Job Description:

Role Overview

The Risk Lead – Digital Lending is responsible for managing credit risk, fraud risk, and portfolio risk for digital personal loan products. The role ensures that lending decisions balance growth and profitability while minimizing defaults and fraud.

Key Responsibilities
Credit Risk Strategy
Develop and implement credit risk policies for personal loans.
Define eligibility rules such as:
Minimum income
Credit score requirements
Employment criteria.

Many lenders use credit bureau data from organizations like TransUnion CIBIL and Experian.
Risk Model Development
Design and improve credit scoring models.
Use data analytics to predict loan default probability.
Work with data teams to build automated decision engines.
Portfolio Risk Monitoring
Track performance of the personal loan portfolio:
Delinquencies




Non-performing assets (NPAs)
Early default rates.
Analyze trends and identify risk segments.
Fraud Risk Management
Detect and prevent fraud in digital loan applications.
Implement fraud checks such as:
Device verification
Identity validation
Transaction monitoring.

Identity verification often involves Unique Identification Authority of India systems like Aadhaar-based KYC.
Digital Lending Process Optimization
Improve approval workflows for instant personal loans.
Balance rapid loan approvals with solid risk controls.
Regulatory Compliance
Ensure lending policies comply with guidelines from Reserve Bank of India.
Implement proper documentation and audit controls

📌 Idfc Bank/risk Lead Digital Lending Personal Loan /mumbai (India)
🏢 Acura Solution
📍 India