VP Credit Risk and Underwriting

About Zeta

Zeta is aNext-Gen Banking Techcompany that empowers banks and fintechs to launch banking products for the future. It was founded by Bhavin Turakhiaand Ramki Gaddipati in 2015.Our flagship processing platform - Zeta Tachyon - is the industry’s first modern, cloud-native, and fully API-enabled stack that brings together issuance, processing, lending, core banking, fraud & risk, and many more capabilities as a single-vendor stack. 15M+ cards have been issued on our platform globally.Zeta is actively working with the largest Banks and Fintechs in multiple global markets transforming customer experience for multi-million card portfolios.Zeta has over1700+employees - with over70%roles in R&D - across locations in theUS,EMEA, andAsia. We raised$280 millionat a$1.5 billionvaluation from Softbank, Mastercard, and other investors in 2021.

Learn more @www.zeta.tech,careers.zeta.tech,Linkedin,Twitter

About the Role

We are looking for a VP Credit Risk and Underwriting with a deep understanding and hands on experience in managing credit risk (including underwriting, model development, line management, portfolio management, forecasting, collections) for large credit card portfolios. This role will report directly into our CEO, Bhavin Turakhia, and be responsible for a team of Analysts and Data Scientists that help our clients optimize RoE for multiple credit card programs across subprime and nearprime segments, leveraging best in class technology and practices.

Responsibilities

• The ideal candidate has hands-on experience across various dimensions of Credit Risk for large Credit Card Portfolios including -
• Underwriting - Deep understanding and hands on experience of the steps required in building, monitoring and updating sophisticated LR, XGBoost based credit risk and underwriting models leveraging bureau data, alternative data and portfolio data
• Credit Policy Definition - Experience in creating underwriting knockout rules, drafting credit policies, configuring adverse actions
• Product definition - Defining commercial terms of Products to optimize RoE and adoption
• Portfolio Management - Experience in monitoring and growing the performance and size of credit card portfolios, minimizing delinquencies and maximizing income
• Collections - Experience in defining sophisticated contact and collections strategies that are both compliant and efficient, leveraging best in breed tools
• Financial Modeling - Deep understanding and first hand experience in building sophisticated, multi-year, Credit Card Financial models (Income Statement and Balance Sheet), with granular assumptions of the relevant vintage curves
• Indepth Systems knowledge - Indepth knowledge of vendors and capabilities across all relevant systems including - Application Processing, Loan Origination, Strategy Engines, Collections, Analytics etc

Skills and Attributes required

• Deeply Analytical and Data Driven
• Engineering Mindset - Ability to operate from first principles, heavily leverages tools and technologies, high tech aptitude
• Indepth knowledge and understanding of Risk and Regulations
• Expertise in Data Science and Machine Learning
• Hands-on, Roll up your sleeves and get into the details attitude
• Operational Rigor
• Leadership skills - Ability to identify, attract, inspire, train and retain the best talent and operate with a lean and efficient team

Experience and Qualifications

• Demonstrable experience (preferably 12+ years) across heading one or more of Credit Risk and Underwriting, Portfolio Management and Collections for large-sized credit card portfolio
• Degrees in Engineering / Economics / Finance / Statistics desirable

Equal Opportunity

• Zeta is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all backgrounds, cultures, and communities to apply and believe that a diverse workforce is key to our success