The Role
Leads the enterprise Risk function across credit, portfolio, fraud, and operational risk for a digital lending organization. Responsibilities include strengthening underwriting frameworks, risk appetite, controls, portfolio analytics, early-warning systems, regulatory compliance, and risk mitigation. The role partners with business, credit, collections, and compliance teams while building and mentoring a high-performing risk organization and supporting technology-led, sustainable growth.
Summary Generated by Built In
Job Title: Chief Risk Officer
Location: Mumbai | Malad East
Experience: 15+ years
Qualification: Postgraduate degree / MBA preferred
Work Schedule: 5-day work week
We’re hiring a Head - Risk for our client, a leading NBFC and fintech organization in the digital lending space.
As the Head - Risk, your responsibilities would be:
- Lead the overall Risk function across Credit, Portfolio, Fraud & Operational Risk.
- Strengthen credit risk frameworks, underwriting policies, risk appetite & controls.
- Drive portfolio analytics, EWS and proactive risk mitigation.
- Build and lead a high-performing Risk team while ensuring RBI & policy compliance.
- Partner with Business, Credit, Collections & Compliance to balance growth and risk.
Requirements
- 15+ years in Risk Management across NBFC, Fintech, Digital Lending or BFSI.
- Proven track record leading end-to-end Risk functions/major verticals.
- Strong expertise in Credit Risk, Underwriting, Portfolio Risk & Analytics.
- Deep understanding of NBFC/BFSI frameworks, RBI regulations & tech-led risk decisioning.
- Exposure to Digital, Consumer, Unsecured or P2P Lending preferred.
- Strong leadership, stakeholder management & independent risk judgement.
Benefits
- Lead the complete Risk charter at a senior leadership level within a premier fintech and NBFC platform.
- Drive technology-led risk decisioning and build innovative analytics-driven risk frameworks.
- Work in a high-impact role shaping sustainable, risk-adjusted business growth alongside executive leadership.
- Build, mentor, and scale a high-performing risk management team.
- High visibility and strategic influence across cross-functional verticals like Credit, Collections, and Compliance.
Skills Required
- 15+ years of risk management experience across NBFC, fintech, digital lending, or BFSI
- Experience leading end-to-end risk functions or major risk verticals
- Strong expertise in credit risk, underwriting, portfolio risk, and analytics
- Deep understanding of NBFC and BFSI frameworks, RBI regulations, and technology-led risk decisioning
- Postgraduate degree or MBA
- Exposure to digital, consumer, unsecured, or P2P lending
- Strong leadership, stakeholder management, and independent risk judgment
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The Company
What We Do
Vellstone is an executive search and talent advisory firm serving organizations across Technology, SaaS, Fintech, and BFSI. It helps clients identify mid-to-C-suite leaders who can deliver lasting impact, using a relationship-driven, evidence-based approach that evaluates business context, culture, team needs, and direction. Its services include executive recruitment and talent advisory for growth-stage and high-growth companies seeking transformative leadership across key sectors.
