Commercial Underwriter – Danish
Position Overview
As a Commercial Underwriter – Credit Analyst, you will support the underwriting and perform expert-level risk evaluation of PayPal’s merchants of all sizes (SP, SMB and LMS). Areas of analyst focus will include performing risk management analysis and underwriting, assuring regulatory adherence, assisting with merchant monitoring and enforcement operation, and balancing the overall business impact of MRM operations. Success in this role will be based on the ability to minimize risk to PayPal, the quality of vetting decision-making and enforcement as viewed by regulators, credit processors, customers, and internal stakeholders. A Commercial Underwriting Credit Analyst has strong business acumen, exercises creativity in their thought process, and has exemplary written and oral communication skills.
Core Duties
•Implementation of Credit Underwriting and Procedures:
Conduct full credit underwriting including assessment of merchant risk including PayPal Acceptable Use, Regulatory Compliance (Federal and State, Local Region) , Credit Card Compliance, Legal, Fraud and Credit Risks. (50%)
•Present detailed recommendations to management, cross-functional Risk Management organization and Merchant Services business units. (10%)
•Interpret and analyze financial statements, business credit bureau reports, merchant processing statements, business history, background investigations, and bank and trade references. (20%)
•Calculate reserve and/or collateral requirements based on credit exposure. (5%)
•Communicate indirectly with a wide range of PayPal teams both in San Jose and Omaha, merchants and vendors during the credit underwriting process in a professional manner. (5%)
•Perform ongoing monitoring of specified accounts and portfolio in accordance with approval policies. (10%)
Requirements
•Business Acumen
•Decision Quality
•Written Communications
•Functional / Technical Skills
•Dealing with Ambiguity
•Customer Focus
•Strong analytical skill – must be able to analyze complex data, draw meaningful conclusion, and make a holistic business recommendations
•Ability to approach problems in a quantitative and qualitative manner
•Excellent organizational, communication, and interpersonal skills
•Strong negotiating, influencing and facilitation skills
•Ability to learn and adapt to new software technologies
•Strong working knowledge of external systems, PC based internet and software applications (Internet, Microsoft Office – Outlook, Word, Excel).
•Basic Knowledge of internal systems software (Kana, Intranet, Admin Tools, Attack
•A minimum of 2 years of commercial underwriting experience in middle to large markets is required
•Experience in financial statement analysis, financial modeling and valuation is essential
•Experience preparing financial reviews, interpreting financial performance and assessing credit exposure is essential
•Direct experience in utilizing analytical skills to identify critical trends
Bachelors Degree or relevant industry experience required and 2nd EU language preferred