Assistant Vice President Credit

Klay; Mumbai; On-site; INR 4,000,000 - 8,000,000; Full time

Job summary

Klay Finvest Pvt Limited is seeking an experienced Head of Credit Risk to oversee the entire credit activities and processes for our NBFC team. You will develop and implement credit policies, lead underwriting and risk analytics, and ensure regulatory compliance across the loan portfolio.

The role requires over 10 years in Banks/NBFCs or rating agencies, with MBA in Finance or CA and FRM/CFA desirable. You will guide policy-making, hire and develop the risk team, and collaborate with business

Qualifications

• Over 10+ years of professional experience in Banks/NBFCs/Rating Agencies with expertise in credit risk management, policy development and risk modelling.
• MBA in Finance or CA with certifications such as FRM/CFA are highly desirable.
• Creative thinker with rigorous analytical skills, detail-oriented, self-starter and able to multitask.

Responsibilities

• Develop and implement comprehensive credit policies and risk assessment models to ensure high quality loan portfolios.
• Finalize policies and set up processes for underwriting quality and regulatory compliance.
• Conduct underwriting for loan transactions and manage risks effectively.
• Lead risk analytics and policy-making to optimize credit operations.
• Collaborate with business teams for formulation, structuring, pricing, and execution of transactions.
• Monitor and report on credit exposures, defaults, and portfolio performance.

Skills

Credit risk management

Policy development

Risk analytics

Underwriting

Regulatory compliance

Strategic leadership

Business judgment

Analytical problem solving

Education

MBA in Finance

CA

FRM

CFA

Job description

About the role:

The role requirement is to oversee and manage the entire credit activities & processes. This is for our NBFC team - Klay Finvest Pvt Limited

• Develop and implement comprehensive credit policies and risk assessment models to ensure high quality loan portfolios.
• Finalize policies and set up processes for quality underwriting, ensuring compliance with regulatory standards.
• Conduct underwriting for loan transactions, managing and mitigating risks effectively.
• Lead risk analytics and policy-making, providing strategic insights to optimize credit operations.
• Collaborate with business teams for proper formulation, fitment, structuring, pricing, and execution of transactions based on client requirements.
• Monitor and report on credit exposures, defaults, and portfolio performance, adjusting strategies as necessary.
• Stay abreast of industry trends and regulatory changes affecting credit risk.
• Develop a robust risk management department, including hiring, team development
• Over 10+ years of professional experience in Banks/NBFCs/Rating Agencies with expertise in credit risk management, policy development, risk modelling, etc.
• MBA in Finance, Chartered Accountancy, Certifications like FRM and CFA are highly desirable.
• Creative thinker, rigorous analyst, detail-oriented, self-starter, capable of multitasking, and regular engagement in professional development.
• Ability to use business judgement and a structured approach towards solving complex analytical problems