Senior Credit Risk Analyst

Funding Societies | Modalku is the largest SME digital finance platform in Southeast Asia. We are licensed and operating  in Singapore, Indonesia, Thailand, Malaysia and Vietnam, and backed by Sequoia India (Peak XV), Softbank Vision Fund, Khazanah and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors, as well as payments solutions to SMEs and consumers.

Here at Funding Societies | Modalku we live by our core values GETFS:

• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.
• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.

TA key hire for our Credit Risk team, you will report to the Regional Head of Credit Risk and take ownership of how we read our loan portfolio — from vintage performance and borrower/industry concentration to early-warning trends. This goes beyond running the numbers: you'll be expected to exercise judgment on what's genuinely significant and make clear, actionable recommendations that the credit risk team and senior stakeholders can act on.

What you will do:

Portfolio Analytics

• NPL and delinquency trend analysis (such as DPD bucket flow rates and migration, vintage analysis) to track credit quality
• Recovery and write-off performance tracking, including legacy vs. current book splits
• Portfolio concentration analysis by borrower, industry, product, and country exposures
• ECL/provisioning coverage analysis and explaining what's driving month-on-month movement
• Monthly monitoring of key portfolio risk metrics against Risk Appetite Statement (RAS) thresholds, including root-cause analysis of breaches and recommendations for improvement 
• Applying trend/statistical checks to flag unusual movements early (vs. normal noise)
• Maintaining data accuracy and reconciliation across source systems and country teams
• Explaining the “why” behind portfolio movements, not just reporting the numbers

Cross-Functional Collaboration

• Responding to ad hoc data requests from country teams or finance
• Working with country credit teams to validate local data and portfolio context
• Collaborating with the data science/analytics team on scorecards or risk models
• Liaising with collections/recovery teams on NPL resolution status
• Supporting fraud-adjacent credit risk flags where cases sit at the fraud/credit boundary

Process & Governance

• Preparing monthly/quarterly credit risk packs and dashboards
• Helping maintain documentation for the credit risk monitoring framework and methodology
• Preparing materials for Board Risk Committee (BRC) and senior management reviews

What we are looking for:

• Have a Bachelor's Degree or above in Statistics/Finance/Economics/Engineering/Analytics or similar from a University
• At least 6-8 years of experience in credit risk analytics
• Familiar with local regulations and data landscape in the ASEAN region
• Strong numerical and analytical skills
• Advanced working knowledge of MS Excel, including pivot tables and building vintage/cohort analyses
• Strong knowledge of SQL and ability to work with large amounts of data; working knowledge of Python is an advantage
• Comfortable using AI-assisted tools to support analysis, reporting, and productivity
• Strong communication and interpersonal skills
• Comfortable working in a fast-paced, evolving environment, navigating ambiguity and shifting priorities

Other Benefits:

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their backs for their loved ones too.
• Mental health and wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we organize org-wide fitness initiatives and engage partners to provide well-being coaching.
• Tech support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity

Interested to know more about us? Learn about our Stories here.