Portfolio Manager
Wave Mobile Money is a financial technology company providing affordable mobile money services across Africa. Its offerings include money transfers, deposits and withdrawals, bill payments, airtime purchases, merchant payments, collections, bulk payments, and checkout APIs.
Funding
Projects
About Wave Mobile Money Inc.
Wave Mobile Money builds and operates a mobile financial network intended to help make Africa the first cashless continent. Its consumer services enable users to deposit and withdraw money, send funds, pay bills, buy airtime, and access customer support through mobile applications and agents. Wave Business provides bulk payments, in-person merchant payments, cash collection tools, a business portal, and checkout APIs. The company serves consumers, agents, merchants, businesses, and other clients across multiple African countries.
Skills
About the Role
You will help grow Wave's Financial Services products, including 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 the lending products, you will think creatively to develop iterative credit risk frameworks that let Wave responsibly provide funding to customers.
Requirements
- 8+ years of experience in lending in a portfolio management, credit risk or commercial management position, in a financial services or fintech company
- 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 using non-traditional data sources to create credit decisioning frameworks
- Track record operating across multiple markets or regions
- Strong written and verbal communication skills
Responsibilities
- Work to maximize the growth and profitability of Wave's consumer and merchant Financial Service products across markets
- Deeply understand customer usage and behavior towards the product suite to generate insights that can be actioned into growth opportunities across the customer lifecycle
- Turn insight into action by experimenting and testing and rapidly scaling successful pilots, in partnership with product, marketing and growth teams
- Create frameworks to track and monitor key performance indicators and identify trends that impact business performance
- Optimize underwriting and line assignment approaches for the lending portfolio
- Rigorously deep dive into performance of each lending product against a full KPI scorecard, driving root cause analysis
- Identify relevant data sources to support risk modeling in markets where traditional credit bureaus are limited
- Develop collections and recovery strategies
- Monitor and track market and macroeconomic trends
Benefits
- Subsidized health insurance for you and your dependents
- Retirement contributions
- 6 months fully paid parental leave
- Subsidized fertility assistance
- Unlimited vacation with a 20-day minimum requirement
- $10,000 annual charitable donation matching
- Equity package
