VP - Risk & Policy

About Merito

Despite the wave of D2C brands in India, most of them are flying blind.

They don't know if their unit economics are healthy. They don't know how they compare to competitors. They don't know if they're creditworthy - and neither do their investors.

Merito is building the financial operating system for India's D2C seller economy. The layer of intelligence that sits between a brand and every financial decision it makes.

800+ brands (with over Rs. 6,000 Cr in sales) use Merito today. 90%+ organically. We did this with just 8 people.

Apart from having marquee angels, we've just closed a Rs. 35 Cr round - with an additional future commitment of Rs. 100 Cr.

Go to clickmerito.com to learn more.

Are you right for this role?

Must-Have Attributes

• At least 6 years experience in the risk or policy function for - SME/business banking, Business loans, supply chain finance or mid-corporates at a bank or an NBFC
• Has designed a credit policy or scorecard/BRE from scratch
• Has worked hands on with a tech or data team
• Strong understanding of financial statements but has also worked with GST and banking data
• Based in/willing to relocate to Mumbai

Good-to-Have Attributes

• Part of the policy or product team at a bank that's evaluated a lending partnership with a fintech (non-retail lending)
• Has hands on experience building scorecards or rule engines using alternate data
• Can display high AI adoption
• Has managed risk for a business loan/supply chain portfolio greater than 1,000 Cr with less than 2% DPD

Overview of the Job

This role owns Meritos entire risk and credit policy function. You will:

• Design, build, and continuously refine Meritos credit rule engine incorporating financial data, GST, bank statement analysis, and alternative data signals from digital partners
• Own credit policy end-to-end eligibility criteria, exposure limits, pricing logic, and exception frameworks
• Work closely with the data and engineering teams to embed risk logic into the platform and automate underwriting decisions at scale
• Develop and manage partnerships with digital data providers payment platforms, marketplaces, and ecommerce enablers to continuously expand Meritos alternative data advantage
• Monitor portfolio performance in real time and proactively refine risk models to maintain a healthy, low-default book
• Ensure all credit products and processes are compliant with RBI guidelines and relevant regulatory frameworks

We are an ambitious and fast-moving startup with a hungry young team. The successful candidate will exhibit the same drive and cultural alignment.