Who we are :

Money. A subject that’s always on our mind. We go through a rollercoaster of emotions when it comes to money. That’s why at Jupiter, our mission is to enable people to improve their relationship with money.

We are a financial services platform that leverages technology to offer our customers seamless and user-friendly products related to banking, loans, and investments. So whether it’s a savings account, credit cards, investment and payments, it's all on Jupiter. We also help users cut through the banking jargons, offer smart insights based on spending and provide users with a range of new age features to enable and make sense of their finances.

Our journey so far:

Jupiter was founded in 2019 by Jitendra Gupta. Best known as Citrus Pay’s founder, Jiten found himself wondering why personal finance experiences were not customer-centric when everything else like food ordering and entertainment were. That’s how our journey began in 2019, with a simple, powerful idea : to create a modern, customer-centric experience that empowers individuals when it comes to their money.

From our humble beginnings, we've strived relentlessly to make managing money easier. In 2021 when we launched we had a waitlist with over 100,000 people eager to experience the world of Jupiter - and within 10 months we crossed 1 million users. Today, we have 2.8 million + happy users on Jupiter.

Our Insights feature today tells how much and where you’ve been spending automatically, even on your other savings accounts! Our Edge CSB Bank RuPay credit card is getting a lot of love for it’s head-turning transparent design, not to mention it being a rewarding experience. Our No-Penalty SIP and Daily SIP at Rs 10/- has helped scale our investments business and we have over 100,000 users investing on our platform to fulfill their money aspirations.

We've embraced cutting-edge technology, harnessed the power of data analytics, and assembled a diverse team of creative thinkers and industry experts who share our vision for a more accessible, transparent, and inclusive financial ecosystem. We’re now looking for like-minded folks to join the crew.

Role Overview:

The Head of Risk at Jupiter Money will be responsible for designing and executing a holistic risk strategy across multiple product lines, including Credit Cards, Personal Loans, P2P Lending, Prepaid Payment Instruments (PPI), Investments, and Savings. This role is not just about risk mitigation—it’s about leveraging risk insights to drive product innovation, optimize portfolio returns, and ensure a scalable and sustainable credit business.

The ideal candidate is an industry thought leader with deep expertise in credit risk, fraud prevention, regulatory compliance, and data-driven decision-making. They will work at the intersection of finance, technology, and data science, ensuring that risk frameworks evolve with market dynamics and regulatory landscapes.

Key Responsibilities:

Vision & Strategy:

Developing and executing a next-gen risk strategy that enables sustainable, profitable growth across Credit Cards, Personal Loans, PPI, Investments, and Savings.
Have innovative and data oriented mindset to create difference in business outcomes through new age risk strategies .
Credit Cards and Lending will be at the core of Jupiter’s revenue engine, making risk function at centre of Jupiter’s ability to scale sustainably. The Head of Risk will be responsible for building robust risk frameworks for high-impact lending verticals, including Credit Cards, Personal Loans, P2P Lending.

Innovation & Data-Driven Decision Making:

Drive AI/ML-powered risk management frameworks, leveraging alternative data sources, behavioral analytics, and real-time risk assessment models.
Partner with Product & Data Science teams to create customized risk models, dynamic underwriting frameworks, and risk-driven pricing strategies.
Ensure the implementation of real-time fraud prevention mechanisms that evolve with emerging threats and digital payment trends.

Cross-Functional Leadership & Influence:

Collaborate closely with Product, Growth, Credit, Collections, Compliance, and Engineering teams to build a risk-first culture while ensuring frictionless customer experiences.
Provide strategic insights to leadership and investors on portfolio health, risk-adjusted returns, and regulatory landscape shifts.
Champion risk as a growth enabler, ensuring that risk management strategies directly contribute to product expansion and user acquisition.

Regulatory Strategy & Compliance:

Ensure adherence to RBI guidelines while balancing compliance with product innovation.
Proactively engage with regulatory bodies and industry forums to stay ahead of compliance trends and shape fintech-friendly policies.
Develop and maintain risk governance frameworks that align with global best practices in fintech risk management.

Portfolio & Risk Performance Optimization:

Continuously monitor portfolio performance, delinquency trends, and customer segmentation to optimize risk-adjusted returns.
Define limit management strategies that align with Jupiter’s evolving credit and lending product suite.
Design collections and recovery strategies that minimize NPAs while preserving customer relationships.

People Management & Leadership:

Build and mentor a high-performing risk management team, fostering a culture of innovation, analytical thinking, and proactive risk management.
Drive capability building within the team by implementing structured training programs, fostering a data-driven mindset, and encouraging collaboration across departments.
Establish a leadership pipeline within the risk function to ensure the long-term sustainability of Jupiter’s risk strategies.
Inspire and empower team members to challenge conventional risk methodologies and explore next-gen approaches to risk management.

Qualifications & Experience:

15+ years of experience in credit risk management within a fintech, bank, or NBFC, with a proven track record in Credit Cards & Lending. Credit Card risk management is preferred.
Expertise in credit risk strategy, fraud risk, limit assessment, portfolio risk management, and regulatory compliance.
Strong analytical skills with hands-on experience in AI/ML-driven risk modeling, scorecard development, and risk analytics.
Familiarity with alternative data sources, digital lending platforms, and real-time fraud detection methodologies.
Experience in risk-driven product innovation, enabling sustainable growth while minimizing portfolio risk.
Strong leadership, stakeholder management, and problem-solving skills with a proven ability to influence cross-functional teams.

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