Job Details

• Experience Required: 6+ years
• Minimum Qualification: Chartered Accountant
• Job Location: Jaipur
• Employment Type: Full Time – Onsite

About 121 Finance

We are the largest new age NBFC-Factor in the country, certified by RBI in 2022, based out of Jaipur and providing customized Working Capital solutions, like Factoring, Purchase Finance etc. Our technology stack has enabled us to deliver these solutions to borrowers across India. Professionally managed, we are an equal opportunity provider and offer excellent growth prospects.

What will you bring to 121 Finance?

• Over 6 year’s experience in assessing lending risk/underwriting at NBFCs, Banks and FinTech/Consumer tech startup
• Expertise in unsecured lending products
• Proficient in Cash flow-based underwriting
• Demonstrated strong analytical capabilities in interpreting financial statements and determining creditworthiness
• Prior Experience in SCF/Factoring, Trade Finance & other structured lending will be a key advantage

Your Job Role

• Conduct detailed research on the financial histories of businesses and individuals to determine client’s creditworthiness based on financial statements, credit history, and industry analysis
• Managing & monitoring the credit portfolio to mitigate risks, minimize delinquencies, and optimize the quality of the portfolio
• Detect early signs of distress in any account by continuous monitoring, both external and internal reports/triggers
• Make credit decisions including approvals, denials, and limit recommendations, while ensuring compliance with company policies and external regulations
• Develop and enhance credit policies, to ensure alignment with industry best practices and regulatory requirements
• Stay updated on market trends and regulatory changes that may impact lending decisions
• Provide guidance and supervision to the junior credit team
• Collaborate with other departments, such as Business Development and Operations, to ensure seamless communication and alignment with business goal