Credit Risk Underwriter

  • St. Louis, MO
  • Full-time

Company Description

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.

Job Description

We are looking for a Credit Risk Underwriter to help manage charge back risk for some of the largest sellers processing on Square. You will work with our Sales team throughout the onboarding process to provide a seamless seller experience ensuring appropriate risk assessment and controls. You will have commercial credit underwriting skills, and take joy in scouring financial statements to understand a company’s business model, key risks, and mitigating factors. Additionally, they help partners navigate the risk experience. Lastly, they will take every opportunity to improve our operations and our people. 

Job Responsibilities

  • Conduct in-depth credit reviews of our mos high-risk sellers, including preparing credit memorandums for approval by senior management
  • Lead due diligence calls with prospective and existing sellers to ensure that key risks are fully understood and mitigated
  • Work closely with partners in Sales, Account Management, and Finance & Strategy
  • Present to Credit Committees and partners; effectively represent Credit Risk team and perspectives
  • Support principled risk-taking in emerging products and markets by building frameworks for credit analysis 
  • Contribute to the development of credit policies and add structure
  • Proactively identify ways to improve our underwriting and operations; and collaborate to build strategic programs 
  • Share insights and expertise with team; promote accountability for team-level and individual results

Qualifications

  • 3+ years of experience in commercial banking, credit, or payment industries
  • Advanced commercial credit underwriting skills, including complex financial statement analysis
  • Familiarity with diverse risk management tools and techniques
  • Strong professional communication skills internally and externally; able to work with clients to understand their business and gather information
  • Data skills and ability to translate findings into interpretable business case
  • BA/BS in Accounting, Finance, Economics, or a related field
  • Intermediate Excel (can perform complex functions) /Sheets required; SQL a plus

Additional Information

At Square, we value diversity and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at)squareup.com. We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.

Perks

At Square, we want you to be well and thrive. Our global benefits package includes:
  • Healthcare coverage
  • Retirement Plans
  • Employee Stock Purchase Program
  • Wellness perks
  • Paid parental leave
  • Flexible time off
  • Learning and Development resources