Assign role based on reputation?

I’m using version 3.0.7 from wp.org (I realized there is newer version 4.0.0)

Is there any option to assign role based on reputation?

For example, option to assign account to specific role if has many negative points compared to submission made.

This way, we can ban automatically based on reputation.

Currently I failed to find if there any such option. I open to suggestion if this is not good way.