Retail Credit Risk Expert
Nubank
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Benefits offered by this job
Job summary
Nubank in Miami is seeking a Credit Risk Expert focused on US GAAP/CECL. You will be the senior technical authority, building and governing CECL models for new US portfolios and partnering with Finance, Risk, and Product to meet US standards.
You will close regulatory gaps, explain IFRS 9 vs US GAAP differences, and share expertise with the team. This is a hybrid role with strong cross-functional exposure.
Qualifications
- Bachelor's degree in Economics, Finance, Accounting, Engineering, Statistics, Math, or a related field.
- Hands-on experience building US GAAP CECL models.
- Strong knowledge of US credit risk regulatory expectations.
- Proven experience building models (not just reviewing).
- Strong communication and ability to transfer knowledge to non-specialists.
- Comfortable working with senior stakeholders and regulators.
Responsibilities
- Own the US GAAP/CECL methodology as the team’s definitive expert.
- Assess and close regulatory gaps; drive the plan to close missing items.
- Build CECL models for new US portfolios end-to-end.
- Explain main drivers for IFRS 9 vs US GAAP differences.
- Transfer knowledge across the team and mentor teammates.
- Be the face of credit risk with US leadership and regulators.
Skills
Education
Tools
Job description
Nu serves more than 140 million customers, guided by a mission to fight complexity and empower people. The company has been leading an industry transformation through innovative products and human-centered services.
Nu serves more than 140 million customers, guided by a mission to fight complexity and empower people. The company has been leading an industry transformation through innovative products and human-centered services. Proprietary technology and data at scale power Nu’s digital platform, built to promote financial access, advancement, and transparency. Its business model thrives on customer love and lower costs, feeding a flywheel of growth and profitability.
The Credit Risk Squad is part of the 2nd line of Defense, responsible for managing and overseeing the credit risk function of our organization by providing independent oversight and challenge to the first line of defense.
As a second line Credit Risk team, we are responsible for creating Expected Credit Loss (ECL) models used to calculate loss allowances, making sure the company's credit risk is managed correctly and efficiently — participating end-to-end in the model development process, including implementation, monitoring, ensuring operational quality of the data, and supporting Finance accounting teams.
Our team's models feed the financial statements of the Holding under IFRS 9, and, as Nubank expands into the United States, under US GAAP as well.
As a Credit Risk Expert focused on the US, you'll be the senior technical authority on US GAAP credit-loss and CECL (Current Expected Credit Losses) methodology within our Credit Risk team. Nubank's US expansion requires expected-credit-loss models that meet US regulatory and accounting standards.
You’ll govern local US CECL models: assessing and identifying gaps, reviewing risks, and driving an implementation plan — hands‑on where needed, working through the team rather than alone. It is also expected that you become the team's standing focal point for US‑specific credit regulation.
This is a specialist, individual‑contributor role, — but you'll be expected to share your knowledge to the rest of the team, along with senior stakeholders in Finance, Risk, and Product.
- Own the US GAAP / CECL methodology — be the team's definitive expert on how expected credit loss should be calculated and governed under US standards.
- Assess and close regulatory gaps — evaluate our current state against what's required for the local US regulation; identify what's missing in model methodology, documentation, and governance, and drive the plan to close it.
- Build models for new US portfolios — as new US products launch, build their expected‑credit‑loss models from the ground up, hands‑on, including Development, Implementation and Monitoring process.
- Close the explanatory gap between IFRS 9 and US GAAP models — advise on main drivers for differences between IFRS 9 and US GAAP results.
- Transfer knowledge across the team — ensure US GAAP/CECL expertise doesn't stay siloed with you; coach and upskill teammates who will implement and maintain these models day to day.
- Be the face of credit risk with US stakeholders — represent the team with local US leadership (CFO, CRO) and act as a primary point of contact with US regulators on credit and expected‑loss matters.
- Bachelor's degree in Economics, Finance, Accounting, Engineering, Statistics, Math, or a related quantitative field.
- Deep, hands‑on experience building expected‑credit‑loss / provisioning models under US GAAP, specifically CECL (ASC 326).
- Strong working knowledge of US credit risk regulatory expectations — what regulators, internal model risk teams, and external auditors scrutinize in ECL models.
- Proven experience actually building models (not only reviewing or auditing them).
- Strong communication skills and a demonstrated ability to transfer technical knowledge to non‑specialists and teammates, rather than keeping it centralized.
- Comfortable operating with high visibility across senior internal stakeholders (global credit leadership, first‑line credit policy teams) and external stakeholders (local US leadership, regulators).
- Exposure to IFRS 9 or other international provisioning standards, and experience with model transitions between accounting frameworks.
- Coding/technical skills sufficient to engage with model implementation (Python/SQL).
- Experience mentoring or growing into people leadership.
Miami, US
Hybrid 2-3 times/week: Our hybrid work model brings us to the office at least twice a week, on strategic days designed to maximize team connection and collaboration. For more details, visit https://building.nubank.com/nu-hybrid-work-model/
- Opportunity of earning equity at Nu
- Medical Insurance
- Dental and Vision Insurance
- Life Insurance and AD&D
- Extended maternity and paternity leaves
- Nucleo - Our learning platform of courses
- NuLanguage - Our language learning program
- NuCare - Our mental health and wellness assistance program
- 401K Saving Plans - Health Saving Account and Flexible Spending Account
- Work-from-home Allowance
- Relocation Assistance Package, if applicable.
Total compensation includes base salary, RSUs and benefits. Base salary range: US$129k - US$160k.
Our recruitment process may involve the use of artificial intelligence–enabled tools, such as automated interview transcription and analysis, to support the evaluation process. Artificial intelligence is not used to make final hiring decisions; all decisions are made by human reviewers.
To maintain a consistent and fair process for every candidate, Nu does not provide individualized technical feedback. See how our policy works here
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