About PayJoy
PayJoy is a mission-first financial service provider dedicated to helping under-served customers in emerging markets to achieve financial stability and success. We lend through our patented technology that turns a smartphone into digital collateral, and our cutting-edge machine learning, data science, and anti-fraud AI allow us to offer the lowest cost and qualify the most customers in the industry. As of 2024 we have brought billions of dollars in credit to 12 million customers, doubling in the last two years while remaining strongly profitable and sustainable for the long term.
This role
The Capital Markets Manager will directly contribute to the shaping and implementation of the funding strategy needed to support PayJoy’s phone finance and credit products. This role will work in close collaboration with a number of other individuals across risk, financial products, product, engineering, sales and operations. Also, the Capital Markets Manager will assist in the negotiation, documentation, and implementation of international credit facilities and manage an ecosystem of lenders and facilities, including the PayJoy Asset fund, across all of PayJoy’s markets.
Responsibilities
- Support and contribute to PayJoy’s funding strategy of the existing loan book in Latam and expansion into new markets in Africa and Asia.
- Manage the ecosystem of PayJoy’s lenders, including institutional and private investors and assist with day-to-day operations and management of existing facilities.
- Assist with/ lead structuring new and managing existing capital market relationships, operations, reporting and compliance requirements for existing facilities. Evaluate changing business needs and amend facilities as needed.
- With respect to PJAF, manage aspects of PJAF operations, fund admin relationship, audit process, investor reporting and relations with minimal supervision; understand PJAF structure and be comfortable making outbound marketing calls. Collaborate internally with finance, risk and go-to-market teams on funding projections and cost of capital forecasts.
- Collaborate with risk teams to analyze portfolio performance.
- Build analytical models to evaluate product, country and capital structure decisions including cost of capital, advance rates and liquidity planning for review with senior leadership.
- Prepare marketing materials and other presentations/reports as required to run the business, including for equity raises. Support investor relations - equity and debt investor engagement, manage data rooms and periodic updates with risk teams.
Requirements
- 3+ years of capital markets/ finance experience, especially structured finance; investment banking strongly preferred.
- Knowledge of consumer lending products and fintech landscape.
- Team player who is able to collaborate across groups internally, work on a variety of projects simultaneously and across multiple geographies.
- Strong quantitative, analytical and modeling skills, understanding of financial statements and ability to build models from scratch.
- Excellent research skills, oral and written communication, and attention to detail.
- Fluent in Microsoft Office, SQL skills a plus.
- Spanish is a plus
Benefits
- Company-funded Health and Dental Insurance for employees and immediate family members
- Life insurance
- 30 days of Christmas bonus
- 20 days paid Vacation
- 50% Vacation premium
- 13% Saving funds
- $2,000 MXN monthly grocery coupons
- $2,000 USD annual Coworking Travel allowance
- $2,000 USD annual Professional Development allowance
- $500 USD annual Fitness allowance
- $500 USD Phone Finance allowance
- $250 USD Home Office equipment allowance
- $200 USD Headphone allowance
PayJoy is proud to be an Equal Employment Opportunity employer and we welcome and encourage people of all backgrounds. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
PayJoy Principles
Finance for the next billion * Ownership * Break Through Walls * Live Communication * Transparency & Directness * Focus on Scale * Work-Life Balance * Embrace Diversity * Speed * Active Listening
Top Skills
What We Do
PayJoy's mission is to deliver access to credit to the next billion people in emerging markets worldwide. Our unique mobile security technology gives customers the ability to afford their first smartphone on credit, using the phone itself as collateral, and then provides further access to credit to help weather life's unexpected financial surprises and climb the ladder of economic well-being.
Founded in 2015, today PayJoy has reached millions of customers in a dozen countries around the globe, including Mexico, Brazil, Colombia, India, Kenya, and South Africa, and is on a strong growth path with support from major industry partners to bring credit to the next billion emerging consumers.
