GrayQuest Looking for AVP Risk – Consumer Finance – Fintech at Mumbai Full Time

GrayQuest – Assistant Vice President – CreditAt GrayQuest, we are looking for a dynamic individual to join us as an Assistant Vice President – Credit , to help us strengthen our risk frameworks as we build India’s largest education focused financing company.Some Key Responsibilities :Unsecured Lending Product:Credit Underwriting, Credit Operations – Responsible for also consistently tracking market and defining implications on the companyAccountable for maintaining & constantly innovating & updating our underwriting logic including building proprietary policy & early warning signals working in conjunction with the data Analytics teamAccountable for keeping our NPAs under control. Establish Credit Rating system and Develop integrated Risk Management policy framework for all aspects of risks across the productsDraft 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 requiredAbility to influence a culture of risk awareness in the organisation.Set objectives for measuring, monitoring, evaluating and mitigating the risk exposure and ensure that they are reported in a timely mannerImplement a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicatorsEnsure that the risks are properly addressed in terms of compliance with existing rules and regulations established by internal, local regulatorsDevelop predictive dynamic monitoring procedures/systems for the Credit Risk teamCoordinate with cross-functional teams like IT, Operations, Finance, Legal, Compliance, Product, Analytics etcREQUIREMENTS:Bachelor’s Master’s Degree in Finance, Business, Economics or related fieldHaving at least 6+ years progressive experience in the Risk Management field with Banks/Credit Card companiesExperience in credit & risk function at banks, NBFC or fintech – including underwriting, credit operations and collectionsUnderstanding of statistics and quantitative data analysis methodsKnowledge of modern regulations and practices related to credit riskExcellent analytical and problem-solving skills.Excellent communication, organizational and managerial skills.About GrayQuest :GrayQuest, based in Mumbai and incorporated in 2017, is one of India’s largest vertical focused consumer financing company in the education ecosystem mainly focused on providing zero cost EMIs for the $100B education ecosystem in India.We are live with 4000+ educational institutions where our product is used to pay fees in convenient monthly payments with insurance and reward benefits. All the top 10 school chains in the country use GrayQuest to power fee payments for their institutions.We are Series A company backed by leading institutional investors with strong pedigree from the financial ecosystem. We raised our Rs 65 crore in March 2023 and are well capitalised.We are also mentored by some of India’s leading fintech investors such as Kunal Shah & Miten Sampat (CRED), Nitin Gupta (UNI), Sumit Maniyar (Rupeek) and Sujeet Kumar (Udaan).