Credit Policy Manager

# Manager - Credit Policy ## Company Overview InPrime is a new age tech-led Non-Banking Financial Company (NBFC) focused on serving the informal economy. By establishing sound policies, we aim to achieve a high-quality portfolio and extend adequate credit services to our customers. We are committed to empowering our customers by making informed credit decisions. ## Job Summary As a Manager of Credit Policy, you will play a pivotal role in shaping our credit policies and ensuring a seamless end-to-end process for our financial services. You will work at the intersection of credit risk, product design, market segmentation, and technology, empowering our dedication to data-centric credit underwriting and risk evaluation. Your role is instrumental in shaping our assessment models, lending policies, and optimizing credit risk management. ## Responsibilities - **Credit Policy Design:** Develop, refine, and optimize credit policies, rules, and decision-making criteria based on market segmentation and customer profiles. - **Assessment Templates:** Build income assessment templates for focused sectors within the informal economy, requiring detailed field research and study of the segments. - **Loan Origination System (LOS) Implementation:** Oversee the implementation of the LOS, defining underwriting workflow, automating rules, and ensuring policy compliance. - **Product Collaboration:** Work closely with the product team to integrate policy considerations into product design, market segmentation, and credit policy formulation. - **Credit Model Development:** Collaborate with the analytics team to build credit decisioning models and internal credit scorecards that enhance the underwriting process. - **Data-Driven Decisions:** Develop a systematic framework for extracting and leveraging diverse data points to drive objective decision-making, implementing this framework via the rule engine. - **Process Design:** Create and design comprehensive end-to-end processes to ensure that credit policies are consistently implemented. - **Bureau Management:** Manage relationships with credit bureaus and ensure the seamless integration of bureau data into the underwriting process, along with managing other third-party relations impacting the credit process. - **Portfolio Management:** Drive the creation of a quality portfolio by applying policies to optimize credit assessment and decision-making while monitoring portfolio behavior and early warning signs closely for timely interventions. - **Training:** Create and deliver training modules to ensure thorough staff understanding of policy frameworks. - **Documentation:** Maintain comprehensive and accurate records of credit policies, decisions, and process documentation. - **Regulatory Compliance:** Ensure that all credit policies adhere to regulatory guidelines and compliance standards. ## Qualifications - **Education:** Bachelor's or Master's degree in a quantitative field (e.g., Finance, Business, Mathematics, Economics, etc.). - **Experience:** Minimum of 5 years’ experience in underwriting, credit analysis, and policy drafting within the financial services industry. - **Knowledge:** Strong understanding of financial regulations, credit risk, and industry standards, especially related to lending and underwriting. - **Skills:** Proficiency in developing and refining credit scoring frameworks and internal credit scorecards. Strong problem-solving skills to adapt to changing market conditions and optimize credit policies. ## Preferred Skills - Advanced quantitative analysis skills. - Familiarity with credit risk management software tools. - Strong communication and interpersonal skills. ## Experience - Minimum of 5 years in relevant roles, particularly in underwriting and credit policy management within the financial services sector. ## Environment - The position is based in HSR Layout, Bangalore. ## Salary - Estimated salary range and specific compensation details are not specified. ## Growth Opportunities - Career growth opportunities within our dynamic organization. ## Benefits - Competitive compensation and benefits packages. - A collaborative and innovative work environment. Interested candidates can submit their applications to sneh@inprime.in and dhruman@inprime.in.