Nelo · 1 week ago
Credit Risk Director
New York, NY
Full-time
Hybrid
Mid, Senior Level
$175K/yr - $225K/yr
6+ years expNelo is a leading consumer fintech and e-commerce platform in Mexico, and they are seeking a Credit Risk Director to maximize gross profit and portfolio resiliency. The role involves designing experiments to optimize credit policies and generate significant gross profit through strategic decision-making and data analysis.
FinanceFinancial ServicesFinTechInformation TechnologyMobile AppsMobile Payments
Responsibilities
Resilient portfolio: Within one month of start date, model a course to a portfolio that can sustain a 100% increase in losses without causing gross margin to dip below a specified range
Consistent acquisition cohorts: By the end of the third month post start date, there should be no stable segments with a >=15% (relative) difference between expected vs actual credit loss performance at time of acquisition (because you’ve targeted any that appear with short-term rule adjustments)
Early momentum: 1pp gain in gross profit. During your time spent accomplishing the outcomes above, proactively identify opportunities to improve approve/decline, line assignment, pricing, or loan duration policy. Launch an experiment to test your hypotheses within three months of start date. Within four months of starting at Nelo, we should see at least one experiment generating a 1pp increase in gross profit in the treatment group
Steady state gross profit generation: Within a year of starting, generate a cumulative $1mm of gross profit that would not have existed had you not run the experiments and made the credit policy changes that you did. Within two years, this number should be $5mm cumulative
Qualification
Required
6-12 years total experience, with at least 1 year in non-prime consumer lending or LATAM-based lending
Advanced SQL proficiency is a must
You are analytically self-sufficient and your work doesn't need a technical double-check
You possess a healthy 'paranoia' about risk, you dig deep when losses move the wrong way
You are ambitious, open to direct criticism, and capable of persuading stakeholders with data
English is required
Preferred
Spanish is a plus
Benefits
100% medical/dental/vision (50% for dependents)
Unlimited PTO
Extended parental leave
Company
Nelo
Nelo increases the buying power for consumers in LatAm. Backed by Two Sigma Ventures, Homebrew, Susa Ventures, and more.
11-50 employees
H1B Sponsorship
Nelo has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (1)
2023 (1)
2022 (1)
Funding
Current Stage
Early StageTotal Funding
$123MKey Investors
Victory Park CapitalTwo Sigma VenturesHomebrew
2022-10-19Debt Financing· $100M
2021-10-12Series A· $20M
2021-04-16Seed· $3M
Leadership Team
Kyle Miller
Co-Founder and CEO
Stephen Hebson
Co-Founder and CTO
Recent News
2025-05-06
2023-09-24
Company data provided by crunchbase