What are the responsibilities and job description for the ALM & Capital Solutions Specialist position at nubank?
About Nubank
Nubank was founded in 2013 to free people from a bureaucratic, slow, and inefficient financial system. Since then, the company has been redefining people's relationships with money across Latin America through innovative technology and outstanding customer service. With operations in Brazil, Mexico, and Colombia, Nubank is one of the world’s largest digital banking platforms and technology-leading companies.
Today, Nubank is a global company with offices in São Paulo (Brazil), Mexico City (Mexico), Bogotá (Colombia), Durham (United States), and Berlin (Germany). It was founded in 2013 in Sao Paulo by Colombian David Vélez, and cofounded by Brazilian Cristina Junqueira and American Edward Wible. For more information, visit www.nubank.com.br .
About the role
- Protect Nubank's capital, ensuring that it is put to the best possible use
- Assess and seek the appropriate level of capital to support Nubank's long-term objectives
- Influencing legislation and regulations together with the Public Policy Team when we believe Nubank can contribute
- Anticipate potential adverse scenarios that could affect Nubank's capital position and plan ahead for the optimal response
- Efficiently comply with the regulation and the reports required by the regulator
Key Responsibilities:
- Develop robust financial models to forecast capital needs, taking into account different scenarios and potential risks;
- Formulation of capital strategies that align with business goals and risk appetite. Evaluate different scenarios and propose optimal capital allocation plans;
- Understand and evaluate impacts of new capital regulation (Basel, Operational limits, etc);
- Work closely with Financial Planning & Analysis (FP&A) and other relevant teams to gather data and validate assumptions.;
- Analyze trends and variances in capital metrics and provide actionable recommendations;
- Lead all projects (OKRs) related to capital planning;
- Support strategic planning and decision-making processes with robust financial models.
Qualification Requirements:
- Strong understanding of financial principles and regulatory capital requirements.
- Strong analytical skills are required to manage and evaluate complex data;
- High accuracy and diligence in working with numbers and preparing detailed financial documentation;
- Advanced Sheets/Excel and Powerpoint/Slides skills;
- Communicate effectively in English;
- Proven programming/coding skills: SQL, Python and/or Scala are pluses;
- Familiarity with financial modeling tools (e.g. Anaplan) is a plus.
Benefits:
- Health, dental, and life insurance
- Meal allowance
- Transportation assistance
- 30 days of paid vacation
- Chance of earning equity at Nubank
- Parking partnership - discounted parking in our office
- Free bike parking with showers available
- NuCare - Our mental health and wellness assistance program
- NuLanguage - Our language learning program
- Gympass partnership
- Extended maternity and paternity Leaves
- Child care allowance
- ‘Espaço Feijão’- Private nursing and breastfeeding spaces in our buildings
- Onsite Health Center - Medical support for every Nubanker in our office
Diversity and Inclusion at Nubank
We want to have a product for everyone, and we build strong and diverse teams that rise to the challenge. We are a team of the most creative people in technology, and we hire with equal opportunity, irrespective of gender, ethnicity, religion, sexual orientation, or background. We are a very process-light organization that values human interactions, and that is an essential part of our culture.
At Nubank, everyone has the opportunity to speak up and participate, grow, and share ideas.
