Credit Risk & Portfolio Analysis
Company description
Netbank is a start-up fintech led bank, focused on the under-served. Its model is to:
Partner with Fintechs, banks and non-bank lenders, who have existing client networks Allow these partners to sign-up clients, for an origination fee, booked on Netbanks balance sheet. Netbank would provide:Loans to clients, so the partners can grow without raising additional capitalDeposit accounts for clients, serviced by the partner (on a white-label basis)Technology services to the partners, allowing them more efficient processing and better client satisfactionProvide banking service through APIs.
Netbank will initially operate in the Philippines, but the business model is applicable across multiple geographies. See www.netbank.ph
Duties and Responsibilities
Develop credit risk tools (credit scoring, collections data, etc.)Review alternative providers Assess based on effectivenessManage relationshipsLoan governance and Policy developmentManage the banks' credit risk committeeDefine loan acceptance criteriaOnboardingConduct initial risk assessmentReview partner risk reviews. Assess loss rates and profitabilityPropose loan acceptance criteria for each partnerCredit risk optimization Build databases to allow statistical analysis of historical loan performance to identify criteria that predict loan loss. Maintain and update these modelsConduct loan reviews / Develop an understanding of the underlying causes of risk for each type of loanAssess lending criteria/loan acceptance criteria for individual loan programsLending process optimization Review lending processes to understand issues that take time, and slow the processReview and optimise the processRemove credit risk mitigation process steps that are not bringing valueSupport projects to develop additional products for lenders Review providers of data to reduce credit risk (CIC, alternative data sources, etc.). Create business cases for these partnersIdentify credit decision toolsLead projects to implement these tools
The position will be based in Manila, but remote working is possible. It will initially report to the CEO and Founders of the bank.
Metrics to monitor
Good credit quality of the portfolioGood relationship with partners
Required skills and qualifications
Filipino or foreign nationalBachelor's Degree, preferably in BusinessAdministration/Commerce, Business Management, Economics,Financial Management or their equivalent. Strong capabilities in maths is vital.3-5 years experience in credit risk assessment especially in consumer and SME lending - preferably within a foreign bankKnowledgeable in retail risk managementGood oral and written communication
Desired personality type
Pro-active approach to reforming credit riskAwareness of profitability. Willingness to take action to increase profitabilityDetail and process-orientated, ensuring complete execution of loan acceptance criteria and credit policiesWith strong analytical skills, especially numerical analysis.Judgement to identify the impact of analytical findingsCan work independently and proactively. Results-orientedAbility to multi-task and work under pressure.Professionalism at the highest level.Energetic and positive
Apply Now
Netbank is a start-up fintech led bank, focused on the under-served. Its model is to:
Partner with Fintechs, banks and non-bank lenders, who have existing client networks Allow these partners to sign-up clients, for an origination fee, booked on Netbanks balance sheet. Netbank would provide:Loans to clients, so the partners can grow without raising additional capitalDeposit accounts for clients, serviced by the partner (on a white-label basis)Technology services to the partners, allowing them more efficient processing and better client satisfactionProvide banking service through APIs.
Netbank will initially operate in the Philippines, but the business model is applicable across multiple geographies. See www.netbank.ph
Duties and Responsibilities
Develop credit risk tools (credit scoring, collections data, etc.)Review alternative providers Assess based on effectivenessManage relationshipsLoan governance and Policy developmentManage the banks' credit risk committeeDefine loan acceptance criteriaOnboardingConduct initial risk assessmentReview partner risk reviews. Assess loss rates and profitabilityPropose loan acceptance criteria for each partnerCredit risk optimization Build databases to allow statistical analysis of historical loan performance to identify criteria that predict loan loss. Maintain and update these modelsConduct loan reviews / Develop an understanding of the underlying causes of risk for each type of loanAssess lending criteria/loan acceptance criteria for individual loan programsLending process optimization Review lending processes to understand issues that take time, and slow the processReview and optimise the processRemove credit risk mitigation process steps that are not bringing valueSupport projects to develop additional products for lenders Review providers of data to reduce credit risk (CIC, alternative data sources, etc.). Create business cases for these partnersIdentify credit decision toolsLead projects to implement these tools
The position will be based in Manila, but remote working is possible. It will initially report to the CEO and Founders of the bank.
Metrics to monitor
Good credit quality of the portfolioGood relationship with partners
Required skills and qualifications
Filipino or foreign nationalBachelor's Degree, preferably in BusinessAdministration/Commerce, Business Management, Economics,Financial Management or their equivalent. Strong capabilities in maths is vital.3-5 years experience in credit risk assessment especially in consumer and SME lending - preferably within a foreign bankKnowledgeable in retail risk managementGood oral and written communication
Desired personality type
Pro-active approach to reforming credit riskAwareness of profitability. Willingness to take action to increase profitabilityDetail and process-orientated, ensuring complete execution of loan acceptance criteria and credit policiesWith strong analytical skills, especially numerical analysis.Judgement to identify the impact of analytical findingsCan work independently and proactively. Results-orientedAbility to multi-task and work under pressure.Professionalism at the highest level.Energetic and positive
Apply Now