Senior Manager, Risk

Location: Mumbai,Maharashtra,India

About Drip Capital 

Drip Capital is a high-growth FinTech focused on the $5T global SME cross-border trade industry. We offer multiple, innovative trade financing products targeted towards SMEs in developing markets, providing rapidly growing SMEs quick and easy access to finance. With a focus on technology, our vision is to eliminate the hassle of paperwork and bureaucracy and create a seamless borrowing experience for its customers.

Our team comprises talent from top-tier institutions including Wharton, Stanford, and IITs with years of experience at companies like Google, Amazon, Standard Chartered, Blackrock, and Yahoo. We are backed by leading Silicon Valley investors - Sequoia, Wing, Accel, and Y Combinator. We are a global company headquartered in Silicon Valley along with offices in India and Mexico.

Credit Risk Team:

Risk Team at Drip Capital sits at the core of our business operations, shaping and executing the company's risk strategy. We collaborate with various departments, including business growth, the CEO’s office, risk operations, product, and technology teams. Our mission is to foster sustainable business growth through data-driven risk policies, portfolio management, and risk analytics. Leveraging advanced AI and Machine Learning, we aim to build forward-looking models for efficient decision-making. 

Your Role:

As a Senior Manager, Risk you will work on high-priority projects that mitigate risk and optimize Drip’s portfolio across diverse products and markets. You’ll collaborate closely with teams to enhance risk underwriting models, manage the portfolio, and ensure alignment with the company’s risk appetite.

Key Responsibilities:

• Develop and implement risk policies that drive business growth while mitigating portfolio risk.

• Manage portfolio risk to ensure losses remain within the firm’s risk tolerance.

• Manage a team of 3 to 4 analysts. 

• Collaborate with business development, product, operations, and risk servicing teams to create scalable global risk strategies.

• Conduct root cause analyses to identify policy gaps and ensure compliance.

• Lead product-first and data-driven decision-making across teams.

• Deliver regular risk updates to senior management and stakeholders.

• Redesign and implement risk policies to strengthen risk checks, incorporating financial ratios and monitoring mechanisms.

• Define and execute invoice approval policies that align with our credit risk strategy.

Our Checklist:

• 8-10+ years of experience in Tier 1/2 financial services, consulting, or FinTech (early/growth-stage FinTech experience preferred).

• Graduate from a Tier 1/2 institution with a degree in engineering, statistics, or an MBA (preferred).

• Advanced certifications in finance such as CA, CFA, FRM, or equivalents are a plus.

• Proficiency in SQL and Python is essential.

• Strong analytical skills, with the ability to synthesize data and derive actionable insights.

• Excellent communication and collaboration skills, with experience working in cross-functional teams.