Indonesia - Chief Risk Officer

Details of the offer

WeLab is a leading pan-Asian fintech platform, serving more than 50 million individual users and over 700 enterprise customers, which operates one of the first licensed digital banks in Asia - WeLab Bank, as well as multiple leading online financial services businesses, including WeLend and WeLab Bank in Hong Kong, WeLab Digital (????), Taoxinji (???), Wallet Gugu (????) and Tianmian Tech (????) in Mainland China and Maucash in Indonesia. WeLab aims to bring joy to everyone's financial journey, striving to improve people's lives by reinventing financial services through our game-changing technology.

At WeLab, we always put our people first. Embarking on a career with WeLab means being part of the driving force to make financial services accessible for everyone. In our flat and agile organization, you will get all the opportunities to make real impacts and deliver change. Most importantly, while you achieve greatness, we will ensure you have an amazing experience at WeLab!

Our team is energetic and passionate who can deliver and execute, and we are looking for intellectually curious, open-minded, and smart-working individuals who are just as passionate as we are about making financial services enjoyable.

Join us to build a better financial future for everyone!

**About You**:

- You're a go-getter with mad juggling skills (or multiple hats) who can thrive in a fast-paced, agile environment
- You enjoy doing purpose-led and meaningful work
- You have a strong thirst for knowledge and are driven to find solutions that don't exist yet
- You are comfortable with ambiguity and extremely resourceful (in your past life, you could've been a detective)
- You always find a way to get things done without sacrificing the quality of your work, integrity, and values
- No task is off limits for you
- You are humble and prioritize the success of the team over your own with an eagerness to help those around you
- You don't shy away from challenges and can bounce back from setbacks

**What you'll do and what success looks like in this role**
- Develop and implement a comprehensive credit risk strategy in line with AWDA's overall business objectives.
- Establish and maintain robust credit risk policies, procedures, and guidelines to ensure compliance with regulatory requirements and industry best practices esp. in area of MSME lending.
- Develop and implement risk assessment models and tools to evaluate the creditworthiness of customers and assess the potential risks associated with lending activities.
- Lead review on credit performance of portfolio, construct credit analysis conducted and provide feedback to improve credit performance.
- Monitor and analyze key credit risk metrics and indicators to identify emerging trends, opportunities, and threats, providing timely recommendations and actions to mitigate risks.
- Manage the performance of the credit underwriting and the collections function to attain the targeted turnaround time and productivity and losses KPIs.
- Collaborate with external and internal stakeholders, including but not limited to product, finance, and compliance teams, to ensure alignment on risk management strategies and initiatives.
- Conduct regular risk assessments and stress tests to evaluate the impact of changing market conditions, economic factors, and regulatory changes on the company's credit portfolio.
- Prepare and present credit risk reports and findings to senior management and the Board of Directors, highlighting key risks, trends, and areas for improvement.
- Stay abreast of industry trends, emerging technologies, and regulatory developments related to credit risk management, incorporating relevant insights into AWDA's risk management framework.

**What is required and what we're looking for**
- University Degree holder or above in Accounting, Finance, Mathematics, Economics, Risk Management, Statistics, or a related field
- 12+ years relevant experience in credit risk management from SME or consumer banking or consumer finance with exposure to cover MSME or Productive or Secured Lending and businesses
- Solid MSME credit risk management experience and familiarity to end-to-end credit decision process tools (MSME underwriting, credit scorecard, segmentation models, decision engine, IFRS9, Basel, etc.)
- Solid understanding of the credit operations management function (underwriting and collections)
- Ability to build effective relationships and liaise effectively with key business areas and management at all levels of the organization
- Experience in fin-tech and/or digitalization projects in financial institution is a plus
- Have a strong desire to embrace and drive change with strong influencing ability
- Excellent communication skill in **Bahasa and English** is preferred

**WeLab's Awards & Recognitions**:

- 2021 CB Insights Top 250 Fintech Startups globally
- 2021 Asia Banking Finance (ABF) Retail Banking Awards: Hong Kong Virtual Bank of the Y


Nominal Salary: To be agreed

Source: Whatjobs_Ppc

Job Function:

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