About Fibe (formerly Early Salary):

Fibe is one of Indias leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. It is building a financial ecosystem that enables the mid-income group and the underserved segments to fulfil their financial aspirations. Fibe offers a range of financial products, including cash loans, long-term personal loans, and Impact loans for sectors like Healthcare, Education, Green Finance, Loan Against Mutual Funds, making affordability more accessible.

Fibe has grown multifold over the years and emerged as a market leader in providing financial assistance to young middle-income and underserved groups in India. Due to its scalable business model, Fibe has recently been upgraded to A- by CARE Ratings and has access to debt lines from leading banks, NBFCs and wholesale debt markets. It has been certified with ISO/IEC 27001 for its Information Security Management System (ISMS).

Fibe has disbursed more than 9 million+ loans worth Rs. 40,000 Cr+ since inception through its lending partners.

- Winner of BW Festival of Fintech Lending Platform of the Year (Gold) and Fintech Brand of the Year (Silver)
- ET Healthcare Awards 2024 - Excellence in Affordable Healthcare Financing
- Entrepreneur 2024 Founder of The Year & Best Innovation in Financial Services
- Winner of G20 Digital Innovation Alliance Best Startup in Fintech
- Great Place to Work Certified

Role Overview The AVP Cash Risk will be responsible for end-to-end portfolio risk management across the cash lending business, ensuring portfolio quality, profitability, and adherence to the organization's risk appetite. The role will drive portfolio performance through continuous KPI monitoring, credit cost management, partner risk oversight, co-lending portfolio governance, and implementation of portfolio optimization strategies such as swap-in/swap-out of risk segments. The incumbent will work closely with Business, Credit, Product, Analytics, Collections, Finance, Operations, and Lending Partners to monitor portfolio health, identify emerging risks, recommend corrective actions, and support sustainable business growth while maintaining prudent risk standards.

Key Responsibilities

1.



Portfolio Risk Management

- Own the overall risk performance of the Cash Loan portfolio across customer segments, channels, and lending partners.
- Continuously monitor portfolio KPIs including approval rates, disbursement trends, delinquency, roll rates, bounce rates, PAR, NPA, recoveries, vintage performance, and credit cost.
- Identify emerging portfolio risks through trend analysis and recommend timely corrective actions.
- Drive portfolio optimization initiatives while ensuring alignment with the organization's risk appetite.

2. KPI Monitoring & Portfolio Analytics

- Develop and monitor portfolio risk dashboards covering key business and risk metrics.
- Analyze portfolio performance across customer cohorts, geographies, risk bands, acquisition channels, and products.
- Track early warning indicators (EWI) and recommend preventive interventions.
- Generate actionable MIS and management reports for leadership reviews.

3. Portfolio Optimization (Swap-In / Swap-Out Strategy)

- Recommend inclusion (Swap-In) of profitable customer segments based on portfolio performance and risk-return analysis.
- Identify and recommend exclusion or tightening (Swap-Out) of underperforming or high-risk customer segments.
- Evaluate the impact of policy changes on portfolio growth, profitability, and asset quality.
- Support implementation and monitoring of segment-level risk strategies.

4. Partner Risk Management

- Monitor portfolio performance across lending partners, banks, and co-lending arrangements.
- Manage periodic partner performance reviews covering portfolio quality, underwriting effectiveness, operational compliance, and collection efficiency.
- Recommend risk mitigation actions based on partner performance trends.
- Coordinate with partner teams to ensure adherence to agreed risk policies and SLAs.

6.



Credit Cost Management

- Monitor monthly credit cost against budget and business plans.
- Analyze drivers of credit losses and recommend strategies to optimize portfolio profitability.
- Partner with Collections, Finance, and Business teams to improve recovery performance and reduce portfolio losses.
- Support forecasting of portfolio losses and provisioning requirements.

7. Risk Governance & Stakeholder Reviews

- Conduct monthly portfolio review meetings with Business, Credit, Collections, Product, Finance, Analytics, and senior leadership.
- Present portfolio performance, emerging risks, KPI trends, policy effectiveness, and recommended action plans.
- Track closure of agreed action items and ensure timely implementation.
- Support internal audits, regulatory reviews, and governance forums.

8. Policy & Risk Framework Management

- Support development, implementation, and periodic review of credit risk policies and portfolio management frameworks.
- Recommend policy changes based on portfolio performance, customer behavior, market trends, and regulatory expectations.
- Ensure consistent implementation of approved risk policies across products and partners.
- Drive continuous improvement in portfolio monitoring, risk reporting, and governance processes.

Experience

- 8+ years in Credit Risk, Portfolio Risk, or Cash Risk within retail lending, fintech, NBFCs, or banking.
- Bachelor's degree in Finance, Business, Economics, Engineering, Statistics, Mathematics, or a related discipline.
- MBA / CA / CFA / FRM or equivalent qualification will be preferred.
- Experience in unsecured lending, portfolio monitoring, credit cost, and risk policy management.
- Exposure to co-lending and partner risk management is preferred.
- Strong knowledge of retail lending, portfolio analytics, and risk management.
- Proficiency in portfolio KPIs, risk metrics, and analytical tools (Excel, SQL, Power BI/Tableau).
- Familiarity with RBI regulations and digital lending frameworks.
- Strong analytical, stakeholder management, and leadership skills.
- Data-driven, execution-focused, and able to thrive in a quick-paced environment.

📌 Risk Manager-AVP (Cash Risk) (Pune)
🏢 Fibe -
📍 Pune