Green Visor Capital

Management Company, LLC

Risk Strategy - Collections at Simpl
Bangalore, IN / Karnataka, IN

Simpl (Fintech of the year - 2020) is a platform that empowers retailers to grow, building long term trusted relationships with their customers, one transaction at a time. For consumers, Simpl offers frictionless access to e-commerce, trust, safety, and effortless budgeting, in 1-click. 

Under the hood, we are building the payments infrastructure (identity, trust score and security) ground up for a world that is mobile first, where consumers frequently buy on the go & love convenience. 

Everyone at Simpl is an internal entrepreneur who is given a lot of bandwidth and resources to create the next breakthrough, towards a new world of Networked Commerce where commerce is easy, safe, affordable without fine prints - just Simpl! 

Simpl was founded in 2015 by Nityanand Sharma and Chaitra Chidanand and went live in 2016

 

HEAD: RISK STRATEGY - COLLECTIONS 

The candidate should have deep experience in building insights, problem solving and implementing best practices for collections risk and recovery processes* at large scale, to define strategy, and drive timeline, recovery and efficiency goals. (*short term micro/personal finance sectors. I.e. personal loans, credit cards, similar space) The candidate should be regarded as an expert (collections risk & recovery) with experience in planning and managing large portfolios:

 • Best practices - Implementation, design and improvement in context of business, product, market and consumer

 • Clear understanding of collection risk fundamentals that are key to scale, with track record of building-owning levers (data, models, automation) to track these fundamentals and realise efficiencies at scale

 • Defining input and output metrics, and targets for teams to enable execution rigour and measure outcomes from operations

 • Own dashboards and cadence with stakeholders to track KPIs, Metrics, key initiatives and projects

 KRA : Identify best practices and business fundamentals that are critical to run collections processes efficiently at scale, and implement them in the context of Simpl (BNPL online) 

KPIs : Cost of collections, Terminal Delinquency %, NPS (collections process)

Preferably: 

1. Experience: Min 8-10 years 

2. Current Level: GM/ AVP (leading team for 3+ years; using insights for strategy and execution)

 3. Functional designation: collections analysis / collection strategy, risk analytics* 

4. Potential Sectors & Co's: Microcredit products (personal loans, credit cards) 

(*Risk analytics for the problems this role aims to solve )