About the Team

The Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organization. The Credit Risk team, part of the Risk function at Navi, reviews and monitors the performance of credit underwriting policies and models, ensuring timely risk interventions and data-backed decision-making to manage portfolio quality.

About the Role

This role is for a credit risk specialist with deep subject matter expertise in model validation, portfolio analytics, and loss forecasting.

You will act as a senior reviewer and challenger within the Credit Risk function — independently evaluating credit strategies, scorecards, and AI/ML models to ensure soundness, stability, and compliance with Navi’s risk appetite.

A key focus of the role is to estimate and forecast credit losses early in the lifecycle, providing forward-looking visibility into portfolio quality soon after disbursals and helping the organization course-correct in near real-time as underwriting strategies evolve.

This is an individual contributor role, reporting to the Head of Credit Risk.

What We Expect From You

- Loss Forecasting and Portfolio Insights

- Build and refine frameworks to forecast eventual losses as early as possible post-disbursal, leveraging model outputs, borrower behavior, and cohort analytics.

- Quantify the impact of policy or underwriting changes on expected losses, vintage quality, and profitability.

- Partner with data science and underwriting teams to establish early loss estimation pipelines that integrate leading indicators and alternative data signals.

- Provide deep-dive analysis to highlight emerging loss trends and recommend corrective actions proactively.

- Model Review and Validation

- Independently review and validate AI/ML credit decision models and scorecards, ensuring robust performance, calibration, and documentation.





- Develop challenger models and conduct back-testing to assess predictive accuracy and bias.

- Partner with Data Science to ensure transparent, interpretable, and well-governed model design aligned with regulatory and internal standards.

- Credit Strategy Review

- Critically evaluate underwriting policies, cut-offs, and segmentation strategies proposed by credit and business teams.

- Provide structured challenge and analytical feedback to strengthen decision frameworks and portfolio outcomes.

- Review performance of new credit policies or scorecard changes and quantify downstream risk impact.

- Governance and Communication

- Prepare and present independent review findings for senior management and governance forums.

- Support the Head of Credit Risk in validation reports, board committee materials, and model governance documentation.

- Continuously identify opportunities to enhance validation frameworks, analytical processes, and automation in risk oversight

Must Haves

- Bachelor’s or Master’s degree from a premier institute.

- Relevant experience in credit risk, scorecard/model validation, or loss forecasting within fintech or retail lending.

- Deep expertise in loss forecasting, early delinquency prediction, and vintage-based risk modeling.

- Strong technical skills — proficiency in SQL, Excel, and Python; comfort with regression, survival analysis, and ML techniques for loss estimation.

- Demonstrated ability to independently challenge and influence cross-functional teams.

- Excellent communication and presentation skills with exceptional analytical clarity and attention to detail.





A problem-solving mindset with curiosity, speed, and the ability to balance precision with business pragmatism.

Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

We are on a mission to make finance straightforward, accessible and affordable for a billion Indians. Guided by a robust 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 Culture

At 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 environment 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 - Credit Risk (Bengaluru)
🏢 Navi
📍 Bengaluru