Nelo · 13 hours ago
Credit Risk Mgr/Dir
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff, Director/Executive
$175K/yr - $225K/yr
6+ years expNelo is a leading consumer fintech and e-commerce platform in Mexico, aiming to increase the buying power of consumers in Latin America. The Credit Risk Manager/Director will maximize gross profit and portfolio resiliency by testing and adjusting credit policies.
FinanceFinancial ServicesFinTechInformation TechnologyMobile AppsMobile Payments
Responsibilities
Model a course to a portfolio that can sustain a 100% increase in losses without causing gross margin to dip below a specified range
There should be no stable segments with a >=15% (relative) difference between expected vs actual credit loss performance at time of acquisition
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
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
Must have at least one year of experience in either (1) non-prime consumer lending or (2) LATAM-based consumer lending
Advanced SQL proficiency
Ability to autonomously act to achieve improvements after becoming familiar with the product and customer base
Comfort with receiving criticism and questioning of ideas
Ability to persuade team members to accept necessary changes
Concern about losses or profit moving in the wrong direction
Strong communication skills and executive presence
Ambitious and highly driven to succeed
High standards and attention to detail
Strong work ethic and willingness to work hard
Proactive with ownership and agency
Efficient in moving fast and learning quickly
Honesty and integrity in dealing with financial matters
Preferred
Spanish language skills
Benefits
Competitive equity
100% medical, dental & vision insurance coverage for you, 50% for dependents
401(k) for US-based employees
Extended maternity and paternity leave
Unlimited PTO (though most of us take about 3-4 weeks/yr)
Relocation support
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