[Hiring] Portfolio Manager @Wave

Role Description

We’re looking for an experienced portfolio manager with excellent analytical skills to help us grow our Financial Services products, inclusive of consumer and merchant lending, savings and insurance. Many of these products are new to market, and you will play a key role in evaluating performance and identifying growth opportunities. For our lending products, you will be a creative thinker developing iterative credit risk frameworks enabling Wave to responsibly provide funding to our customers.

• For our Lending Products:
  • Build out Wave’s credit risk strategy for both consumer and merchant products across our markets, deciding who to lend to and how much to lend.
  • Develop credit risk scoring models for both underwriting (who to lend to) and line assignment (how much to lend).
  • Evaluate risk performance of key features such as repayment durations, to feed into product roadmaps in collaboration with product team.
  • Identify relevant data sources to support risk modeling, in markets where traditional sources such as credit risk bureaus are often limited.
  • Develop collections and recovery strategies.
  • Monitor and track market and macroeconomic trends.
• Across all Financial Services Products:
  • Generate insights into customer behavior across Financial Services products, which can be actioned into growth opportunities.
  • Turn insight into action by experimenting and testing and rapidly scaling successful pilots, in partnership with product, marketing and growth team.
  • Create frameworks to track and monitor key performance indicators and identify trends that impact on business performance.

Qualifications

• 8+ years of experience in lending in a portfolio management, credit risk or commercial management position, in a financial services or fintech company.
• Fluent in English.
• Experience in other financial products such as savings, insurance or payments is a strong advantage.
• Excellent data analysis and interpretation skills.
• Proven ability to create, implement and monitor credit risk strategies, with experience of using non-traditional data sources to create credit decisioning frameworks.
• Track record operating across multiple markets or regions.
• Strong written and verbal communication skills.

Requirements

• Have an inquisitive mindset, using data to seek insights, and able to create hypothesis where data is not available.
• Enjoy working at pace, and are able to iterate and test quickly.
• Highly articulate, able to communicate complex ideas and insights.
• Can operate with ambiguity and adjust quickly to changing priorities and conditions.
• Strong commercial acumen, capable of identifying trade-offs.
• Passionate about creating responsible financial solutions that can enhance customers' lives.
• Proven ability to create, implement and monitor credit risk strategies.
• Strong sense of ownership and seek to achieve excellence in everything you do.

Benefits

• Subsidized health insurance for you and your dependents and retirement contributions (both vary from country to country).
• 6 months fully paid parental leave and subsidized fertility assistance.
• Unlimited vacation with a 20-day minimum requirement.
• $10,000 annual charitable donation matching.

Company Description

We have a rapidly growing in-country team in Senegal, Côte d'Ivoire, Mali, Burkina Faso, The Gambia, Uganda, Niger, Sierra Leone, and Cameroon plus remote team members spread across the world. We're deeply passionate about our mission of bringing radically affordable financial services to the people who need them most. We foster autonomy for our employees. You'll own your projects at every stage, from understanding the problem to monitoring your solution in production. We raised the largest Series A in Africa in 2021. Our world-class investors include Founders Fund, Sequoia Heritage, Stripe, Ribbit Capital, Y Combinator, and Partech Africa.