Heat 1 tablespoon olive oil in a saucepan over medium heat until shimmering.
Add the finely diced small onion and sauté until softened, about 3 to 5 minutes.
Stir in the 2 minced garlic cloves, 3/4 teaspoon ground cumin, 1/4 teaspoon chili powder, 1/4 teaspoon smoked paprika, and 1/2 teaspoon dried oregano; cook until the garlic is fragrant and lightly golden, about 30 to 60 seconds.
Add the drained and rinsed can of pinto beans and 1/3 cup vegetable broth; stir to combine and season with salt and black pepper to taste, then add a dash of hot sauce.
Lower the heat, cover, and simmer gently for about 10 minutes, stirring occasionally so the flavors meld and the liquid reduces slightly.
Remove from heat and garnish with chopped fresh cilantro before serving.