Description
This role is for one of the Weekday's clients
Salary range: Rs 1500000 - Rs 2000000 (ie INR 15 - 20 LPA)

Min Experience: 4+ years
Location: Bengaluru
JobType: full-time

We are looking for a Head of Risk to build an underwriting engine that safely approves Gen Z customers often declined by traditional lenders, operating at the speed of a consumer app. You will be instrumental in replacing current decision-making processes with a robust, owned, and explainable scorecard, leveraging alternative data and on-platform behavioural signals to maximise approval rates within acceptable NPA bands. This role is critical for the company's growth, focusing on innovative risk assessment and management for a current generation of consumers.

Requirements
? Key Responsibilities
- Build a clean, owned, and explainable application scorecard to replace current credit decisioning processes, independent of partner NBFC overlays.
- Ingest alternative data via the Account Aggregator framework, including parsing bank statements, analysing UPI transaction patterns, merchant categories,



average balance velocity, and salary credit regularity.
- Utilise device quality, PIN code vintage, and telecom data as proxies for income and stability.
- Incorporate on-platform behavioural signals such as browsing depth, Wishlist-to-purchase conversion, and time-on-app before application.
- Implement risk-tiered approvals, aiming to maximise approval rates within an acceptable NPA band.
- Build the infrastructure to capture, store, and model repayment behaviour data for the proprietary Behavioural Credit Bureau.
- Develop a feature store to make behavioural signals available to the scoring engine in real time.
- Own the model monitoring stack, including drift detection, cohort performance tracking, and vintage analysis.
- Develop the Limit Graduation Engine logic for progressive credit journeys, managing limits from small to large tickets automatically and at scale.
- Incorporate repayment timelin

📌 Head Of Risk (Bengaluru)
🏢 Weekday AI
📍 Bengaluru