Senior Specialist, Risk and Credit Analytics

About Accion

Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of — or poorly served by — the financial sector. For nearly 60 years, Accion has helped tens of millions of people through our work with more than 160 partners in 55 countries. More at http://www.accion.org.

Position Summary

The Senior Specialist, Risk and Credit Analytics supports three core areas to help drive sustainable growth for our clients: risk analysis (stability), credit analytics (insight), and growth strategies (quality). Through risk analysis we help our partners critically evaluate the risks facing an organization – both internally and externally – with an integrated risk management approach. With credit analytics, we use deep data statistical techniques to ascertain the effectiveness of product design, customer identification, underwriting, renewal, and collection policies both through traditional and digital channels. By focusing on understanding the environment and data better, we identify process improvement and product recommendations to help FSPs develop strategies to increase their efficiency, profitability and customer base. Working as part of a global, cross-functional team and guided by experienced Risk and Credit Analytics Managers, the Senior Specialists, Risk and Credit Analytics will represent Accion as an advisor to our clients and support a variety of risk and credit analytics activities and strategies for our clients. They will also support the evolution of our risk and credit analytics service offering, as well as support the development and improvement of new risk products.

The person in this position will be based in Bogota, Colombia.

Position Responsibilities

For the FSPs with whom we establish TA agreements, the Senior Specialist, Risk and Credit Analytics will provide the following support:

• Deliver training material intended to build capacity and provide support and coaching to the staff, responsible for risk management in selected partners.

• In close coordination with Risk and Analytics Managers, assisting FSPs in the development and implementation of Accion’s Portfolio Risk Management tools which are designed to help in:

• Monitoring and evaluating performance indicators of the loan portfolio and identifying trends for business growth, product acceptance, product cycle stage, and risk levels

• Monitoring and evaluating loan officer productivity levels

• Ensuring that overall business plan objectives are met and advising management on performance through timely reporting

• Producing portfolio quality analysis reports (Net flow / trend analysis, vintage analysis, early payment defaults, and was/is analysis)

• Evaluating the credit process flow to identify opportunities for improvement and recommendations for corrective strategies and tools

• Documenting the processes related with the implementation of risk analysis tools

• Supporting the implementation of Transactional Risk tools (credit scoring or parametric tools) to support the development of strategies for customer acquisition (traditional and digital), portfolio growth, account maintenance and recoveries

• Helping to identify Operational and Market related risks, generating the adequate documentation and control tools where applicable

• Collaborating in the development of policy and process guidelines for new products or commercial initiatives

As member of the Global Advisory Solutions team, the Senior Specialist, Risk and Credit Analytics will have the following functions:

• Support strategic business development efforts including participating in the creation of project proposals to clients and/or donors
• Participate with other members of the Global Advisory Solutions and Investments teams in the evaluation of potential investment and/or technical assistance partners
• Effectively represent and communicate the value of the team’s risk and credit analytics service offering, and how it can be integrated into Accion’s advisory solutions for client FSPs
• Contribute to the overall strategy and operations of Global Advisory Solutions by providing insights on trends, areas for growth and market positioning in the area of risk and credit analytics
• Build Accion’s capacity by documenting and sharing project results and disseminating useful information and tools through a variety of knowledge exchange mediums such as brown bags, team meetings/debriefs, workshops, blogging, webinars, etc.

Position Qualifications

• BS/BA in Economics, Industrial Engineering, Finance, Mathematics, Statistics, or Business. MBA preferred.

• 3 plus years of experience in Individual lending or retail operations in a regulated financial institution and/or implementing credit scores/credit models with financial institutions.

• Background in financial analysis with statistics or programming is ideal.

• Statistical and financial skills, credit risk modeling and analysis, data mining, financial knowledge.

• Knowledge of analytical tools such as Power BI/Tableau/advanced Excel

• Knowledge of portfolio risk / management within financial business. Clear understanding of portfolio risks related to vintage and delinquency trends.

• Knowledge of market and operational risks.

• Excellent cost management and project management skills.

• Knowledge of standard reports required for Credit Business Management, and experience ensuring data-integrity and timely delivery.

• Background in financial analysis with statistics or programming.

• Solid English language skills, spoken and written, required.

• Excellent relationship management with good presentation and commercial skills.

• Must be adaptable, innovative, and possess good analytical skills and sound judgment; customer-service oriented; strong interpersonal and relationship building skills.

Travel Requirements

10-20% of work requires travel to client sites.