Company Description
Apollo Finvest is a publicly listed Non-Banking Financial Company (NBFC). Think of us as AWS for Lending. We enable any company to offer fully digital and compliant digital loan products to their end customers. Built on modern Restful APIs, we treat the financial services on our platform as building blocks, which our partners can mix and match to create loan products specifically tailored to their business model.
Key Responsibilities
- Working closely with the Credit, Business, and Compliance team to manage and mitigate risk exposure.
- Monitoring of loan accounts, checking loan documents & timely preparing various MIS reports.
- Streamline operational processes to enhance efficiency.
- Ensure completeness of documentation in accordance with approved terms and conditions.
- Develop Risk and Operational strategy for line management, collections, underwriting, pricing etc.
- Assist COO and Credit team with operational and financial data analysis to establish early warning signals for risk exposure across lending products.
- Complying with RBI/Regulatory guidelines and establishing processes to safeguard risk exposure
Minimum Requirements
- Proven experience of minimum 5 years in progressively responsible risk and/or operations roles within the NBFC sector
- Has experience with scaling and managing lending products
- Attitude to work at lightning fast speed
- Background of underwriting, credit sanctioning, or credit policy drafting would be given a strong preference
- The candidate must be exceptional in people management, communication, and presentation skills.
- A proven track record of managing partners and engaging in solution selling would be preferred
- Highly organized and efficient, with the ability to multitask and meet tight deadlines
A strong work ethic and a result-oriented approach
*The CTC range exceeds to what is shown in the job description*
Subodh Popalwar
Software Engineer, Memorres
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Who we are:
At Qiro, we are a dynamic team united by a mission to foster a fair, transparent, and decentralized global lending market. Our focus lies in developing an institutional private credit protocol that seamlessly connects on-chain stablecoin lenders with off-chain fintech borrowers.
What are we looking for:
We are seeking a highly skilled and experienced Head of Credit to lead our credit department and drive our lending strategies. As the Head of Credit, you will be responsible for overseeing all aspects of credit risk management, ensuring that our lending practices align with regulatory requirements and industry best practices while maximizing profitability.
Responsibilities:
- Head the Risk Policy, Credit Underwriting and Collection functions of corporate card, credit line, and working capital loans.
- Facilitate the development and constant update of risk policies and related frameworks.
- Proactive risk assessment of existing portfolio on regular basis identifying weak accounts.
- Constantly monitor and evaluate Early Warning Signals and deploy/ amend the limits structure for managing the risk concentration across a broad range of parameters.
Requirements:
- 5-7 years of experience in the Banking/NBFC/Fintech space with at least 3-4 years of experience at management level.
- In depth knowledge of Web debt fund, Structured debt, corporate financing and lending.
- Strong understanding of regulatory requirements and compliance issues related to lending operations.
- Exceptional skills in understanding data, trend analysis, score cards and behavior scores is must
Nice to have:
- Excellent communication skills along with strong presentation and data analytics skills
- Professional certifications such as CFA, FRM, or similar credentials are a plus.
Benefits:
- Competitive salary and performance-based bonuses.
- Flexible remote work.
- Flexible working hours.
- Opportunities for professional development and career growth within a dynamic fintech company.
Overview:
The Risk Manager will oversee the organization's risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization.
Key Responsibilities:
- Designing and managing the consumers' credit portfolio and risk within the desired target
- Driving new experiments with deeper cust understanding and segmentation
- Leverage traditional and alternate data to create risk policies and ensure effective implementation
- Continuously plans, monitors, and reviews risk management and perform regular checking and/or surveillance to ensure that risk treatment is effective
- Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are documented and communicated across the Group
- Manage a governance structure to monitor, challenge and test business compliance with risk policies and control frameworks
- Develop, lead and maintain a center of expertise within 1st line risk management
- Maintain comprehensive credit policy inventory and facilitate timely periodic review/approval of credit policies
- Monitor and communicate new regulatory issues/guidance impacting credit policy, analyze the impact, interpret and implement into policy
Education and Experience:
- Bachelor's degree in Risk Management, Finance, or related field required.
- At least 7+ of related experience is preferred.
- Strong knowledge and experience in risk management and policy
- Excellent verbal and written communication skills.
- Excellent mathematical and critical thinking skills.
- Excellent analytical and problem-solving skills.
- Excellent organizational skills and attention to detail.
- Strong supervisory and leadership skills
- Understanding customer requirements and analyzing cases in alignment with policies
- Working with the policy team to ensure the right risk parameters are captured and assessed
- Understanding industry and regulatory trends and their impact on customers to ensure the right decisions are taken
- Working closely with business functions to onboard the right set of customers.
- Working closely with operations to ensure that documentation and checks are put in place at various stages of the application lifecycle
- Developing industry-best practices and constantly striving to improve the same, basis market practices
What you need to have:
- Bachelor’s Degree with relevant work experience of at least 3 years with CA/ MBA(preferred)
- 3-4 years of experience in handling credit risk assessment for unsecured business loans. Prior experience in the Lending domain, either with a Bank/ NBFC or a lending platform.
- Very good understanding of documentation related to lending pre-disbursement (mandatory)
- Experience in working on the lending business with a Bank, NBFC, or a platform (mandatory)
- Excellent understanding of industry trends and their impact on segments
- Setup basic credit underwriting processes and scale up the vertical
- Ability to assess customers' basic standard programs like Financials, Banking, etc.
- Proficient in MS Excel and the ability to bring out insights from data
Follow CutshortSubodh Popalwar
Software Engineer, Memorres