Director Credit Risk

Are you passionate about solving roadblocks & challenges faced by MSMEs in India

MSMEs contribute significantly to India's total GDP. 90% of India's $1 Trillion Retail Market is controlled by Micro, Small & Medium Enterprises (MSMEs). Which means $900B worth of commerce flows through these 60M MSMEs in the form of shops / kiosks / homes, scattered all over the country. We at Khatabook, have a vision to empower MSMEs and help them increase their incomes. We have built a product that brings efficiency in MSME operations by providing them easy to use tools to manage their receivables, inventory and billing which creates transparency in their cash flow. Within the Khatabook platform, we have also enabled the facility to take loans for their short term working capital needs for select Khatabook users that are displaying good credit behavior. Our app has been downloaded over 100 Million times with a monthly active user base of 8 Million+ which are adding 220 Million+ transactions with a transaction value of $18 Billion.

Why work with us

People are our biggest asset! At Khatabook, every one of us is a dynamic superstar. We have carefully bred an ecosystem which hires nothing but incredibly and exceptionally talented people who can dream, collaborate, experiment, and break new ground. We're a strong team that looks out for each other.

Your role

We, at Khatabook, are looking for a Director / Senior Director – Credit Risk will lead the end-to-end credit risk function for Khatabook's lending business. This includes driving credit policy design, underwriting strategies,portfolio management, and risk governance across the lifecycle of digital lending. The ideal candidate will bring deep experience in credit risk management within fintech or lending organizations, and will be responsible for building a robust and scalable credit framework to support growth while maintaining portfolio quality.

What would you do at Khatabook

Credit Risk Strategy & Framework

Define and implement the overall credit risk strategy, governance, and framework for Khatabook's lending products. Develop risk appetite statements, credit policies, and approval frameworks aligned with business goals and regulatory requirements.

Underwriting & Policy

Lead design and continuous refinement of underwriting models, scorecards, and rule engines for SME and individual credit segments. Collaborate with data science and product teams to embed data-driven credit decisioning and automation. Build differentiated credit policies for various product lines (BNPL, working capital, merchant loans, etc.).

Portfolio & Performance Management

Monitor and analyze portfolio performance, delinquency trends, and loss metrics to identify early risk signals. Implement proactive risk controls, early warning systems, and portfolio optimization strategies. Drive initiatives to enhance collection efficiency and minimize credit losses.

Governance & Compliance

Establish robust credit review and monitoring mechanisms in line with internal and external audit standards. Ensure compliance with RBI and other regulatory guidelines applicable to digital lending and NBFC partnerships. Partner with finance, legal, and compliance teams to manage risk governance and reporting.

Stakeholder & Leadership Management

Partner with business, product, and technology leaders to balance growth with prudent risk

management. Manage and mentor a team of risk professionals, building strong analytical and

operational capabilities. Present portfolio insights and risk recommendations to senior leadership and board committees.

What are we looking for

• 10+ years of progressive experience in credit risk management, underwriting, and policy within fintech, NBFC, or banking environments.
• Proven track record in designing and implementing credit strategies for unsecured or MSME lending portfolios.
• Strong understanding of credit lifecycle management, from origination to collections and portfolio review.
• Hands-on experience with credit bureau data, alternate data, and digital underwriting models.
• Experience working with analytics, data science, and risk technology teams.
• Strong business acumen, analytical rigor, and ability to influence cross-functional stakeholders

Skills Required

Analytics, Credit Risk Management, Underwriting, risk governance , Portfolio Management