Credit Risk Underwriter
- Full-time
Company Description
Job Description
We are looking for a Credit Risk Underwriter to help manage chargeback risk for some of the largest sellers processing on Square. In this role, you will work closely with our Sales team throughout the onboarding process to provide a seamless seller experience while ensuring appropriate risk assessment and controls. The ideal candidate will have strong commercial credit underwriting skills, and takes joy in scouring financial statements to understand a company’s business model, key risks, and mitigating factors. Additionally, this candidate will enjoy building relationships internally and externally to help partners navigate the risk experience. Lastly, we are looking for someone who is able to prioritize effectively in a fast-paced environment while taking every opportunity to improve our operations and our people.
You will:
- Conduct in-depth credit reviews of our most strategic and high-risk sellers, which include 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 cross-functional 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 to areas of ambiguity
- Proactively identify ways to improve our underwriting and operations; effectively prioritize and collaborate cross-functionally to execute on strategic initiatives
- Share learnings and expertise with team; drive accountability for team-level and individual results
Qualifications
Qualifications
1-3 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
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
- Paid time off
- Learning and Development resources
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.