Risk Analyst

Job Title: Credit Risk AnalystCompany: FatakPay FinTechLocation: Mumbai, IndiaSalary Range: INR 8 - 15 Lakhs per annumJob Description:FatakPay, a leading player in the fintech sector, is seeking a dynamic and skilled Credit Risk Analyst to join our team in Mumbai. This position is tailored for professionals who are passionate about leveraging technology to enhance financial services. If you have a strong background in engineering and a keen eye for risk management, we invite you to be a part of our innovative journey.Key Responsibilities:Conduct thorough risk assessments by analyzing borrowers' financial data, including financial statements, credit scores, and income details.Develop and refine predictive models using advanced statistical methods to forecast loan defaults and assess creditworthiness.Collaborate in the formulation and execution of credit policies and risk management strategies, ensuring compliance with regulatory standards.Monitor and analyze the performance of loan portfolios, identifying trends, risks, and opportunities for improvement.Stay updated with financial regulations and standards, ensuring all risk assessment processes are in compliance.Prepare comprehensive reports on credit risk analyses and present findings to senior management.Work closely with underwriting, finance, and sales teams to provide critical input influencing lending decisions.Analyze market trends and economic conditions, adjusting risk assessment models and strategies accordingly.Utilize cutting-edge financial technologies for more efficient and accurate data analysis.Engage in continual learning to stay abreast of new tools, techniques, and best practices in credit risk management.Qualifications:Minimum qualification: B.Tech or Engineering degree from a reputed institution.2-4 years of experience in credit risk analysis, preferably in a fintech environment.Proficiency in data analysis, statistical modeling, and machine learning techniques.Strong analytical and problem-solving skills.Excellent communication skills, with the ability to present complex data insights clearly.A proactive approach to work in a fast-paced, technology-driven environment.Up-to-date knowledge of financial regulations and compliance standards.We look forward to discovering how your expertise and innovative ideas can contribute to the growth and success of FatakPay. Join us in redefining the future of fintech!