7+ Underwriting Jobs in India

About Us:

Optimo Capital is a newly established NBFC founded by Prashant Pitti, who is also a co-founder of EaseMyTrip (a billion-dollar listed startup that grew profitably without any funding).

Our mission is to serve the underserved MSME businesses with their credit needs in India. With less than 15% of MSMEs having access to formal credit, we aim to bridge this credit gap through a phygital model (physical branches + digital decision-making).

As a technology and data-first company, tech lovers and data enthusiasts play a crucial role in building the analytics & tech at Optimo that helps the company thrive.

What We Offer:

Join our dynamic startup team as a Senior Data Analyst and play a crucial role in core data analytics projects involving credit risk, lending strategy, credit underwriting features analytics, collections, and portfolio management. The analytics team at Optimo works closely with the Credit & Risk departments, helping them make data-backed decisions.

This is an exceptional opportunity to learn, grow, and make a significant impact in a fast-paced startup environment. We believe that the freedom and accountability to make decisions in analytics and technology bring out the best in you and help us build the best for the company. This environment offers you a steep learning curve and an opportunity to experience the direct impact of your analytics contributions. Along with this, we offer industry-standard compensation.

What We Look For:

We are looking for individuals with a strong analytical mindset and a fundamental understanding of the lending industry, primarily focused on credit risk. We value not only your skills but also your attitude and hunger to learn, grow, lead, and thrive, both individually and as part of a team. We encourage you to take on challenges, bring in new ideas, implement them, and build the best analytics systems. Your willingness to put in the extra hours to build the best will be recognized.

Skills/Requirements:

• Credit Risk & Underwriting: Fundamental knowledge of credit risk and underwriting processes is mandatory. Experience in any lending financial institution is a must. A thorough understanding of all the features evaluated in the underwriting process like credit report info, bank statements, GST data, demographics, etc., is essential.
• Analytics (Python): Excellent proficiency in Python - Pandas and Numpy. A strong analytical mindset and the ability to extract actionable insights from any analysis are crucial. The ability to convert the given problem statements into actionable analytics tasks and frame effective approaches to tackle them is highly desirable.
• Good to have but not mandatory: REST APIs: A fundamental understanding of APIs and previous experience or projects related to API development or integrations. Git: Proficiency in version control systems, particularly Git. Experience in collaborative projects using Git is highly valued.

What You'll Be Working On:

• Analyze data from different data sources, extract information, and create action items to tackle the given open-ended problems.
• Build strong analytics systems and dashboards that provide easy access to data and insights, including the current status of the company, portfolio health, static pool, branch-wise performance, TAT (turnaround time) monitoring, and more.
• Assist the credit and risk team with insights and action items, helping them make data-backed decisions and fine-tune the credit policy (high involvement in the credit and underwriting process).
• Work on different rule engines that automate the underwriting process end-to-end.

Other Requirements:

• Availability for full-time work in Bangalore. Immediate joiners are preferred.
• Strong passion for analytics and problem-solving.
• At least 1 year of industry experience in an analytics role, specifically in a lending institution, is a must.
• Self-motivated and capable of working both independently and collaboratively.

If you are ready to embark on an exciting journey of growth, learning, and innovation, apply now to join our pioneering team in Bangalore.

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 underwriting, risk management, credit policy, ensuring that our lending practices align with regulatory requirements and industry best practices while maximizing profitability. The borrowers are NBFIs / NBFCs / Fintech lenders / Debt Funds spread across emerging economies like SEA, LATAM, etc.

Responsibilities:

• Head the Risk Policy, Credit Underwriting and Collection functions of NBFC / NBFI / Fintech lender / Debt fund from SEA, LATAM, etc.
• 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.
• Evaluating creditworthiness and financial stability of global borrowers such as NBFC / NBFI / Fintech Lenders / Debt Funds.
• Assessing risks in lending and making informed decisions.
• Maintaining up-to-date knowledge of lending regulations.
• Provide detailed monthly and weekly reporting for LPs, investors, and management.
• Build, review, update and maintain the Credit Policy.

Requirements:

• Minimum 7 years of experience in the Banking/NBFC/Fintech space with at least 3-4 years of experience at management level.
• Minimum Bachelor’s degree in finance, economics, or related field.
• Experience in credit analysis or underwriting of NBFCs / Fintech lenders / FIs
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal abilities especially to manage global (mostly SEA & LATAM) FIs (NBFC / NBFI / Fintech Lender / Debt Fund)
• In depth knowledge of credit fund, hedge fund, debt fund, structured debt, corporate finance, and fintech 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 CA, CFA, FRM, or similar credentials are a plus. 



