Associate Manager II - Credit Risk

About the Team

The Risk team at Navi is responsible for identifying, assessing, and mitigating potential risks across the organization. The Credit Intelligence team, part of the Risk function at Navi, focuses on studying granular customer level data to gather deep insights that feedback into improving credit underwriting, as well as any strategic initiatives to enhance user engagement.

About the Role

Navi is looking for an Associate Manager II – Credit Risk to join the Group Risk function, focusing on quantitative risk management across credit portfolio and model risk. The role involves supporting the development, validation, and ongoing monitoring of credit decisioning models and underwriting strategies. You will work closely with cross-functional teams to deliver insights that guide business decisions, manage credit risk exposure, and contribute to key risk analytics initiatives including stress testing, portfolio diagnostics, and macroeconomic scenario modeling. This is a high-impact role requiring strong analytical acumen, comfort with quantitative methods, and the ability to work across both structured and exploratory problem statements.

What We Expect From You

• Work on the Risk function mandates related to credit & model risk management, aligning to the roadmap of planned objectives across these areas
• Support quantitative risk measurement and management initiatives for the lending business. These initiatives could include :
• Credit model validation / monitoring
• Review of AI / ML decision models and Underwriting Strategies
• Portfolio health monitoring, perform RCAs to mitigate risk
• Macro-economic modeling and loss forecasting
• Quantification of stress testing outputs
• Help prepare outputs of risk analytics initiatives such that engagement with Senior Management, Board Committees and external stakeholders can be facilitated
• Assist the Group Risk function in ad-hoc quantitative modeling & risk analytics

Must Haves

Inside Navi

We are shaping the future of financial services for a billion Indians through products that are simple, accessible, and affordable. From Personal & Home Loans to UPI, Insurance, Mutual Funds, and Gold — we’re building tech-first solutions that work at scale, with a strong customer-first approach.

Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India’s fastest-growing financial services organisations. But we’re just getting started!

Our Culture

At Navi, we’re a place where ambition meets opportunity and ideas turn into impact quickly. We empower people with high ownership from the start, encouraging them to solve meaningful problems and build with excellence. Teams here work in an environment that values speed, collaboration and craftsmanship, while celebrating learning, growth and shared wins along the way. Whether you’re shaping the future of fintech products or driving innovation behind the scenes, life at Navi means being part of a high-energy, talent-driven workplace where your contributions truly make a difference.

We’re guided by our own operating system - The Navi OS - a set of principles that shape how we work and win together. You can explore them at to see what drives us every day.

If this feels like you, Navi is the place to grow, thrive and make a real impact.