Team Lead / Assistant Manager - Credit & Risk Underwriting
- Blucognition
- 5 - 7 years
- Pune
- 3 months ago
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Job Description
Position: Team Lead / Assistant Manager - Credit and Risk Underwriting
About bluCognition: bluCognition is an AI/ML based start-up specializing in risk analytics, data conversion and data enrichment capabilities. Founded in 2017, by some very named senior professionals from the financial services industry, the company is headquartered in the US, with the delivery centre based in Pune. We build all our solutions while leveraging the latest technology stack in AI, ML and NLP combined with decades of experience in risk management at some of the largest financial services firms in the world. Our clients are some of the biggest and the most progressive names in the financial services industry. We are entering a significant growth phase and are looking for individuals with entrepreneurial mindset who want to join us in this exciting journey. https://www.blucognition.com/
Job Summary: We are seeking an experienced and proactive Credit Underwriting Team Lead to manage day-to-day underwriting operations while maintaining high standards of credit assessment, accuracy, and turnaround time for our client, an innovative fintech company headquartered in the US with a subsidiary in Bangalore, India. This role involves detailed analysis of financial and banking data, team management, stakeholder engagement, and process improvement, qualitative research, and risk assessment. The ideal candidate will not only perform underwriting functions but also guide and mentor a team to ensure consistent, high-quality credit decisions in alignment with clients underwriting policies.
Key Responsibilities:
1) Manage the underwriting team and operations on a BAU basis.
2) Analyse financial statements, bank statements, KYC and KYB including counterparty analysis for line assignment and risk rating decisions.
3) Conduct qualitative company research using online sources like LinkedIn, Crunchbase, and others to build a comprehensive borrower profile.
4) Collate and validate information for all related accounts and entities provided by the client.
5) Train and share best practices with the team on leveraging financial and banking data for informed decision-making.
6) Streamline the underwriting process to optimize for time and accuracy.
7) Extensive experience in preparing dossiers/CAMs for businesses and effectively presenting underwriting rationale and credit decisions to key stakeholders.
8) Interpret contracts and project expected cashflows based on them.
9) Conduct quality control reviews of analysts work to ensure accuracy, completeness, and adherence to clients underwriting standards and internal policies; provide feedback and support continuous improvement.
10) Drive process improvement and help implement standardized underwriting frameworks across the team.
11) Collaborate with team to resolve discrepancies or incomplete information in statements.
12) Analyse financials & bank statements for multi-geography businesses.
13) Flag unusual trends, missing data, or inconsistencies and highlight the red flags to the client.
14) Ensure all data is entered accurately into internal templates.
Key Skills & Qualifications:
1) MBA Finance / Masters in Finance or any financial degree from reputed institute / Bachelors in related field like accounting, economics, business management, statistics, etc.
2) 4-5 years of experience managing underwriting processes in the Lending industry.
3) Proficient in interpreting complex financial data, contracts, and deriving meaningful credit insights.
4) Excellent leadership and communication skills for team and stakeholder engagement.
5) High attention to detail with strong analytical and investigative mindset.
6) Ability to work independently and make data-backed decisions under tight deadlines.
7) Proficient in MS Office (Word, Excel, MS Outlook / Outlook 365).
Preferred Skills & Experience:
1) Experience in fintech, NBFC, or bank underwriting processes.
2) Chartered Accountant is a plus.
3) Strong communication skills to explain underwriting rationale across team and to client.
4) Attention to detail and ability to detect fraudulent or suspicious financial statements and banking patterns.
5) Proficiency in Google Sheets is a plus.
Location: D - 3010, Solitaire Business Hub, Viman Nagar, Pune - 411014, Maharashtra, India
Mode of Work: Onsite / Work from Office (WFO)
Working Days: 5 Days a Week - Mondays to Fridays
Shift Timings: Day Shift - 11 AM to 8 PM IST with slight flexibility which could be required at times
Job Classification
Industry: FinTech / PaymentsFunctional Area / Department: Risk Management & ComplianceRole Category: Risk Management & Compliance - OtherRole: Risk Management & Compliance - OtherEmployement Type: Full timeContact Details:
Company: BlucognitionLocation(s): Pune
Keyskills: Credit Underwriting Google Sheets Excel Credit Risk Management MS Office Tools Financial Statement Analysis Credit Risk Analysis Microsoft Office Suite
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Blucognition
About bluCognition: bluCognition is an AI/ML based start-up specializing in risk analytics, data conversion and data enrichment capabilities. Founded in 2017, by some very named senior professionals from the financial services industry, the company is headquartered in the US, with the delivery cen...
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