Senior Manager - Credit Risk

Job Description: Senior Manager – Credit Risk

Location Gurgaon / Bangalore / Mumbai

PayU, the fintech-arm of Naspers, is a leading financial services provider in global growth markets. We use our expertise and heritage in cross border and local payments to extend the services we offer to merchants and consumers. Our innovative technology, developed in-house as well as through investments and strategic partnerships, empowers billions of people and millions of merchants to buy and sell online, extending the reach of financial services.

PayU specialises in credit products and services for emerging markets across the globe. We are dedicated to removing risks to merchants, allowing consumers to use credit in ways that suit them and enabling a greater number of global citizens to access credit services. PayU focuses on delivering innovative fintech solutions. We connect consumers and businesses, improving access to credit in markets such as India and Africa.

With credit being the key business priority, Lazypay and Paysense, the alternate lending platforms, have been developed to offer credit solutions such as small ticket credit (Buy Now, Pay Later), app based personal loans and point of sale credit (Merchant EMI).

Position Summary

We are seeking an experienced Senior Manager - Risk to lead our risk management initiatives and drive strategic decision-making across our lending portfolio. This role will be responsible for developing comprehensive risk management frameworks, leading cross-functional teams, and ensuring the organization's lending activities are carried out prudently, profitably, and in compliance with regulatory requirements.

Key Responsibilities

Strategic Leadership & Management

• Lead and manage a team of risk analysts and specialists to deliver on business objectives
• Develop and execute comprehensive risk management strategies aligned with business goals
• Drive organizational risk culture and ensure risk-aware decision making across all levels
• Present risk insights and recommendations to senior leadership and board committees
• Collaborate with C-suite executives on portfolio strategy and risk appetite frameworks

Risk Framework Development

• Design, implement and maintain enterprise-wide credit policies for digital lending products
• Establish risk governance frameworks and ensure adherence to regulatory requirements
• Lead the development of sophisticated risk models and scorecards for customer acquisition and management
• Create and optimize customer lifecycle management strategies to maximize profitability while managing risk

Analytics & Decision Science