Credit Risk Specialist

2 days ago Be among the first 25 applicants

This range is provided by EXL. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Company Overview and Culture

EXL (NASDAQ: EXLS) is a global analytics and digital solutions company that partners with clients to improve business outcomes and unlock growth. Bringing together deep domain expertise with robust data, powerful analytics, cloud, and AI, we create agile, scalable solutions and execute complex operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail, among others.

Focused on creating value from data for driving faster decision-making and transforming operating models, EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect. Headquartered in New York, our team is over 40,000 strong, with more than 50 offices spanning six continents. For information, visit

For the past 20 years, EXL has worked as a strategic partner and won awards in its approach to helping its clients solve business challenges such as digital transformation, improving customer experience, streamlining business operations, taking products to market faster, improving corporate finance, building models to become compliant more quickly with new regulations, turning volumes of data into business opportunities, creating new channels for growth and better adapting to change.

The business operates within four business units:
Insurance, Health, Analytics, and Emerging businesses.

About the Role EXL’s Credit Risk Practice works with leading banks, fintech's, and financial institutions to design and implement advanced risk management strategies. We are seeking a Credit Risk Strategy Manager to drive the development, execution, and monitoring of credit strategies across the lending lifecycle and manage the client in terms of existing relationship & new business opportunities.

This role requires deep analytical expertise, strong business acumen, and the ability to translate data-driven insights into effective risk strategies that balance growth and profitability within client risk appetite. Additionally, it requires strong consultative and relationship-building skills with ability to influence senior stakeholders.

Key Responsibilities:

• Design, implement, and validate credit risk strategies across the lifecycle (acquisition, underwriting, account management, exposure management, and collections).

• Develop and enhance credit risk models and decision frameworks using advanced statistical and analytical techniques.

• Support policy design for credit, fraud, pricing, and digital pre-qualification strategies.

• Work on line assignment and credit line increase strategies, optimizing risk/return tradeoffs and supporting income capture initiatives.

• Assist in graduation and product upgrade strategies for profitable base (like engaged, low-risk customers).

• Support the design of risk appetite frameworks, concentration limits, and program guardrails.

• Monitor regulatory and governance requirements, ensuring all strategies adhere to compliance and audit standards.

• Drive innovation by leveraging new data sources, advanced analytics, and automation to strengthen credit risk capabilities.

• Provide insights and recommendations to senior leadership on portfolio performance, emerging risks, and forward-looking strategies.

• Build and nurture long‑term client relationships by understanding business needs and positioning EXL’s credit risk solutions effectively.

• Identify opportunities to expand engagements through cross‑sell/up‑sell of analytics, modeling, and risk consulting services.

• Partner with business development teams to support proposal creation, client pitches, and delivery of value‑driven outcomes.

• Bachelor’s degree in Business, Finance, Statistics, Mathematics, Engineering, or related field;
Master’s preferred.

• 7+ years of experience in credit risk strategy, credit analytics, or risk management within consulting, banking, or…