Assistant Manager - Regional Credit Risk, Consumer Lending

Job Description

Get to Know the Team

The rapidly expanding Regional Credit Risk department at Grab Financial Group (Grab's newest vertical in Financial Services space), develops and launches credit products across multiple countries in SouthEast Asia.

The position is within the core credit risk team that looks after Grab's Buy-Now-Pay-Later (BNPL) product, as we do this from scratch we have complete responsibility for each product: developing the backend (Credit Decision engine), the front-end (Limit Management), use of the data science models, and then creating a local setup in each country with scalable risk management and portfolio management solutions.

The Lending team is made up of a mix of risk management, product, design and software professionals, providing lots of opportunity to share knowledge and learnings across functions.

Get to Know the Role

The Assistant Manager for Regional Credit Risk in consumer lending is responsible for managing and driving credit risk management strategies, policies, and procedures. This role offers a unique opportunity for rapid professional growth, encompassing all aspects of the credit risk framework, from data integrity to system reporting. The individual will be involved in designing underwriting and account management strategies for the consumer portfolio and will work closely with the vertical/ functional heads, country risk teams, and other functional stakeholders to execute them.

This role will be reporting to Manager, Regional Credit Risk, Consumer Lending and be based onsite in our Petaling Jaya office.

The Critical Tasks You Will Perform

The role will be responsible for combining advanced analytics with strategic foresight to optimize our credit risk strategy, operations, ensuring sustainable growth and steadfast compliance in a dynamic financial landscape

• Optimize underwriting and portfolio management risk policies through use of analytics and strategies for consumer portfolios
• Understand, implement, and promote best lending practices across different countries, ensuring successful acquisition and portfolio management strategies are integrated.
• Continuously monitor portfolio risk reports, leveraging them to pinpoint and capitalize on opportunities for enhancing credit program efficiency.
• Regularly provide ad-hoc credit risk evaluations and advisory to Regional teams, Group Risk Head, and other key stakeholders.
• Assist in product and credit program development, reviewing and estimating risk parameters, product pricing, structure, and ensuring regulatory compliance.
• Drive business agenda with potential partners, ensuring optimal risk and profitability economics.

Qualifications

What Essential Skills You Will Need

• A Master's/Bachelor's degree in a related domain in Statistics, Mathematics, Economics or relevant
• With a minimum 4 years in roles such as Credit Underwriting, MIS Reporting, Credit Policy, or Credit Analytics within the financial services or FinTech industry
• Experience with the retail banking customer credit life cycle, including origination and portfolio management; with prior experience in consumer lending (preferably credit cards/ personal loans/ Buy now pay later).
• Advanced technical expertise concerning credit risk models, database management, and segmentation techniques.
• Expertise in using Python and SQL for data analysis. Knowledge in visualization/dashboard tools such as Power BI will be an advantage.

Additional Information

Life at Grab

We care about your well-being at Grab, here are some of the global benefits we offer:

• We have your back with Term Life Insurance and comprehensive Medical Insurance.
• With GrabFlex, create a benefits package that suits your needs and aspirations.
• Celebrate moments that matter in life with loved ones through Parental and Birthday leave, and give back to your communities through Love-all-Serve-all (LASA) volunteering leave
• We have a confidential Grabber Assistance Programme to guide and uplift you and your loved ones through life's challenges.
• Balancing personal commitments and life's demands are made easier with our FlexWork arrangements such as differentiated hours

What We Stand For At Grab

We are committed to building an inclusive and equitable workplace that provides equal opportunity for Grabbers to grow and perform at their best. We consider all candidates fairly and equally regardless of nationality, ethnicity, race, religion, age, gender, family commitments, physical and mental impairments or disabilities, and other attributes that make them unique.