Hiring Manager : Pranav Magadi
Team : Risk
About Navi
Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.
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 & 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, prioritises tasks and achieves higher standards
3. Resilience and Adaptability
- Adapts quickly to new roles, responsibilities and changing circumstances showing resilience and agility.
Key responsibilities:
- Work on the Risk function mandates related to liquidity & market risk management, aligning to the roadmap of planned objectives across these areas
- Liquidity Risk: analysis of and reporting on funding, cash flow projections (including operational and behavioral views), liquidity measures, liquidity stress testing and relevant regulation
- Market Risk: analyze and report on aspects of market risk, including interest rate risk, considering macroeconomic issues and relevant regulation.
- Identification, assessment and monitoring of the liquidity risks related to the Company’s business
- Working closely with business units, Treasury and other relevant functions regarding business strategies, risk monitoring and limit compliance.
- Perform relevant analyses on key risk areas and communicate & present results with relevant stakeholders (including senior management, Board & management committees - especially the ALCO)
- Develop and maintain monitoring reports for Boards, Regulators and internal use on a regular basis - ensuring tracking against the Company’s risk appetite
- If and when required, liaise with internal and external auditors and regulators to ensure compliance to applicable standards.
- Develop and maintain liquidity & interest rate risk stress testing methodology (and underlying assumptions), identifying remedial corrective actions
- Independently review and challenge the Group’s liquidity metrics methodologies, including assumptions and key drivers.
- Lead key areas such as – contingency planning, intraday liquidity monitoring, etc. across the Group
- These responsibilities will span the entities across the Group, working closely with key stakeholders from each of the entities.
Required Skills:
- Bachelor's Master’s degree, preferably with specialization in economics / statistics / quantitative finance
- 2-5 years relevant experience, preferably working in risk management or a Treasury at a financial institution
- Strong understanding of risk, liquidity, and financial products.
- Ability to balance risk, potential impact, resourcing, business drivers, and timelines
- Excellent verbal & written communication skills, as well as presentation skills.