Zolve—Credit Risk Senior Analyst

Job description

Description: ABOUT ZOLVE Welcome to the financial frontier of limitless possibilities - welcome to Zolve. We're not just a fintech; we're architects of a financial revolution, crafting a narrative that transcends borders. At Zolve, we believe in rewriting the rules of finance to empower global citizens, nomads, and dreamers to navigate the world without constraints. Zolve is the world's first cross border neo-bank which helps migrants get access to credit in the new country based on their home country credit score. Zolve’s cross-border capabilities enable global citizens to access financial products such as checking accounts, credit cards, remittances, insurances, and loans seamlessly, helping them to be financially free to pursue their ambitions, without limiting the services to a particular country. As we continue to grow into multiple geographies, product lines and customer segments, we are seeking a dynamic individual to join us and support our journey. JOB DESCRIPTION Role: Credit Risk Senior Analyst Location: Bengaluru Employment Type: Full-Time The Credit Risk Senior Analyst will be responsible for assessing, managing, and mitigating the credit risk exposure for the US credit card portfolio. This role will involve working closely with business units to ensure sound credit risk policies and practices are in place. The Credit Risk Senior Analyst will conduct thorough credit assessments, maintain risk monitoring systems, and assist in making strategic recommendations to safeguard the company from potential credit losses. This position requires strong analytical skills, a deep understanding of credit risk management principles, and the ability to communicate effectively with senior leadership. RESPONSIBILITIES Credit Risk Assessment - Evaluate and monitor the creditworthiness of existing and prospective customers - Perform detailed analysis of financial statements, credit bureau reports, and risk data - Recommend credit limits, terms, and risk actions based on assessment outcomes Credit Risk Strategy & Policy - Develop, implement, and periodically enhance credit risk policies and procedures - Ensure credit risk strategy aligns with business objectives and regulatory requirements - Advise senior management on risk exposure, trends, and mitigation strategies Risk Monitoring & Reporting - Monitor portfolio risk exposure to ensure compliance with internal risk limits - Prepare risk reports and dashboards highlighting key indicators, trends, and emerging risks - Implement and manage automated tools and systems for risk monitoring and reporting Stakeholder Management - Collaborate with underwriting, sales, finance, product, and legal teams to manage credit risk - Liaise with credit bureaus, auditors, and regulatory bodies to stay aligned with best practices Compliance & Governance - Ensure adherence to regulatory requirements and industry standards - Maintain up-to-date knowledge of US credit regulations and compliance frameworks Training & Development - Provide guidance and mentorship to junior risk analysts - Stay current with industry trends, tools, and regulatory developments QUALIFICATIONS Education: Bachelor’s degree in Finance, Economics, Accounting, or a related field ot Master’s degree (MBA / MSc) or professional certifications (FRM, CFA) are preferred Skills & Experience: - Minimum 5 years of experience in US credit card risk management or related roles - Strong understanding of credit risk analysis, financial modeling, and portfolio management - Experience working with US credit bureaus and US credit scoring frameworks - Exposure to credit risk management systems and tools Technical Skills - Advanced knowledge of credit scoring models and risk mitigation techniques - Proficiency in Excel, SQL, and Python - Strong analytical and reporting capabilities Soft Skills - Excellent analytical and problem-solving skills - Strong written and verbal communication abilities - Ability to engage effectively with senior leadership and external stakeholders - High attention to detail and strong organizational skills