Credit Risk Senior Manager
ABOUT ZOLVE
Welcome to the financial frontier of limitless possibilities - welcome to Zolve. We're not just a fintech; we're architects of a financial revolution, crafting a narrative that transcends borders. At Zolve, we believe in rewriting the rules of finance to empower global citizens, nomads, and dreamers to navigate the world without constraints.
Zolve is world’s first cross border neo-bank which helps migrants get access to credit in the new country based on their home country credit score. Zolve’s cross-border capabilities enable global citizens to access financial products such as checking accounts, credit cards, remittances, insurances, and loans seamlessly, helping them to be financially free to pursue their ambitions, without limiting the services to a particular country.
As we continue to grow into multiple geographies, product lines and customer segments, we are seeking a dynamic individual to join us and support our journey.
JOB DESCRIPTION
Role: Credit Risk Sr. Manager (Canada)
Location: Bengaluru
Employment Type: Full-Time
We are seeking a highly skilled and analytical Senior Manager to lead the credit risk management function at Zolve. In this role, you will be responsible for assessing, managing, and mitigating the credit risk exposure of the organization. You will work closely with cross-functional teams to ensure sound credit risk policies and practices are in place, enabling us to grow responsibly and sustainably.
RESPONSIBILITIES
Credit Risk Assessment
Evaluate and monitor the creditworthiness of existing and prospective consumers.
Conduct detailed analysis of financial statements, credit reports, and other relevant data to assess credit risk.
Provide recommendations regarding credit limits, terms, and conditions based on risk assessments.
Credit Risk Strategy and Policy
Develop, implement, and continuously refine credit risk management policies and procedures.
Ensure alignment of credit risk strategy with organizational goals and regulatory requirements.
Advise senior management on potential risks and propose mitigation strategies.
Risk Monitoring and Reporting
Continuously monitor credit risk exposures to ensure compliance with internal risk limits and policies.
Prepare regular credit risk reports and dashboards for senior management, highlighting key risk indicators, trends, and potential issues.
Implement and manage automated systems and tools for monitoring and reporting on credit risk metrics.
Credit Bureau Reporting
Oversee and manage the monthly and quarterly submission of credit data to all major credit bureaus (Equifax, Experian, TransUnion).
Ensure accurate reporting of consumer credit information, including payment histories, credit limits, balances, and account statuses.
Work with IT and data management teams to ensure credit information systems are accurate and fully integrated with bureau reporting mechanisms.
Stakeholder Communication
Collaborate with internal stakeholders such as underwriting, sales, finance, and legal teams to manage credit risk across the organization.
Engage with external partners such as credit agencies, auditors, and regulators to stay updated on market trends and industry best practices.
Compliance and Regulation
Ensure credit risk practices are compliant with regulatory requirements and industry standards.
Maintain knowledge of applicable regulations, including any local or regional rules affecting credit risk management.
Training and Development
Provide guidance and training to junior risk analysts and other relevant departments on credit risk management best practices and policies.
Stay up-to-date with industry developments by attending relevant conferences and continuing education programs.
QUALIFICATIONS
Education: Bachelor’s degree in Finance, Economics, Accounting, or a related field. A Master’s degree (MBA, MSc) or relevant professional certifications (e.g., FRM, CFA) is a plus.
Experience: Minimum of 5 years of experience in credit risk management, financial analysis, or related roles, with at least 2 years in a managerial capacity.
Technical Skills: Advanced knowledge of financial analysis, credit scoring models, and risk mitigation techniques. And proficiency in Microsoft Office Suite (Excel, Word, PowerPoint), SQL.
MORE ABOUT ZOLVE
KEY TEAM MEMBERS
CAPITALISATION
If you are interested to have a chat and see if we are a great fit for each other, please reach out to [email protected]
Zolve is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.