About Nubank
Nubank was founded in 2013 to free people from a bureaucratic, slow and inefficient financial system. Since then, through innovative technology and outstanding customer service, the company has been redefining people's relationships with money across Latin America. With operations in Brazil, Mexico, and Colombia, Nubank is today one of the largest digital banking platforms and technology-leading companies in the world.
Today, Nubank is a global company, with offices in São Paulo (Brazil), Mexico City (Mexico), Buenos Aires (Argentina), Bogotá (Colombia), Durham (United States), and Berlin (Germany). It was founded in 2013 in Sao Paulo, by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible. For more information, visit www.nubank.com.br.
About the team
The Credit Risk Squad is part of the 2nd line of Defense, responsible for managing and overseeing the credit risk function of our organization by providing independent oversight and challenge to the first line of defense. As a second line Credit Risk team, we are responsible for monitoring credit risk exposure, conducting credit risk assessment and providing guidance and support to the credit areas which execute credit decisions and manage credit risk on a day-to-day basis.
About the role
- Challenge business models to find enhancement opportunities
- Understand financial metrics related to profitability/earnings and costs
- Understand/participate in budget forecasting process
- Develop forecasting models
- Knowledge and experience in local and international regulations regarding provisions and credit risk management
- Propose and monitor KPIs in order to explain changes in credit risk portfolio
- Review and monitor credit risk appetite
- Experience in presentations to senior management to consolidate risk messages updates
Basic qualifications
- Analytical, problem solving and passionate to manipulate data in order to learn from it
- Bachelor’s degree in Engineering, Economics, Math, Statistics, Physics or related fields
- Good coding skills (SQL, Python, Scala or other similar programming languages)
- Knowledge in Expected Credit Loss models/PD/EAD/LGD, financial forecasting and International Standards (such as IFRS9, Basel II, Basel III)
- Adaptability to dynamic way of working/short term deliverables
Preferred qualifications
- Advanced or Fluent English
- Good communication skills (having the habit of presenting projects to Sr Stakeholders will be considered an advantage)
- Great toolbox of modeling or Machine Learning technics,
- Knowledge of Credit Risk Models/Policies (Valuation/Risk-Returns), KPIs, ERM Requirements
Benefits
- Health, dental and life insurances
- Meal allowance
- Transportation assistance
- 30 days of paid vacation
- Chance of earning equity at Nubank
- Parking partnership - discounted parking in our office
- Free bike parking with showers available
- NuCare - Our mental health and wellness assistance program
- NuLanguage - Our language learning program
- Gympass partnership
- Extended maternity and paternity Leaves
- Child care allowance
- ‘Espaço Feijão’- Private nursing and breastfeeding spaces in our buildings
- Onsite Health Center - Medical support for every Nubanker in our office
Diversity & Inclusion
At Nubank, we want to be sure that we're building a more diverse and inclusive workplace that reflects the customers we serve and seek to empower. That's why we hire based on equality. We consider gender, ethnicity, race, religion, sexual orientation, and other identity markers as enriching elements to our company while ensuring neither of them represent a barrier when recruiting fantastic talent.
