Credit Risk Analyst

Role:  Credit Risk Analyst

                                                                   

Location: Mumbai/ Bangalore/Gurgoan

 

About the Role:

 We are looking for a  Credit Risk Analyst

 

About the team:

PayU Finance is the credit and lending arm of the PayU brand (a wholly-owned subsidiary of the Prosus group. Previously Naspers group) headquartered in Amsterdam, Netherlands. PayU Finance India has disbursed about 20 billion loans to date by volume and has disbursed more than $280 million in consumer credit. PayU Finance provides consumers with easy access to affordable short-term loans up to INR 5 lacs that can be availed in the form of personal loans, point of sale EMI, and express loans.  PayU Finance operates under two brands - LazyPay and PaySense with a focus on Buy now Pay later and personal loan products..

 

Excited yet? Continue reading to find out more about the role:

  

As a credit analyst, you will be part of our team located in Mumbai/ Gurgaon/ Bangalore . You will build credit policy basis

data insights and high focus on process/experience. You will drive innovation, to help consumers

access credit for just about anything and just about anywhere (read: from the local Kirana store, to

FK/AMZN, to getting a cash loan with a click of a button)

 

The Credit Risk team develops, implements and maintains the acquisition as well as customer

management strategies for the consumer lending business at PayU. We leverage traditional,

alternative and behavioral data to create a credit policy that helps ensure risk-adjusted returns. We

work extensively with the marketing, decision sciences, product and technology teams to help create

a product and experience that puts the customer at the center.

We look for individuals with strong problem solving and analytical skills, innovative thinking and

intellectual curiosity who want to make an immediate impact on the credit strategy and help the

business manage risk effectively.

• Develop, implement and maintain credit policy for digital lending products

• Analyze data (e.g. traditional and alternative bureau, behavioral & macroeconomic data) using

statistical tools and analytical techniques to generate insights and optimize credit decisions

(accept/ decline, pricing and credit line)

• Build and optimize existing customer management strategies to improve customer level

profitability

• Monitor portfolio and vintage delinquencies to ensure risk is within bounds; take corrective

action as required

• Analyze and evaluate potential vendors/data providers for incremental value in credit

management strategies in a continuous improvement environment

• Partner with marketing, data science and product teams to ensure appropriate execution of

policy requirements

• Keep up-to-date on applicable regulations and compliance requirements with possible

interactions with internal and external regulators

• Bachelor’s degree in Mathematics, Statistics, Economics, Engineering or a related field.

• 2-3 years of relevant experience. Experience in risk policy/risk management/analytics would

be preferred

• Utilizing knowledge of credit bureau data, risk scorecards and ability to pay quantification

• Expertise in excel; data manipulation using SQL/R/Python an added plus

• Visualizing complex data analyses and communicating to a wide variety of audiences,

including senior leadership

• Managing several projects simultaneously and driving end-to-end project delivery

• Developing policy and procedures documentation for credit risk strategy execution

• Developing and automating quality control process to ensure intended execution of credit

strategies

 

 

 

 

About us:  

At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive. Our expertise in 18 high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more www.payu.com 

Our Commitment To Building A Diverse And Inclusive Workforce 

As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive and safe environment, for all of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and every PayUneer so they can succeed, irrespective of gender, color or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities.