Website:
quikkred.in
Job details:
Company Description
Quikkred 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 Overview
The 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 Responsibilities
1. Credit Strategy & Policy
Develop and implement credit policies for payday loans and short-term unsecured lending
Define underwriting standards, eligibility criteria, and risk thresholds
Continuously refine credit models based on portfolio performance and market trends
2. Risk Assessment & Underwriting
Oversee credit appraisal processes for retail lending products
Evaluate borrower profiles using bureau data, alternate data, and behavioral scoring
Design and approve risk-based pricing models
3. Portfolio Management
Monitor portfolio performance including delinquency, roll rates, and NPAs
Implement corrective actions to maintain asset quality
Drive strategies for collections and recovery in coordination with operations teams
4. Regulatory Compliance (NBFC)
Ensure compliance with Reserve Bank of India (RBI) guidelines for NBFCs
Align credit processes with fair practices code and digital lending norms
Liaise with auditors, regulators, and compliance teams
5. Data & Analytics
Drive data-led decision making using analytics and credit scoring models
Work with data science teams to improve underwriting algorithms
Monitor fraud risk and implement prevention mechanisms
6. Stakeholder Management
Work closely with senior management on business growth vs risk balance
Interface with lenders, partners, and investors
Support strategic initiatives such as new product launches
Key Requirements
Education
Bachelor’s degree in Finance, Economics, Business, or related field
MBA / CA / CFA preferred
Experience
10–15+ years in credit risk, preferably in NBFCs, fintech, or payday lending companies
Strong experience in unsecured lending and digital lending ecosystems
Skills & Competencies
Deep understanding of payday loan underwriting and risk models
Knowledge of RBI regulations for NBFCs
Strong analytical and decision-making skills
Leadership and team management capabilities
Experience with credit bureaus, alternate data, and fintech tools
Preferred Qualifications
Experience in scaling digital lending platforms
Exposure to AI/ML-based credit scoring models
Prior experience in high-growth fintech/NBFC environments
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