Credit Analyst

Ring is a "Made in India" online Instant Credit Platform operated by ONEMi Technology Solutions Private Limited with a vision to provide speedy and hassle-free credit financing to its customers across India.Ring has also been recognized as a Great Place to Work organization.About the Role:The role involves assessing financial statements, credit reports, and other relevant data to determine the risk of extending credit. The analyst will recommend approval or denial of credit applications based on their findings.Roles and Responsibilities:1. Business- Daily Monitoring of through-the-door population- Support in monthly monitoring presentations wrt to performance parameters2. Data Management and Analysis- Deep Dive of the performance of an existing portfolio- Segmenting the portfolio to evaluate different performance KPIs and managing the policy according to segments- Evaluation of the stability of underwriting models and identifying additional overlays and recommendations- Monitoring Bounce Rate, benchmarking performance of the existing portfolio, Loss management, policy review, product changes, and third-party services.- Writing and updating the SQL/Python codes according to business requirements- Data Analysis to create reports that generate insights.3. Policy Review- Analysis of the data and extraction of the riskier segments- Implementation and Review of policy for loss management.- Line Management and pricing basis various KPIs4. Performance monitoring- Portfolio Analysis and recommending the policy changes to the Policy head basis the outcome of the analysis- Periodical credit review of the existing portfolio and conducting various analyses to identify the high-risk segments- Taking actions to mitigate the risks identified based on portfolio performance- Monitor the delinquent accounts to ensure the achievement of company standards/benchmark of the delinquency.- Identifying technological solutions to improve existing processes and overall portfolio management functions- Analysis of various MIS to monitor portfolio performance and risk5. Others- Managing relations with Partners, and credit reporting agencies and assisting in all credit operations of the company- Working on standardization of policies and processes.Desired Experience:Must-Have:Hands-on experience with SQL, Tableau, or any Business Intelligence (BI) tool.Proficiency in data structures and knowledge of credit risk assessment.Preferred:Experience with Python and a strong understanding of statistical concepts.Familiarity with AWS Athena and decision-making tools such as Decision Trees.Domain knowledge specific to the finance sector.Qualifications:A minimum of 2 years of experience in analytics, with at least 1 year in the banking, Non-Banking Financial Companies (NBFCs), or fintech sectors.A solid understanding of risk performance metrics and evaluation.Skills:Strong communication skills, both verbal and written.A data-driven and analytical approach to problem-solving.Ability to work effectively as part of a team PRB