Principal Analyst - Credit Risk

Felix; New York (NY); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Stock options

Annual bonus

Health plan

Dental plan

Vision plan

Unlimited PTO

Parental leave

Growth opportunities

Job summary

Félix in New York is seeking a Principal Analyst for Loss Mitigation & Forecasting to guard capital, forecast portfolio losses, and optimize recovery of non-performing loans. You will design data models, contact strategies, and predictive collections infrastructure, bridging advanced math modeling with hands-on operations to protect Félix’s balance sheet.

This IC-level role requires independence, deep experience in credit risk analytics, and the ability to present risk data to the C-suite.

Qualifications

• 5+ years of quantitative experience in Credit Risk Analytics with focus on Loss Mitigation and Forecasting.
• Strong SQL, data pipelines, and predictive modeling in Python or R.
• Independent in building data structures and autonomous in analysis work.
• Experience with conversational channels (WhatsApp/SMS) is a plus.
• Ability to present risk data to C-suite and sponsors.

Responsibilities

• Architect and execute loss mitigation strategies to optimize collections and recoveries.
• Define automated contact strategies with WhatsApp, automated flows, and omnichannel systems.
• Build advanced collections models (propensity-to-pay) to optimize resources for recovery ROI.
• Build loss forecasting models (CECL) and establish capital resiliency measures.
• Manage credit loss budget and operational capacity reporting to the C-suite.
• Lead vendor evaluation and onboarding of third-party loss collection solutions.

Skills

Credit risk analytics

Loss mitigation

Loss forecasting

SQL

Python

R

Data pipelines

Data structures design

Executive communication

Job description

About Us

At Félix, we're building the financial ecosystem for Latin immigrants in the U.S., starting with a revolution in remittances. Our core product is an AI-powered chatbot built on WhatsApp, allowing our users to send money home as easily as sending a text message. We leverage cutting-edge technology like AI, blockchain, and stablecoins to make cross-border payments faster, more affordable, and more accessible than ever before.

We are a hyper-growth Series B company, backed by over $100 million in funding from top-tier global investors, including QED, Castle Island, Switch Ventures, HTwenty, Monashees, and General Catalyst Customer Value Fund. This isn't just about the numbers; it's a testament to the trust our investors have in our vision and our team. Additionally, Félix was selected as an "Endeavour Entrepreneur" and was a recipient of the "CrossTech Fintech Startups Award". We are a group of extremely talented and dedicated high-performers, united by our shared obsession with a single goal: empowering our customers. We are all owners of Félix, driven by a bias for action and a true experimentation spirit to get shit done with urgency and focus.

Joining Félix means you will be part of a team building a legacy, a company that will outlive us all. This is a rare opportunity to apply your skills to a deeply meaningful mission - serving a community that has been underserved for too long. We are a team that is fiercely loyal to each other, where radical transparency and constructive feedback are how we grow and push for excellence. We are bold, we care less about what others are doing, and more about creating sustainable value and a product that truly makes our users' lives better. We are building the future, today.

About the Role

As our Principal Analyst for Loss Mitigation & Forecasting, you will occupy one of the most vital strategic seats within the Consumer Lending business. You are not a regular reporter; you are the technical mastermind responsible for guarding our capital, forecasting portfolio losses, and optimizing how we recover capital from non-performing loans. Operating on the highest tier of our individual contributor (IC) track, you will design the data models, contact strategies, and predictive collections infrastructure that protect Félix’s balance sheet. This role requires an absolute expert in data autonomy who can bridge the gap between heavy math modeling and aggressive operations execution.

Responsibilities

• Loss Mitigation Strategy: Architect and execute next-generation loss mitigation strategies to optimize collections, and recoveries for bad loans.
• Conversational Operations Alignment: Partner directly with the Operations team to define automated contact strategies, determining ideal customer methods and friction-free touchpoints (utilizing WhatsApp, automated flows, and omnichannel systems).
• Predictive Collections Modeling: Collaborate with the Data/Analytics Engineering team to build advanced collections models (e.g., propensity-to-pay scorecards) to optimize and prioritize resources for maximum recovery ROI.
• Loss Forecasting & Resiliency: Build and own loss forecasting models(CECL methodology) establishing corporate capital resiliency measures.
• Budgeting & Capacity Planning: Formally manage and report on the organization's credit loss budget and operational capacity planning to the C-suite.
• Vendor Evaluation & Procurement: Lead the evaluation, technical vetting, onboarding, and performance tracking of third-party credit loss collection vendors and software solutions.

Requirements

• Elite Credit Risk Background: 5+years of proven quantitative experience in Credit Risk Analytics, with a definitive specialization in Loss Mitigation, Collections Strategy, and Loss Forecasting/Provisioning.
• Technical Sovereignty: Exceptional, hands-on mastery of SQL, data pipelines, and advanced analytics/predictive modeling (Python or R). You are completely independent in building your own data structures.
• Collections Innovation: Deep understanding of modern collections tech; bonus points if you have designed recovery frameworks within digital/conversational channels (WhatsApp/SMS ecosystems).
• High-Level Communication: Expert capability to present technical risk data and financial impacts smoothly to the C-suite, founders, and bank sponsors.
• Extreme Ownership & Autonomy: Proven history of steering large cross-functional initiatives independently, discovering the problems that need solving without a roadmap.
• These are the applicable requisites, although equivalent competencies in any of the above will also be considered.

What We Offer

• Base salary up to $190,000. (Flexible depending on expectations/interview performance)
• Initial stock options grant
• Annual performance bonus
• Health, dental, and vision plans
• Continuous learning opportunities
• Unlimited PTO
• Paid parental leave
• Empowering opportunities for growth in a dynamic entrepreneurial environment

Equal Opportunity Employer

At Félix, we are committed to providing equal employment opportunities to all qualified employees and applicants without regard to race, religion, nationality, sex, sexual orientation, gender identity, age, or disability. This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, training, compensation, benefits, and termination.

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