Job Description

About AquaExchange:

Started in 2020, AquaExchange\'s serves the $250 bn global aquaculture industry by designing and deploying advanced IoT/ML-powered farm management systems and diagnostic tools. Its technology helps aquaculture farmers improve productivity, profitability, and provides farmers with valuable actionable insights. AquaExchange is on a mission to democratize access to working capital financing for the highly underserved shrimp & fish farmers in India by ushering in Aquaculture4.0. With customers in over 5 countries, the Series-A funded startup is fast expanding to deploy its systems across the world to achieve its vision of sustainable aquaculture.

With about 15% of India\'s shrimp farms automated and under active monitoring, the startup has been offering full-stack services, such as a) Hardware-as-a-Service - an unique hardware subscription model for farm automation for power management, automatic feeding and 24x7 farm monitoring; b) Fintech enabled inputs platform - that offers high quality inputs at best prices directly from manufacturers; and c) Harvest-as-a-Service - a market linkage platform that facilitates harvests at the farm-gate with transparent pricing and assured spot payments thus disintermediating commission agents and eliminating credit risk for farmers.

AquaExchange in News:

1. https://www.business-standard.com/article/companies/aquaexchange-raises-3-mn-from-endiya-partners-accion-venture-lab

2. https://www.thehindubusinessline.com/companies/aquaexchange-raises-6-m-in-series-a/article67755552.ece

Job Title: Vice President - Farmer Credit

Location: Vijayawada

AquaExchange is looking for a results-oriented and highly experienced Fintech Leader to join the leadership team as the startup positions itself for the rapid scale-up of its crop financing vertical in India. The VP - Farmer Credit will play a key role in helping the company create a credit strategy that aligns with our growth plans and ensuring that we have the financial resources and credit partnerships we need to succeed.

Responsibilities:

- Leading Credit & Risk operations; responsible for formulating & managing credit policies, fraud checks, portfolio monitoring & performance along with the risk mitigation of loan portfolio.

- Hands on with the fundamentals of finance, financial planning, annual planning, budgeting, forecasting.

- Provide the leadership team with insights to better manage the credit business, periodically evaluate capital deployed, and improve decision-making.

- Develop relationships with key public and private stakeholders such as banks, NBFCs, FinTech, etc. and create a network of reliable business partners in the financial ecosystem.

Skills / Experience:

- 8-12 years of experience in Credit Risk / Underwriting at a Fintech or NBFC, with a focus on rural / MSME / unsecured lending. A strong understanding of rural supply chains and macroeconomics.

- CA/MBA/CFA/Bachelor\'s Degree in a relevant field along with certifications in Credit Risk, or Financial Planning & Analysis desired.

- Awareness of the regulatory aspects related to consumer and commercial credit, and ability to deal with the regulators and concerned stakeholders.

- Must have complete understanding of the KPIs, MIS templates and Fintech reporting requirements.

- Demonstrated ability / track record of managing relationships with BFSIs and resource mobilization.

- Comfortable in a fast-paced, startup environment.

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