Senior Credit Analyst & Loan Officer (CDMX) - Group Lending

at  Grupago

OVERVIEW

We are an early-stage, venture-backed fintech that focuses on bringing affordable credit and financial services to small business owners across LatAm - starting with Mexico.

Grupago is able to serve micro-SMBs as a result of three key innovations – AI-driven underwriting, group collateral, and community distribution:

• AI-driven underwriting: Grupago harnesses the power of AI including non-traditional data sources to underwrite small loans. Over time, they systematically expand credit limits as customers demonstrate successful repayment histories.
• Group collateral: Borrowers join together as part of lending groups and co-sign for each other’s loans. When a payment is missed, other members are responsible for repayment. This approach allows Grupago to profitably collateralize an otherwise uncollateralized customer segment, as well as build much more robust underwriting data than individual loans.
• Community distribution: Grupago acquires community leaders online, who then build lending groups in their local communities. This allows the company to reach rural and otherwise hard to reach customers via its unique and cost effective online-to-offline acquisition approach.

We are backed by top venture investors across the US and Mexico, and our co-founding team has spent their careers working in fintech and entrepreneurship.
This role will include a competitive salary, bonus, and equity compensation.

EXPERIENCE

We are looking for a credit analyst experienced in micro-credit, group lending, leading fintechs, or a combination of these.

Our ideal candidate has:

• A stellar track record across least 5 years of credit analysis experience
• Deep expertise in financial analysis and modeling
• Experience in fraud management and interviewing / approving customers for loan approval
• Ideally have work experience within micro-business credit or consumer households at the bottom of the pyramid
• Fluent in business English & Spanish
• Previous work experience at a startup or other fast moving, highly entrepreneurial work environment

We are looking for a hard-working and highly entrepreneurial and experienced Senior Credit Analyst & Loan Officer to join our team and work with the co-founders to oversee and optimize credit performance of our portfolio.
You will have primary ownership over managing our credit policies to allow us to achieve low loss rates and unit profitability.
You will have immense responsibilities and ownership across a small and highly capable team.

Your main responsibilities are to:

• Review and help approve group loan applicants – including interviewing candidates and conducting fraud and credit review directly.
• Continually refine and adjust our credit policies and improve our fraud controls
• Design and execute initiatives to improve collections
• Conduct financial analysis and reporting across loan cohorts, track KPIs, and conduct other financial analysis to support the business
• Work closely with the CEO and MX country manager to apply modeling to other aspects of our business – especially acquisition and unit profitability