Business Analyst - Provisioning and Forecasting Modeller
Bangalore, India
Credit – Credit - Data Science /
Full-time /
Hybrid
About PayU
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers.
As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day.
We are scaling up our Risk management, Impairment and Forecasting
team to support the rapid growth and evolution of our portfolio. This role
is pivotal for the team as the successful candidate will build up our
forecasting capabilities and tools and will have significant exposure to
critical business processes such as ECL provisioning and credit loss
forecasting. Additionally the successful individual will lead the
development and integration of the next generation of analytical
dashboards, ECL decomposition and will have regular interaction with
the senior management.
You’ll play a key role by
- Development, implementation and maintenance of Stress Testing and Forecasting models.
- Participate in business critical processes such as ECL provisioning, including presenting results to senior management and Executives.
- Develop the next generation of performance tracking and analytics toolbox. These would include short horizon forecasting, root cause analysis, ECL decomposition, SICR efficiency.
- Develop and maintain economic-response models for scenario simulation and impairment
- Actively involved in our monthly provisions process, and delivering outcomes to PayU Fin senior team (including our CEO, CFO, COO and CRO).
- These activities will include preparing analysis;proposing model adjustments / calibrations; discussing emerging regulatory changes and best practices; presenting materials to the monthly impairment council.
- Review and challenge a wider range of modelling solutions across the Borrowing collective (including Ind AS 109, NPV, pricing etc.).
- Close collaboration with u/w policy team, collection strategy, finance and external audit teams.
We’d love to hear from you if
- You have a strong background in Ind AS 109 impairments and stress testing in a BFSI sector for at least 2 years (India).
- You have experience in developing, validating or monitoring Credit loss forecasting models (impairment, stress testing, forecasting).
- You have strong analytical skills and a track record of using these to deliver technical projects.
- You have a solid technical toolkit. SQL and either Python or R is a must-have, a data visualisation tool (such as Tableau, PowerBI, Looker) is a plus.
- You can convey problems and solutions using clear and simple
- language, both written and verbal. This is particularly important for communicating complex issues and priorities to non-experts.
- You're impact driven and eager to have a real positive impact on the company, our products, our users and your team-mates.
- You have a self-starter mindset; you proactively identify issues and opportunities and tackle them without being told to do so.
- You're a team player whom your colleagues can rely on.
About us
At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive. Our expertise in 18 high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more www.payu.com
Our Commitment To Building A Diverse And Inclusive Workforce
As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive and safe environment, for all of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and every PayUneer so they can succeed, irrespective of gender, color or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities.
