Underwriting (Credit Risk & Banking)

Mumbai, Maharashtra, India | Risk | Full-time | COVID-19 remote


About The Team:

An integral part of Drip’s finance business is to make contact with buyers (or importers) , run verifications and confirmations as required by our Risk policy, to on-board them to our system and build a long-term relationship for future business opportunity.


Position Expectations:

  • Create, review, and maintain complex credit policies that improve the underwriting process while mitigating potential risks
  • Innovate on the existing framework to allow for high, continued scalability.
  • Maintain strong working knowledge of the company's policies and procedures and identify exceptions to policy with potential resolutions.
  • Responsible for the entire lifecycle of underwriting factoring transactions from pre-clearing, due diligence, approval, and funding, to post-close monitoring, including:
    • Identify, collect, and complete an in-depth analysis of all documents necessary in transaction requests.
    • Verify and evaluate prospect's legal structure, financial statements, collateral, accounts receivables aging, permits, lien waivers, or other credit data.
    • Rate the degree of risk involved, make a credit decision and develop the optimal factoring package for each transaction.
    • Manage signing and funding of the transaction agreement with all parties, and any necessary post-close line items, including acting on behalf of the servicing and collections team as needed.
  • Build and monitor credit transaction KPIs on a regular basis to ensure portfolio performance.
  • Analyze portfolio to continuously monitor concentration risks.
  • Contribute to regular discussions with internal teams to create a strong collaborative environment and align proper expectations and usage of credit.



- Experience: 6-8 Years of experience in underwriting/ credit risk underwriting in Banks or Financial institutions

- Education: MBA in Finance/ or equivalent Post Graduation degree, CA

- Core Competencies: Strong communication and stakeholder management, Deep Dive and strong execution skills.