Risk Analyst

EXL; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

EXL invites an experienced Credit Risk leader to head Commercial & Small Business risk engagements in Gurugram. You will shape risk policy, underwriting, pricing, and portfolio monitoring while staying hands-on with analytics to challenge results and drive impact.

You will manage delivery teams, translate complex data into executive-ready insights, and work across loans, lines of credit, and merchant financing. A strong background in SQL and Python is required.

Qualifications

• Bachelor’s degree in finance, statistics, mathematics, engineering, or related field.

Responsibilities

• Lead analytical approach, workplan, quality reviews, and executive-level recommendations.
• Support acquisition, underwriting, credit policy, risk strategy, pricing, limits, and portfolio monitoring.
• Translate ambiguous problems into structured hypotheses and perform portfolio and delinquency analyses.
• Hands-on leadership with SQL and Python; review model outputs and develop executive-ready stories.

Skills

SQL

Python

Analytical thinking

Education

Bachelor’s degree in finance / math / engineering

Job description

We are looking for an experienced Folk with strong Commercial and Small Business Credit Risk expertise to lead client engagements across credit strategy, underwriting, portfolio management and risk analytics. This is a hands-on leadership role. The individual will lead client conversations and delivery teams while remaining sufficiently close to the analytics to independently challenge hypotheses, review methodologies, interrogate data, validate recommendations and, when required, perform hands-on analysis.

Key Responsibilities

Commercial & Small Business Credit Risk Engagement

• Lead problem definition, analytical approach, workplan, quality review and executive-level recommendations.
• Support acquisition and underwriting, credit policy and risk strategy, risk-based pricing, credit limits and exposure management, portfolio monitoring, early-warning strategies, delinquency and collections, and concentration risk.
• Work across commercial/business loans, term loans, working-capital lending, lines of credit, merchant financing and business cards.

2. Drive Analytical Problem Solving

• Translate ambiguous business and credit-risk problems into structured analytical hypotheses.
• Perform or guide portfolio segmentation, vintage/cohort analysis, delinquency and roll-rate analysis, loss analysis and risk-driver assessment.
• Evaluate underwriting criteria using bureau, financial, transaction/cash-flow and alternative data.
• Assess opportunities for automated underwriting and decisioning.
• Develop recommendations around approval rates, losses, profitability and portfolio growth.
• Guide the design of early-warning indicators and portfolio monitoring frameworks.
• Review and optimize eligibility, score cut-offs, exposure limits, pricing and line-assignment strategies.
• Conduct segment, industry and concentration-risk analysis.
• Identify emerging risk patterns and translate findings into policy interventions.
• Balance portfolio growth with credit losses, profitability and risk appetite.
• Develop champion/challenger strategies and structured test-and-learn frameworks.

4. Hands-on Technical Leadership

• Hands on experience with SQL and Python
• Independently conducting exploratory analysis when needed.
• Reviewing model and strategy outputs and identifying analytical gaps.
• Challenging statistical assumptions and business conclusions.
• Developing executive-ready analytical storylines from raw results.

Qualifications

• Bachelor’s degree in finance, Statistics, Mathematics, Engineering, or related field; Master’s preferred.
• 4 plus years of relevant experience, with meaningful experience in Commercial, SME or Small Business Credit Risk.
• Experience in banking, financial services, fintech or credit-risk consulting/analytics.
• Demonstrated experience leading credit-risk analytics engagements or major workstreams.
• Strong understanding of commercial/SMB underwriting and portfolio management.