About Navi
Navi is one of the fastest growing financial services companies in India providing Personal & Home Loans, Insurance and Mutual Funds with a digital first approach. At Navi, our mission is to build financial services that are simple, accessible and affordable.
Founders: Sachin Bansal & Ankit Agarwal
Know what makes you a “Navi_ite” :
1.Perseverance, Passion and Commitment
• Passionate about Navi’s mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above and beyond by taking on additional responsibilities
2.Obsession with high quality results
• Consistently creates value for the customers and stakeholders through high quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritizes tasks, and achieves higher standards
3.Resilience and Adaptability
• Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Key responsibilities:
1. Credit Risk Framework Development: Work closely with the business team and partner banks to establish a comprehensive credit risk management framework from the ground up, collaborating with analytics, data science, and central risk teams for the Credit on UPI product (NAVI Trezo).
2. Risk Infrastructure & Monitoring: Design and implement a robust credit risk infrastructure and portfolio monitoring system in partnership with the Analytics, Tech, and Product teams.
3. Underwriting & Growth Optimization: Continuously assess growth opportunities from an underwriting perspective, aiming to improve approval rates while maintaining strong risk guardrails.
4. Credit Limit Strategy: Optimize the strategy for credit limit assignment and periodic revisions (including Credit Limit Increases (CLI) and Decreases (CLD)) to maximize customer spending while ensuring portfolio stability.
5. Portfolio Performance & Compliance: Take ownership of credit losses, portfolio quality, and underwriting compliance, working closely with business and product teams to achieve growth and risk targets per the desired PnL objectives.