Credit Risk Analyst

  • Full-time

Company Description

We believe everyone should be able to participate and thrive in the economy. So we’re building tools that make commerce easier and more accessible to all. We started with a little white credit card reader but haven’t stopped there. Our new reader helps our sellers accept chip cards and NFC payments, and our Cash app lets people pay each other back instantly. We’re empowering the independent electrician to send invoices, setting up the favorite food truck with a delivery option, helping the ice cream shop pay its employees, and giving the burgeoning coffee chain capital for a second, third, and fourth location. Let’s shorten the distance between having an idea and making a living from it. We’re here to help sellers of all sizes start, run, and grow their business—and helping them grow their business is good business for everyone.

Job Description

We are looking for a highly motivated finance professional to join Square’s world-class Risk organization to help understand and manage credit risk for sellers processing on Square. The ideal candidate will have a thorough understanding of commercial credit and financial statement analysis, as well as a passion for applying those skills in new and innovative ways to help Square grow our business while controlling credit loss.

In this role, you will be responsible for analyzing new and existing sellers, assessing credit risk associated with processing activity, and taking appropriate action in line with our operational and risk policies. You will have a seller-first mentality and will drive creative and novel approaches in risk management to make sure that we live up to our purpose of Economic Empowerment. You will also act as the primary point of contact for our Sales team, partnering on our largest strategic opportunities to ensure that clients have a seamless onboarding experience while effectively identifying and mitigating credit risk.

Lastly, we expect you to be dynamic and adaptable, have a positive attitude, and assist in the training and development of new team members. If all of this sounds exciting to you, you may be a good fit and we look forward to hearing from you!

Job Responsibilities

  • Perform review of high-risk sellers and/or transactions

  • Analyze processing history, business model, financial/bank statements and other information to make informed credit decisions on a daily basis

  • Lead due diligence calls with prospective and existing sellers to ensure that the risks posed by their business are fully understood

  • Prepare credit memorandums for large and high-risk sellers to effectively communicate key risks and recommendations to senior management

  • Act as Credit Risk liaison to other internal departments, including Sales and Support. Trusted to clearly voice specific credit policies and decisions internally and externally.

  • Proactively identify areas for improvement, and collaborate cross-functionally to effectively drive key initiatives and projects to completion

  • Contribute to upmarket strategy at Square

Qualifications

  • 3+ years experience in commercial banking, consulting, FinTech, or financial services

  • Strong understanding of commercial credit and financial statement analysis

  • Working knowledge or previous experience in payment processing a plus

  • Strong data analysis skills; SQL a plus

  • Excellent verbal and written communication skills

  • Demonstrated ability to execute on key projects

  • Strong intellectual curiosity and desire to create, improve, and question

  • Adaptable and comfortable with often-changing, fast-paced environment

  • Team-oriented, with strong sense of accountability

  • Undergraduate degree in Finance, Mathematics, or Accounting preferred

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.

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