Benefits:

• Global exposure 
• Intro to Decentralised Finance world
• Competitive salary and performance-based bonuses.
• Flexible remote work.
• Flexible working hours.
• Opportunities for professional development and career growth within a dynamic global fintech company.

Salary Range : 20 LPA to 35 LPA

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*

Purpose

·        The Analytics and BI Head will collaborate closely with leaders across product, sales, and marketing to support and implement high-quality, data-driven decisions.

·        The candidate will ensure data accuracy and consistent reporting by designing optimal processes and procedures for analytical managers and employees to create and follow.

·        The candidate will manage the processes and people responsible for correct data reporting, modeling, and analysis.

Key Responsibilities

Responsibilities will include but will not be restricted to:

·        Lead cross-functional projects involving advanced data modeling and analysis techniques and review insights that will guide strategic decisions and uncover optimization opportunities.

·        Managing project budgets and financials, including forecasting, monitoring, and reporting.

·        Providing clear and concise instructions to different teams to ensure quality delivery of analysis.

·        Maintain dashboards and performance metrics support that support key business decisions.

·        Planning and executing strategies for completing projects on time.

·        Determining the need for training and talent development.

·        Recruit, train, develop and supervise managerial level employees.

·        Examine, interpret, and report results of analytical initiatives to stakeholders in leadership, technology, sales, marketing, and product teams.

·        Oversee the deliverable pipeline, including rationalization, de-duplication, and prioritization.

·        Anticipate future demands of initiatives related to people, technology, budget and business across the departments and review solutions to meet these needs.

·        Communicate results and business impacts of insight initiatives to stakeholders within and outside of the company.

Technical Requirements (what)

·        Advanced knowledge of data analysis and modeling principles: KPI Tree creation, Reporting best practices, predictive analytics, statistical and ML based modeling techniques

·        Work Experience of 20+ years in analytics inclusive of 5+ years of experience of leading a team. Candidates from Insurance Industry are preferred.

·        Understanding of and experience using analytical concepts and statistical techniques: hypothesis development, designing tests/experiments, analyzing data, drawing conclusions, and developing actionable recommendations for business units.

·        Strong problem solving, quantitative and analytical abilities.

·        Strong ability to plan and manage numerous processes, people, and projects simultaneously.

·        The right candidate will also be proficient and experienced with the following tools/programs:

§ Experience with working on big data environments: Teradata, Aster, Hadoop.

§ Experience with testing tools such as Adobe Test & Target.

§ Experience with data visualization tools: Tableau, Raw, chart.js.

§ Experience with Adobe Analytics and other analytics tools.

Desired Personal Qualities or Behavior

·        Strong leadership qualities, ability to communicate the vision crisply and drive collaboration and innovation.

·        Must be an initiative-taker.

·        Strong diligence, organizational skills, and the ability to manage multiple projects

·        Strong written and verbal communication skills, able to communicate effectively and in a professional manner with all levels of the company and outside vendors.

·        Ability to work in a diverse team environment and effectively support the demanding needs of the company.

·        Ability to work under pressure, meet deadlines with shifting priorities.

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:

1. Designing and managing the consumers' credit portfolio and risk within the desired target
2. Driving new experiments with deeper cust understanding and segmentation 
3. Leverage traditional and alternate data to create risk policies and ensure effective implementation 
4. Continuously plans, monitors, and reviews risk management and perform regular checking and/or surveillance to ensure that risk treatment is effective
5. Establish, implement and manage risk policy and control frameworks, ensuring that minimum standards, ownership and operation are documented and communicated across the Group
6. Manage a governance structure to monitor, challenge and test business compliance with risk policies and control frameworks
7. Develop, lead and maintain a center of expertise within 1st line risk management
8. Maintain comprehensive credit policy inventory and facilitate timely periodic review/approval of credit policies
9. Monitor and communicate new regulatory issues/guidance impacting credit policy, analyze the impact, interpret and implement into policy

Education and Experience:

1. Bachelor's degree in Risk Management, Finance, or related field required.
2. At least 7+ of related experience is preferred.
3. Strong knowledge and experience in risk management and policy 
4. Excellent verbal and written communication skills.
5. Excellent mathematical and critical thinking skills.
6. Excellent analytical and problem-solving skills.
7. Excellent organizational skills and attention to detail.
8. Strong supervisory and leadership skills

What you need to have: