Associate - Risk

Credit Saison India; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Exposure to global markets

Collaborative work environment

Competitive compensation and benefits

Job summary

A growing financial services firm based in Bengaluru is seeking a Risk Analyst to join their risk management team. The candidate will assess and manage various types of risk including credit, market, liquidity, and operational risk. Responsibilities include risk reporting, collaborating across subsidiaries, and participating in developing the risk management framework. Ideal candidates should have over 2 years of experience in risk management and possess strong analytical skills. Join a stable company with growth opportunities and competitive compensation.

Qualifications

• 2+ years of experience in risk management at banks or consulting.
• Knowledge of developing stress testing frameworks is a plus.

Responsibilities

• Support risk assessment and management for Saison International.
• Prepare risk reports to risk management committee.
• Collaborate with business teams for comprehensive risk evaluation.

Skills

Analytical skills

Attention to detail

Communication skills

Interpersonal skills

Education

Business degree or certifications such as CFA or FRM

Job description

Overview

About Credit Saison :

Established in 2019, CS India is one of the country’s fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with NBFCs and fintechs. Its tech-enabled model coupled with underwriting capability facilitates lending at scale, meeting India’s huge gap for credit, especially with underserved and under penetrated segments of the population.

Credit Saison India is committed to growing as a lender and evolving its offerings in India for the long-term for MSMEs, households, individuals and more. CS India is registered with the Reserve Bank of India (RBI) and has an AAA rating from CRISIL (a subsidiary of S&P Global) and CARE Ratings.

Currently, CS India has a branch network of 45 physical offices, 1.2 million active loans, an AUM of over US$1.5B and an employee base of about 1,000 people.

Credit Saison India (CS India) is part of Saison International, a global financial company with a mission to bring people, partners and technology together, creating resilient and innovative financial solutions for positive impact.

About the Role

This role is in the risk management team of Saison International. The candidate will be based out of Bangalore office, India. As a Risk Analyst at Saison International, you will support the assessment and management of all types of risk, including credit risk, market risk, liquidity risk and operational risk. You will work on establishing and maintaining a robust risk management framework as the risk team is being set up, with a focus on lending entities outside India. Your key responsibilities will be:

Risk Oversight and Management

Credit Risk: Assist in assessing and managing credit risk for lending activities.

Market Risk: Help monitor and manage market risk exposures.

Liquidity Risk: Support liquidity management and contingency planning.

Operational Risk: Assist in identifying and mitigating operational risks.

Risk Capital Calculation and Stress Testing

Stress Testing: Assist in performing stress tests and developing methodologies, including secondary research to identify and model risks specific to the portfolio.

Risk Reporting and Communication

Audit Preparation: Assist in preparing for audits and ensuring compliance.

Team Development and Collaboration

Knowledge Sharing: Support sharing of risk expertise and best practices.

Collaboration: Work with other departments to ensure holistic risk management.

Framework Enhancement: Assist in improving risk management tools and methodologies. This could involve secondary research.

Training: Participate in training programs to enhance skills.

Other Aspects

Geographical Scope: Focus on Southeast Asia, Brazil, and Mexico in first year.

Travel Requirements: Infrequent travel, potentially to Singapore and some of the subsidiaries.

Responsibilities

• Support risk assessment and management for Saison International.
• Collaborate with the business teams and risk teams across subsidiaries to support comprehensive risk evaluation.
• Reliably prepare risk reports to risk management committee and improve efficiency over time.
• Learn key aspects of effective monitoring and reporting of risk factors across risk types.
• Support knowledge sharing across risk teams / subsidiaries.

4. Qualifications

• 2+ years of experience in risk management at banks, non banking financial institutions or management consulting companies.
• Knowledge and experience of developing stress testing frameworks, risk capital assessment or operational risk is a plus.
• A business degree or certifications such as CFA or FRM.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.

5. Why Join Us?

• Opportunity to join a fast-growing team within a large and stable Japanese company.
• Exposure to global markets and diverse geographies.
• Exposure to all risk types leading to well-rounded risk profile.
• Chance to be part of the journey of building risk framework for a global company.
• Chance to work on impactful projects that promote financial inclusion.
• Collaborative and innovative work environment.
• Competitive compensation and benefits package.