Risk Analyst

About PayU
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 
As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 
Thinking of becoming a PayUneer and you are curious to know more about us? Read more about the life in PayU here 
PayU Finance is the credit and lending arm of the PayU brand (a wholly-owned subsidiary of the Prosus group. Previously Naspers group) headquartered in Amsterdam, Netherlands. PayU Finance India has disbursed about 20 billion loans to date by volume and has disbursed more than $280 million in consumer credit. PayU Finance provides consumers and merchants with easy access to affordable short-term/medium-term loans.

KEY ACCOUNTABILITIES AND DELIVERABLES

• Responsible for ensuring credit risk in the portfolio to be within guardrail/benchmark
• Credit policy – Designing acquisition credit policy through domain understanding, historical learnings and predictive analytics for multiple programs leveraging credit bureau, transactions, banking data and business profile etc.
• Portfolio Management Activities – Designing credit policy for portfolio level risk actions such as Credit Line Increase/Decrease, early warning signals etc.
• Portfolio Management Activities – Designing and preparing Portfolio Quality Reports based on on-us, off-us performance to track the portfolio Risk.
• Developing customer segments to effectively track portfolio risk performance and timely action.
• Monitoring of Through-The-Door population characteristics to ensure its within expected benchmark, profile review to understand Through-The-Door population,
• Designing, monitoring and evaluating collection strategies to ensure effective collections in the portfolio
• Developing Risk based Pricing Model
• Conduct periodical stress tests to Identify potential weakness in portfolio and provide feedback to Management for necessary action
• Designing and building the ECL (expected credit loss) framework, Analysing Loan Portfolios offered by Co-Lending Partner and Estimating Credit Losses on such portfolio
• Developing Credit Rating Model, Application Scorecard and Behavioural Scorecard to manage portfolio risk effectively
• Working with cross-function teams to ensure timely deliverables of risk objectives

CANDIDATE PROFILE

• Educational Qualifications:
• A degree in Statistics, Computer Science, Mathematics or other similar quantitative field from a premier institute
• Experience: 
• 2+ years of Experience in Business/Risk Analyst.
• Prior experience in Credit Risk Analyst profile for Banks and NBFC is a plus
• Knowledge/Skills required:
• In depth understanding of Risk Analyst domain and use of different IT & Statistical tools for Analysis, Reporting & Monitoring.

• Proficiency in statistical analysis, quantitative analytics, forecasting/predictive analytics, multivariate testing, and optimization algorithms.
• Well versed in building models using platforms like R, SAS, Python, SQL and excel
• Eye for detail, flair to improve data quality & process re-engineering
• Proven ability to work creatively and analytically in an dynamic environment.
• Competencies required
• Strong problem-solving skills with the ability to understand and execute complex analysis
• Ability to work independently, with minimal supervision
• Highly ownership and focused on project delivery
• Excellent stakeholder management skills and demonstrated focus for customer satisfaction
• High-energy individual with a go-getter instinct and positive attitude.
• Detail oriented with strong organizational skills. Ability to function in a high volume setting with tight deadlines