Job Description

Credit Risk Strategy - AVP

About Us:

EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework- , which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance.

EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has more than 24,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa.

EXL Analytics provides data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, EXL Analytics takes an industry-specific approach to transform our clients' decision making and embed analytics more deeply into their business processes.

Our global footprint of nearly 2,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization. EXL Analytics serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.

Please visit www.exlservice.com for more information about EXL Analytics.

Role Details: The role is expected to use analytical tools to identify opportunities to grow overall assets as well as manage risk. It involves managing risk management framework across customer lifecycle - acquisition, portfolio management and collections, across retail lending products.

Responsibilities :

- Design, analyze, monitor credit risk strategies for different loan products such as personal loans, auto loans, etc.

- Identify the opportunity areas for portfolio growth and pro-actively communicate with stakeholders

- Collaborate across other risk functions (example - technology, product, etc.) to implement the analytical decisions

- Understand existing underwriting rules, strategies and replicate them in business rules using SAS/SQL

- Design and analyze income, employment, fraud verification strategies

- Develop, maintain and improve risk policies, strategies, processes and procedures within the assigned function

- Utilize application, bank and bureau information to derive business insights

- KPI generation, tracking of risk and delinquency metrics for portfolios using SQL/Tableau

- Revamp pricing strategy changes and launch A/B test to monitor impact and performance of the change

- Set up the process to run eligibility conditions for marketing campaigns such as cross - sell, etc.

Requirements :

- Knowledge of and certifications in programming, SAS/SQL/Python

- Knowledge of best practices in coding, data manipulation and creating re-usable artifacts

- Knowledge of Banking / Financial Services Industry with preference in lending space (Personal Loans, Credit Cards, Auto loans etc.)

- Ability to create recommendations and insights from data for developing risk strategy

- Experience with creating and utilizing credit risk datamarts using internal and third party data (Experian, FICO, etc.)

- Ability to design the right KPIs for measuring strategy success

- Understanding of various elements of risk strategy, such as eligibility, verification, fraud and decline criteria

- Ability to communicate and present the results to business stakeholders

- Good knowledge of designing, implementing, and measuring statistically valid experiments (mainly A/B tests)