About the TeamThe Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organisation. The Credit Intelligence team, part of the Risk function at Navi, focuses on studying granular customer level data to gather deep insights that feedback into improving credit underwriting, as well as any strategic initiatives to enhance user engagement.
About the RoleNavi is looking for someone in Credit Risk to join the Group Risk function, focusing on quantitative risk management across credit portfolio and model risk. The role involves supporting the development, validation, and ongoing monitoring of credit decisioning models and underwriting strategies. You will work closely with cross-functional teams to deliver insights that guide business decisions, manage credit risk exposure, and contribute to key risk analytics initiatives including stress testing, portfolio diagnostics, and macroeconomic scenario modelling. This is a high-impact role requiring strong analytical acumen, comfort with quantitative methods, and the ability to work across both structured and exploratory problem statements.
What We Expect From YouWork on the Risk function mandates related to credit & model risk management, aligning to the roadmap of planned objectives across these areasSupport quantitative risk measurement and management initiatives for the lending business. These initiatives could include:Credit model validation / monitoringReview of AI / ML decision models and Underwriting StrategiesPortfolio health monitoring, perform RCAs to mitigate riskMacro-economic modeling and loss forecastingQuantification of stress testing outputsHelp prepare outputs of risk analytics initiatives such that engagement with Senior Management, Board Committees and external stakeholders can be facilitatedAssist the Group Risk function in ad-hoc quantitative modelling & risk analytics
Must HavesBachelor’s/Master’s degree, preferably with specialisation in economics/ statistics/quantitative financeWorking knowledge of AI / ML techniques in quantitative modellingProficient knowledge of SQL, Excel, Tableau. Python would be a plusExperience in financial modelling would be an add-onAbility to find patterns in data and analyse potential impact against key business driversWork in a dynamic environment of business, structure problems, define and track actionablesExcellent verbal & written communication skills, as well as presentation skills
About NaviWe are on a mission to make finance simple, accessible and affordable for a billion Indians. Guided by a strong customer-first approach, we are building tech-first solutions that work at scale. Our offerings include a range of financial products and services across Loans, Insurance, Mutual Funds, Digital Gold and UPI.Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India’s fastest-growing financial services organisations. But we’re just getting started!
Our CultureAt Navi, we’re a place where ambition meets opportunity and ideas turn into impact quickly. We empower people with high ownership from the start, encouraging them to solve meaningful problems and build with excellence. Teams here work in an setting that values speed, collaboration and craftsmanship, while celebrating learning, growth and shared wins along the way. Whether you’re shaping the future of fintech products or driving innovation behind the scenes, life at Navi means being part of a high-energy, talent-driven workplace where your contributions truly make a difference.
We’re guided by our own operating system - The Navi OS - a set of principles that shape how we work and win together. You can explore them at navi.com/our-values to see what drives us every day.If this feels like you, Navi is the place to grow, thrive and make a real impact.
📌 Associate Manager II - Credit Risk (Mumbai)
🏢 Navi
📍 Mumbai