, mentor, and scale high-performing AI Engineering and Data Science teams.

Ideal Candidate

1.Strong Lead Data Science, / AI Engineer / Machine Learning Engineer profiles.

2.Mandatory (Experience 1) - Must have 10+ years of experience in Data Science, AI/ML or AI Engineering with hands-on experience building production-grade ML systems.

3.Mandatory (Experience 2) - Must have hands-on experience building AI/ML solutions for Credit Risk, Fraud Risk Management (FRM), Collections & Recovery, with proven delivery of business-impacting AI/ML solutions.

4.Mandatory (Experience 3) - Candidate's Current designation must be Lead or above.

5.Mandatory (Experience 4) - Must have strong experience designing and deploying large-scale distributed Machine Learning systems, including model training, fine-tuning, inference, scalable serving, and production deployment.

6.Mandatory (Experience 5) - Strong programming experience in Python, along with exposure to Spark, Kafka, Kubernetes, APIs/Microservices, CI/CD, Feature Store, Model Registry, and Distributed Computing

7.Mandatory (Experience 6) - Experience designing and deploying Credit Risk Models, Fraud Detection Models, Graph ML, Early Warning Systems, Portfolio Monitoring, Collections Optimization, Propensity Models, and Recovery Forecasting.

8.Mandatory (Experience 7) - Proven experience leading AI/ML teams, owning end-to-end delivery, mentoring engineers, driving cross-functional execution, and managing production AI platforms.

9.Mandatory (Experience 8) – Must have experience working under BFSI governance, including PII handling, auditability, model governance, compliance, secure-by-design architecture, approval workflows, and model risk management practices.

10.Mandatory ( Education ) - B.TECH / M.TECH from Tier 1 Colleges (IIT's, NIT's, BITS) are Considered

11.Mandatory (Age) - Candidate's Age should be below 37 years.

12.Mandatory (CTC) – The CTC breakup offered will be 75% fixed + 25% variable, as per company policy.

13.Preferred (Experience 1) - Candidates currently working as Lead / Principal / Engineering Manager / Associate Director / Director in reputed Product, FinTech, Banking, NBFC, or Global Capability Centers will be preferred.

14.Preferred (Experience 2) - Indian professionals currently working overseas (NRI) who are planning to relocate and permanently settle in India are encouraged to apply.

15.Preferred (Experience 4) - Experience building enterprise AI platforms using Graph ML, Vector Databases, LLM-enabled decisioning, distributed training frameworks, and large-scale AI infrastructure.