CREDIT FINANCE OFFICER

Company DescriptionQuikkred is a technology-driven credit platform transforming access to fast and reliable loans for salaried professionals across India. Leveraging advanced data analysis, intelligent underwriting, and strict compliance measures, Quikkred offers credit solutions that are quick, transparent, and customized to meet the modern workforce's needs.Role OverviewThe Credit Director will be responsible for leading the end-to-end credit strategy, underwriting framework, and risk management functions, with a strong focus on payday loans, short-term lending, and NBFC regulatory compliance. The role requires building scalable credit policies while maintaining portfolio quality and ensuring adherence to regulatory norms.Key Responsibilities1. Credit Strategy & PolicyDevelop and implement credit policies for payday loans and short-term unsecured lendingDefine underwriting standards, eligibility criteria, and risk thresholdsContinuously refine credit models based on portfolio performance and market trends2. Risk Assessment & UnderwritingOversee credit appraisal processes for retail lending productsEvaluate borrower profiles using bureau data, alternate data, and behavioral scoringDesign and approve risk-based pricing models3. Portfolio ManagementMonitor portfolio performance including delinquency, roll rates, and NPAsImplement corrective actions to maintain asset qualityDrive strategies for collections and recovery in coordination with operations teams4. Regulatory Compliance (NBFC)Ensure compliance with Reserve Bank of India (RBI) guidelines for NBFCsAlign credit processes with fair practices code and digital lending normsLiaise with auditors, regulators, and compliance teams5. Data & AnalyticsDrive data-led decision making using analytics and credit scoring modelsWork with data science teams to improve underwriting algorithmsMonitor fraud risk and implement prevention mechanisms6. Stakeholder ManagementWork closely with senior management on business growth vs risk balanceInterface with lenders, partners, and investorsSupport strategic initiatives such as new product launchesKey RequirementsEducationBachelor’s degree in Finance, Economics, Business, or related fieldMBA / CA / CFA preferredExperience10–15+ years in credit risk, preferably in NBFCs, fintech, or payday lending companiesStrong experience in unsecured lending and digital lending ecosystemsSkills & CompetenciesDeep understanding of payday loan underwriting and risk modelsKnowledge of RBI regulations for NBFCsStrong analytical and decision-making skillsLeadership and team management capabilitiesExperience with credit bureaus, alternate data, and fintech toolsPreferred QualificationsExperience in scaling digital lending platformsExposure to AI/ML-based credit scoring modelsPrior experience in high-growth fintech/NBFC environments

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