Credit Hindsighting Lead

Location: Bangalore / Head Office

Department: Risk Management

Function: Credit Risk

Reporting To: Chief Risk Officer / Head of Credit Risk

Grade: Senior Manager / AVP / DVP (Based on experience)

About Vistaar Finance

Vistaar Finance Limited is a leading NBFC focused on providing inclusive financial solutions to underserved MSMEs and emerging entrepreneur segments across India. The organization specializes in secured lending products including Loan Against Property (LAP), MSME Business Loans, Affordable Housing Finance, and Mortgage-backed lending solutions.

As Vistaar continues to scale its business, strengthening portfolio quality through robust post-disbursement credit analytics and continuous improvement mechanisms has become critical. The Credit Hindsighting Lead will serve as the central owner of the credit hindsighting framework, driving portfolio learning, policy feedback loops, underwriting effectiveness assessments, and predictive risk insights.

Position Summary The Credit Hindsighting Lead will be responsible for conducting detailed post-disbursement credit reviews to assess the effectiveness of underwriting decisions, identify key drivers of portfolio performance, and enable continuous improvement of credit policies, scorecards, risk appetite frameworks, and underwriting practices.

The role will act as a bridge between Credit, Risk, Analytics, Collections, Fraud Control Unit, and Business teams to establish a robust learning culture from portfolio outcomes and ensure data-driven credit decisioning.

Key Responsibilities

Portfolio Hindsighting & Credit Evaluation

- Design and institutionalize a comprehensive Credit Hindsighting Framework across all lending products.
- Conduct periodic reviews of approved and rejected loan applications to assess:
- Quality of underwriting decisions.
- Accuracy of risk assessment.
- Deviations from policy.
- Missed early warning indicators.




- Perform detailed root cause analysis of delinquent and defaulted accounts.
- Evaluate behavioural trends across customer, geography, product, program, branch and underwriter cohorts.
- Assess underwriting assumptions versus actual portfolio performance.

Credit Policy & Risk Feedback
- Provide structured feedback to Credit Policy and Risk teams on:
- Gaps in underwriting standards.
- Emerging risk trends.
- Segment-level deterioration.
- Fraud vulnerabilities.

- Recommend changes to
- Credit policies.
- Risk acceptance criteria.
- Income assessment methodologies.
- Program structures.
- Risk-based pricing frameworks.
- Participate in policy formulation and annual policy reviews.

Portfolio Analytics & Monitoring
- Develop hindsighting dashboards and portfolio monitoring reports.

- Analyze

- First Payment Default (FPD)

- Early Delinquency Buckets
- 30+/60+/90+ DPD trends

- NPA migration patterns

- Vintage analysis

- Geographic concentration risks
- Product-wise credit performance
- Identify emerging stress indicators before deterioration becomes material.

Underwriter & Decision Quality Assessment
- Measure underwriting effectiveness at:
- Individual underwriter level.
- Credit hub level.
- Region level.
- Product level.
- Identify recurring judgment errors and assessment gaps.
- Support development of underwriting scorecards and competency frameworks.
- Recommend targeted interventions and training programs.

Risk Analytics & Model Validation
- Assess effectiveness of:
- Credit scorecards.




- Bureau-based decision rules.
- Internal risk models.
- Fraud detection triggers.
- Collaborate with Analytics teams for:
- Champion-Challenger analysis.
- Model calibration.
- Scorecard refresh exercises.
- Support IFRS/ECL and portfolio forecasting initiatives where applicable.

Governance & Regulatory Compliance
- Ensure hindsighting reviews are adequately documented and auditable.

- Present findings to
- Risk Management Committee.
- Executive Credit Committee.
- Senior Leadership Team.
- Board Risk Committee (as required).
- Ensure adherence to RBI guidelines and internal risk governance standards.

Stakeholder Management

Work closely with

- Credit Underwriting
- Business Banking Teams
- Collections & Recovery
- Fraud Control Unit
- Internal Audit
- Risk Analytics
- Operations
- Technology Teams
- Finance & Portfolio Monitoring Teams

Key Deliverables (KPIs) MetricTarget FocusHindsighting Review Coverage>90% of identified sample universeRoot Cause Analysis TurnaroundWithin defined review timelinesPortfolio Insight ReportsMonthlyPolicy Improvement RecommendationsQuarterlyUnderwriter Performance ReviewsQuarterlyEarly Risk Identification AccuracyImprovement in leading indicatorsReduction in Repeat Credit DefectsContinuousPortfolio Quality SupportImprovement in FPD and delinquency metrics

Candidate Profile

Education

- MBA (Finance), CA, CFA, FRM or equivalent qualification is preferred.
- Bachelor's degree in Commerce, Finance, Statistics, Economics, Engineering or related discipline.

Experience
- 8-15 years of experience in Credit Risk, Portfolio Analytics, Credit Policy, Risk Management or Credit Audit functions.
- Experience in NBFC, HFC, Bank, MSME lending, LAP or Mortgage businesses is mandatory.
- Experience in portfolio monitoring and post-disbursement risk analytics preferred.

📌 Lead - Credit Hindsighting (Bengaluru)
🏢 Vistaar Finance
📍 Bengaluru