Credit Risk Underwriter

  • St. Louis, MO, USA
  • 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 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, they enjoy building relationships internally and externally to help partners navigate the risk experience. Lastly, they will be a self-starter, able to prioritize effectively in a fast-paced environment while taking every opportunity to improve our operations and our people. 

Job Responsibilities

  • Conduct in-depth credit reviews of our most strategic and 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 cross-functional 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

  • 5-7 years of experience in commercial banking, credit, or payment industries

  • Advanced commercial credit underwriting skills, including complex financial statement analysis

  • Understanding and 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

  • Able to prioritize effectively and meet deadlines in a high-growth environment

  • Data analysis skills and ability to translate findings into interpretable business case

  • BA/BS in Accounting, Finance, Economics, or a related field

  • Intermediate Excel/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.