Head of Risk

Responsibilities

- Develop and implement the company's risk and product strategy;

- Own the risk function and key metrics: FPD7, NPL90, Collection Saldo, Risk-Adjusted Yield, LPC;

- Build, align, and execute the risk roadmap on time and in full;

- Own credit policy (segmentation, limits, decline/approval logic, change governance);

- Own fraud risk as a distinct discipline (synthetic identity, document fraud, mule networks, device and behavioural signals);

- Build and lead the Risk and AI/ML teams, delivering in-house scoring at parity with external vendors;

- Manage the full risk-vendor portfolio: bureaus, risk-service providers, alternative-data, KYC and fraud providers;

- Operate as a member of the executive team: strategic planning, growth initiatives, top-management ownership;

- Prepare and defend the team budget in order to achieve goals.

6-12 Month Expectations

- Loans per Customer 5.0, NPL90 15%;

- In-house scoring models built and deployed, performing at least on par with our external risk vendor.

Who We Are Looking For





- 7+ years in consumer lending, including 5+ years in Indian PDL;

- Owned risk strategy end-to-end as CRO or Head of Risk, or at a larger lender as Deputy CRO or sole risk owner of one product;

- Built, or led the build of, credit risk models, scorecards, or decisioning rules in production with quantified business impact (e.g., FPD or NPL reduction, approval-rate improvement, loss savings) that you can defend in detail;

- Worked hands-on in SQL and Python/R; scoped, validated, and challenged ML scoring models rather than delegating them blindly;

- Selected, onboarded, and phased out risk vendors (bureaus, scoring, alternative-data, fraud, KYC) based on measurable cost-vs-lift;

- Hired, built, and led a risk team of 5+ professionals across analytics, policy, and/or modelling;

- Drive to build a scalable risk system from scratch;

- Fluent English.

📌 Head of Risk (Bengaluru)
🏢 Alpha Rupee
📍 Bengaluru