Senior credit risk analyst (unsecured credit)
Responsibilities
Credit Risk Assessment
- Analyze credit data and financial statements to evaluate individual creditworthiness and predict delinquencies.
- Conduct deep data analysis to identify trends, correlations, and predictors relevant to risk assessment and collections optimization.
Risk Modeling and Forecasting
- Develop segmentation models and predictive analytics for assessing delinquency or default risks in different customer segments.
- Establish probability scoring systems and classification models for prioritizing accounts and customizing collection strategies.
Strategy Development and Implementation
- Provide data-driven insights and recommendations to refine collections strategies, enhance efficiency, and minimize delinquencies.
- Work with cross-functional teams to apply and evaluate strategies derived from data analysis.
- Track the effectiveness of strategies, monitor key metrics, and analyze portfolio performance.
- Create comprehensive reports, dashboards, and visualizations to convey insights and recommendations to stakeholders.
Regulatory Compliance and Best Practices
- Maintain compliance with regulatory standards and best practices in collections and risk management.
- Stay abreast of industry trends, regulations, and new technologies in risk assessment and collections strategies.
Continuous Improvement
- Seek process enhancement opportunities, refine models, and implement best practices in collection risk assessment.
Ideal Candidate
- 5-7 years of experience in credit risk analysis/strategy within NBFCs/Fintechs, preferably in unsecured credit.
- Strong analytical capabilities, expertise in statistical analysis, risk modeling, and proficiency in data querying tools (SQL, etc.) and statistical software (R, Python, etc.).
- In-depth knowledge of credit risk metrics, financial statements, and regulatory compliance frameworks.
- Excellent communication skills, capable of presenting complex data clearly and concisely.
- Bachelor’s degree in Finance, Economics, Mathematics, or a related field. An advanced degree (Masters, MBA) is an advantage.
About DPDzero
Credit penetration in India faces significant challenges, necessitating focused attention. Without proper infrastructure, extending credit to unserved and underserved populations remains elusive.
DPDzero is on a mission to enhance credit penetration by enabling lenders to concentrate on acquiring new customers, while we handle delinquency management. We are an 18-month-old startup, collaborating with over 20 lending partners . We have secured $3.25 million in seed funding from Blume Ventures, India Quotient, Better Capital, etc.
Company Description:
DPDzero is a pioneering fintech company dedicated to extending formal credit access to the next billion individuals in India. Our cutting-edge platform leverages machine learning and a digital-first approach to transform the lending industry. By prioritizing compliance, data-driven decision-making, and a culture of experimentation, we aim to maximize value for lenders while delivering an unparalleled customer experience. Join us as we revolutionize the financial landscape and empower individuals with greater financial opportunities.
Customers:
At DPDzero, we work with a diverse range of ambitious lenders, both established players and emerging disruptors, who are reshaping the credit ecosystem in India. Some of our esteemed customers include Cashe, Ring, TATA Capital, IndusInd Bank, KreditBee, and more, with new additions each month.
Our Approach:
We partner with our lenders by taking charge of their collections portfolio, allowing them to focus on customer acquisition while we ensure efficient recovery from their customers. Our technology-driven platform leverages machine learning algorithms to optimize collections strategies and drive maximum recovery rates.