Funding Societies | Modalku is the largest SME digital financing platform in Southeast Asia, expanding into a leading SME neobank. We are licensed and registered in Singapore, Indonesia, Thailand, Malaysia, and operating in Vietnam, and backed by Sequoia India, Softbank Vision Fund and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors.

And here at Funding Societies | Modalku we live by our core values GETFS:

• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.
• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.

As a VP Credit, you will be responsible for:

• Day-to-day management of Credit and Collections activities
• Manage our credit portfolio in line with our risk appetite & risk limits
• Day-to-day team management responsibilities (hiring, training, performance management)
• Working cross-functionally to facilitate and improve Credit & Collections processes
• Ensure our Credit & Collections processes comply with internal and external policies and regulations

What you will be doing:

• Lead execution of end-to-end credit and collections processes (e.g. review of loan applications, on-going monitoring / review of borrowers, delinquency & default management, site visits, etc.)
• Lead team management responsibilities for Credit and Collections teams (including hiring, training, performance management)
• Lead the design, review and implementation of processes in line with credit & collection policies & procedures (working closely with Sales, Operations, Legal / Compliance and Finance teams)
• Prepare regular updates on the overall portfolio and improvement plans to the respective risk committees
• Work closely with our Product & Data team to develop and refine scoring systems to enable us to make better, faster and fairer credit & collections decisions
• Liaise with regulators for compliance / regulatory and industry development purposes (thought leadership)
• Lead necessary credit review and control measures, such as site visit and KYC (may require traveling as appropriate), notified payments, and control accounts.

What we are looking for:

• Bachelor’s or higher degree in Accounting, Finance, or Economics
• Minimum 8 years experience in Thai SME credit underwriting & collections
• Experience in leading credit and collections teams
• Experience with credit scorecards & policies in both unsecured lending products (good to have: secured lending products)
• Good commercial judgment to strike a balance between risk and return
• An analytical mindset with a practical approach to problem solving
• A confident and enthusiastic attitude that works well in a dynamic and fast paced environment
• Worked in fintech or digital / alternative lending will be an added advantage
• Knowledge in using SAS, SQL, MS Office, Rule engine, preferred

What it is in for you:

• Fast-paced, exciting workplace with a deep commitment to our mission
• Being part of a high growth and well-funded startup, with room to scale exponentially
• Learning opportunities via exposure to working with our regional teams in Singapore, Malaysia, Indonesia & Vietnam
• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible Working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical Benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their back for their loved ones too.
• Mental Health and Wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we have Wellness Wednesdays and we engage partners to provide well-being coaching. And we have our Great FSMK Workout sessions too to keep everyone healthy and fit!
• Learning & Development: We believe learning should never end and we support everyone with self-learning L&D allowances.
• Tech Support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity