Associate - Credit Risk

We are India’s largest revenue based financing fintech. Revenue based financing is revolutionary: instead of paying fixed EMIs to banks or diluting equity to VCs, businesses can now raise capital from Klub and pay simply as a percentage of their revenues. It is: Fair: By relying exclusively on data and metrics, we take bias out of decision making. Flexible: Companies pay as a percentage of revenues. They can choose to raise as little as Rs 2 Lakhs to as much as Rs 20 crs, based on their metrics and needs. Founder friendly:No pitch decks, no personal guarantees, no equity dilution, no board seats. All of this makes Klub the most scalable capital partner - with capital support that grows with our portfolio companies. Our journey We raised $2 mn at an idea-stage in December 2019 from Sequoia Capital’s Surge program, and marquee investors like Naveen Tewari (InMobi Group), Kunal Shah (CRED), Shradha Sharma (YourStory) and many more. Post our beta launch ~12 months ago, the company has grown leaps and bounds: 270+ investments made; portfolio companies include loved brands like Bewakoof, Third Wave Coffee, The Man Company, 9stacks, Mamagoto, Eat.Fit, SMOOR Raised $20 mn in August 2021 from GMO (Japan), Alter Global (USA) and others Launched a $30 mn fund in December 2021 Role As a part of the data and risk assessment team, you will be responsible for managing the risk assessment process for investments across Klub's portfolio. This role is a part of the data & risk team and reports to the product lead of risk, out of our office in Bangalore, India. You will get to work closely with a growing portfolio of brands and build an expertise in Klub’s tech-enabled assessment infrastructure for this new age financing model. You'll get one-on-one mentoring and guidance, as well as the opportunity to be a part of a lean, early-stage team. Responsibilities: - Capture and highlight deviations from policy as well as summary of the investment case - Summarise proposals for internal approvals - Maintain turnaround time and identify ways to improve it - Build a data-first assessment process, liaising with our tech/product team to implement and tweak auto analysis rule engines and frameworks Requirements: - 1-4 years of experience as a credit assessment manager for flow-based lending or banking based lending products - Strong understanding of financial statements like balance sheets, profit and loss accounts, cash flow statements; bank statements; credit reports; sales ledgers; etc - Very good understanding of documentation and processes related to lending pre-disbursement - Bachelor’s degree in finance/accounts - Proficient in MS Excel - Bonus: CA graduates Our team We are a 90 member team based out of Bangalore. Our founders are Anurakt Jain (VC at DFJ and Vertex, corporate intrapreneur at InMobi; IIT-D, Wharton, CFA) & Ishita Verma (i-banking/investing veteran at Kotak, Unitus Capital, Snyder UAE; LSR, IIM-B). Here’s what our team has to say about working at Klub! What we’re looking for: Fire in the belly, structured thinking, intellectual curiosity, a drive to deliver, exceptional accountability and humility What you should expect Incredible professional growth: Our best performers had 3+ promotions/charter expansions in 2 yrs International exposure: Yes, you read it right. Klub’s going global and you will have a front row seat Salary: Market benchmarked compensation ESOPs: Get skin in the game, grow with the company! Generous paid time off: For days you wake up with sniffles and days when you need to unwind Healthcare benefits: Insurance coverage for self, spouse and kids Upskilling: Learning budgets and learning programs Fun: Our team likes football matches, board games, frequent team lunches, and partying hard Diversity: We do not discriminate on the basis of race, religion, gender, sexual orientation, gender etc. 3 rounds of video or in-person interviews to assess role fit, general aptitude, and cultural fitment Craftsmanship assignments or case studies (for select roles