Business Analyst - Risk

PayU Finance – Credit Analyst

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).

Our Impact

The Credit Risk team develops, implements and maintains the acquisition as well as customer management strategies for the consumer lending business at PayU. We leverage traditional, alternative and behavioral data to create a credit policy that helps ensure risk-adjusted returns. We work extensively with the marketing, decision sciences, product and technology teams to help create a product and experience that puts the customer at the center.

We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an immediate impact on the credit strategy and help the business manage risk effectively.

Your Impact

As a credit analyst, you will be part of our credit risk team. You will build credit policy basis data insights and high focus on process/experience. As part of our credit risk team you will be operating at the core of the business, with stakeholders across functions to drive our hyper growth

How You Will Fulfill Your Potential

• Develop, implement and maintain credit policy for digital lending products
• Analyze data (e.g. traditional and alternative bureau, behavioral & macroeconomic data) using statistical tools and analytical techniques to generate insights and optimize credit decisions (accept/ decline, pricing and credit line)
• Build and optimize existing customer management strategies to improve customer level profitability
• Monitor portfolio and vintage delinquencies to ensure risk is within bounds; take corrective action as required
• Analyze and evaluate potential vendors/data providers for incremental value in credit management strategies in a continuous improvement environment
• Partner with marketing, data science and product teams to ensure appropriate execution of policy requirements
• Keep up-to-date on applicable regulations and compliance requirements with possible interactions with internal and external regulators

Skills & Experience : -

• Bachelor’s degree in Mathematics, Statistics, Economics, Engineering or a related field.
• 2-4 years of relevant experience. Experience in risk policy/risk management/analytics would be preferred
• Utilizing knowledge of credit bureau data, risk scorecards and ability to pay quantification
• Expertise in excel; data manipulation using SQL/R/Python an added plus
• Visualizing complex data analyses and communicating to a wide variety of audiences, including senior leadership
• Managing several projects simultaneously and driving end-to-end project delivery
• Developing policy and procedures documentation for credit risk strategy execution
• Developing and automating quality control process to ensure intended execution of credit strategies

Experience: 2-4 years

Location: Gurgaon/ Bangalore/ Mumbai