Head of Credit Risk (Fintech)

TL;DR

Head of Credit Risk (Fintech): Build a state-of-the-art independent 2nd line credit risk function from scratch with an accent on governance, regulatory transition to full banking in Colombia, and risk appetite management. Focus on establishing frameworks, conducting independent validations and challenges, designing stress testing programs, and ensuring data quality and provisioning oversight.

Colombia-focused role aligned with Superintendencia Financiera de Colombia regulations and transition to regulated banking operations.

Company

Leading Buy Now Pay Later fintech platform in Colombia serving 2M+ customers and 20K+ merchants, backed by top investors like Andreessen Horowitz and Goldman Sachs.

What you will do

• Establish comprehensive Credit Risk Management Framework approved by the Board, aligned with risk appetite and regulatory requirements.
• Develop 1st and 2nd line operating model to enable transition from unregulated to regulated credit operations.
• Define and monitor quantitative/qualitative credit risk appetite statements, reporting monthly to CRO, Risk Committee, and Board.
• Conduct independent reviews of underwriting policies, credit models, portfolio strategies, and new initiatives.
• Build model risk management framework with validation, back-testing, and performance monitoring.
• Design portfolio stress testing and scenario analysis for capital planning and provisioning.
• Provide independent oversight of credit loss provisioning under IFRS 9 and Colombian standards.
• Govern credit risk data quality, reconciliation, and reporting standards.

Requirements

• 10+ years in credit risk across full lifecycle, with 5+ years in 2nd line oversight in regulated context.
• Track record establishing/transforming credit risk governance in high-growth environments.
• Expertise in defining, monitoring, and reporting credit risk appetite statements.
• Strong understanding of Colombian financial regulations (Superfinanciera) or ability to learn quickly.
• Experience with IFRS 9 provisioning, model validation, back-testing, and stress testing.
• Fluent English communication for high-level reporting.
• Proficiency in portfolio monitoring, EWI frameworks, and collections analytics.

Culture & Benefits

• Work on impactful problems redefining shopping, payments, and banking in Colombia.
• Shape the company from the ground up with ownership and influence on strategy and culture.
• Unparalleled growth in fast-scaling fintech with massive market potential.
• Collaborate with world-class team emphasizing excellence, ownership, and collaboration.
• Competitive compensation, equity, and benefits supporting growth.

Hiring process

• People Interview (30 min) with recruiter.
• Initial Interview (45 min) with hiring manager on skills and approach.
• Deep Dive Interviews (30-60 min) with colleagues.
• Case Study (3-5 days) on real-world challenge.
• Co-Founder Interview for final alignment.