About Baubap
We are a fast-growing, Mexican fintech startup with the mission to become the bridge to people’s financial freedom through technology.
We are providing microloans to people in financial need through a fast and efficient process, always treating them with the respect and dignity they deserve.
Our long-term vision is to become the largest inclusion bank in LATAM by 2030.
*We require that the candidate is fluent in Spanish and currently resides in the LATAM region, as it's important be willing to work under the Mexican Central Time Zone.
Role mission
🚀 As the Team Lead of Credit Risk, your primary mission is ensuring the safety and soundness of our loan portfolio. You will be responsible for managing one of our most important business KPIs: the default rate of our portfolio. Your primary mission will be to identify and mitigate external risk factors that could negatively impact the profitability of our loan portfolio. To ensure that our loan origination policies are protected, you will establish standard procedures that follow the best industry practices. You will also make adjustments based on hard data to modify our loan policies in such a way as to improve the health of our loan portfolio.
Outcomes
Ensure that the Loss Rate of the portfolio remains healthy and becomes highly predictable
Day to day
- Loss Rate monitoring: Supervise and closely analyze loan non-payment rates and evaluate their impact on the credit portfolio. Identify trends and take corrective measures as necessary.
- Evaluate the impact of credit risks and implement preventive actions.
- Portfolio stress testing: Conduct stress tests on the credit portfolio to assess its resilience under different adverse economic scenarios. Identify vulnerability areas and recommend mitigation actions.
- Loss rate projection: Utilize models and historical data to project future default rates and anticipate their impact on the credit portfolio. Conduct sensitivity analysis and adjust risk strategies accordingly.
- Strategic and market risk analysis and monitoring: Evaluate strategic and market risks that may affect the credit portfolio, such as changes in competition, market trends, and new opportunities. Recommend actions to adapt to these changes and maximize outcomes.
- Reputational risk evaluation: Identify potential reputational risks associated with credit activities and develop strategies to mitigate them. Monitor customer perception and market trends to anticipate potential impacts on the company's reputation.
- Consumer sentiment analysis and tracking: Analyze and track consumer sentiment to understand their attitudes and behaviors related to credit. Incorporate consumer sentiment analysis into risk assessments and decision-making processes.
- Implementing effective risk mitigation strategies to minimize potential losses in the event of default and protect the company's overall credit portfolio.
Requirements
- Consumer Loan Portfolio management.
- Strong Analytical via Python or MySQL meaning you do not rely on others to get an analysis.
- Inspiring Leadership style.
Nice to have
- Python
- Understanding of Machine Learning Models
- Startup Experience
Your skills
- Clear and transparent communication. You are able to able to express your thoughts clearly, concisely and to the point. You can openly discuss any blockers you have, and constructively point out areas for improvement.
- Relentlessly resourceful at execution and problem solving. You make things happen, no matter what. You are disciplined, organized and systematically follow through on your work. Instead of getting stuck thinking "well, this doesn't work", you look for creative / innovative / outside-of-the-box solutions to fix the issue and move on.
- Sense of urgency. You operate with a constant sense of urgency (as if there was a large, hungry wolf chasing you), constantly looking for ways to move ahead and push everything around you to get to your desired outcome in the most efficient and productive way. You don’t wait around and make things happen.
- Flexibility / adaptability / resilience. You can maintain your composure and focus despite the constantly changing environment, and adequately adapt to new conditions. You can swiftly change the course of action when needed, and you don't get easily demotivated.
- Being self-driven . You require very little guidance and intervention from your leader to move ahead. You can correctly read what the situation requires, and take the necessary action accordingly. If your leader were to disappear, you can still move ahead and make relevant things happen. You act because you want to, and not because someone else is telling you that you should.
- Critical / analytical thinking. You can correctly analyse the root causes of a problem, without getting side-tracked by irrelevant, minor details. You can come to the right conclusion and propose a clear, logical plan of action. You don't stay on the surface of things.
What we can offer you
- Being part of a multinational, highly driven team of professionals
- Remote working environment
- High level of ownership and independence
- 20 vacation days / year + 75% holiday bonus
- 1 month (proportional) of Christmas bonus
- Food vouchers 3,257.10 MXN / month
- Health & Life insurance
- Paid time-off Parental Leave
- Home office set-up
- Unlimited budget for Kindle books
- 2 psychological sessions/month with Terapify
- Baubap Free Loan
