Kaleidofin - AVP / DVP - Risk Management

Kaleidofin Capital Pvt Ltd (KCPL), incorporated on March 19, 2021, is a Non-Banking Financial Company (NBFC) focused on enabling finance to informal enterprises and underserved customer segments often overlooked by traditional financial institutions. KCPL, a wholly owned subsidiary of Kaleidofin Pvt Ltd (KPL) and operates as part of a larger digital ecosystem built by KPL whose mission is to ensure finance for everyone, everywhere. KCPL specializes in enterprise loans [Nano Business, Agri / Dairy, Women entrepreneur loans] and leverages KPL's ki credit platform and ki score driven origination via a partnership model with high quality originators

KCPL received its NBFC certification in 2022, officially authorizing it to conduct lending activities. Since then, the company has expanded its operations to over 437 districts across 12+ states in India, leveraging Kaleidofin's established presence in these regions. This extensive reach allows KCPL to make a substantial impact in rural and semi-urban regions, effectively bridging the financing gap for informal and small-scale businesses.

Utilizing the proprietary "ki score" - an advanced supervised machine learning algorithm that specializes in assessing credit risk for thin file customers, KCPL has built credit book of INR 1.8 billion, primarily focused on informal micro-enterprises, agricultural and allied industries, and loans for women entrepreneurs. This growth is backed by partnerships with banks, large NBFCs, and a strong network of originators. Additionally, KCPL's expertise in debt capital markets and structured finance has enabled it to leverage a diverse set of funding sources to support its lending initiatives.

KCPL's strategic direction is guided by a distinguished board, including three co-founder directors : Mr. Puneet Gupta, Mrs. Sucharita Mukherjee, and Mr. Vipul Sekhsaria. They are supported by Independent Director Mr. Ramanathan. Kaleidofin Capital is led by a team of seasoned professionals with deep expertise in finance, technology, and customer impact. The leadership team combines years of experience with a shared commitment to driving meaningful change through delivery of suitable finance.

Kaleidofin Private Limited is a fintech focused on the mission to build a digital ecosystem ensuring finance for everyone, everywhere. We provide the ki credit platform, combining credit health assessment (ki score), middleware rails and best-in-class risk management (ki view) to enable the financial ecosystem to serve customers better. Via credit health scores for impactful finance and innovative debt structures to scale, Kaleidofin is driving towards its goal to unlock access to tailored finance for women, agri and nano entrepreneurs - in India, Bangladesh and East Africa. The platform has unlocked debt capital of cumulatively more than USD 4.27 billion for over 6.75 million customers and small enterprises working in the informal economy. Over the years, Kaleidofin has raised capital of USD 42 million from marquee investors, including The Bill & Melinda Gates Foundation, The Michael & Susan Dell Foundation, Rabo Partnerships, IDH Farmfit Fund, Oikocredit, Flourish, Omidyar Network, Blume Ventures, and Bharat Fund, who share our commitment to financial inclusion and impact.

What you'll do?

As AVP / DVP Risk, you will lead the development and implementation of the company's risk management strategy across credit, operational, and regulatory domains. This role demands a strategic mindset, strong analytical skills, and a deep understanding of the NBFC and Banking sector and regulatory landscape in India. The ideal candidate will be an experienced risk management leader, capable of managing and mitigating risks in alignment with the company's growth objectives, regulatory requirements and customer impact.

• Risk Strategy & Framework Development

o Evolve and implement a comprehensive risk management framework that aligns with business goals, regulatory requirements, and market conditions.

o Manage risk for the retail and wholesale portfolio. Should have managed organization level credit risk policies and procedures, including underwriting standards, risk appetite frameworks, credit scoring models and collections processes.

o Ensure compliance with regulatory reporting guidelines issued by RBI and other authorities. Ensure timely regulatory reporting, organized audits, and lead initiatives to improve compliance culture across the organization.

o Leverage data analytics, AI, and machine learning tools to enhance data insights for risk control, provide inputs to improve risk modeling, fraud detection, and early- warning systems.

o Prepare and present regular risk reports to senior management and the board, providing insights into portfolio performance, emerging risks, and key risk indicators.

o Lead and mentor a high-performing risk management team, encouraging a proactive and analytical approach to risk analysts.

Who you need to be?

(ref : iimjobs.com)