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Commercial Underwriter in Dublin - Ballycoolin Business Park at PayPal

Date Posted: 9/8/2021

Job Snapshot

Job Description

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

PayPal Commercial Underwriting is seeking a new Commercial Underwriter to join the EMEA team based out of Dublin, Ireland. The ideal candidate must have strong business acumen and strong financial assessment skills and must have exemplary written and oral communication and collaboration skills. The ability to exercise sound judgment and be resourceful is imperative to success as a Commercial Underwriter. Fluency in a second European language is preferable.

About the Role

  • Timely assessments of merchant credit risk over the merchant life cycle

  • Analyse financial and bank statements to assess credit worthiness and develop a view of merchant financial health and any risk to PayPal’s operations

  • Analyse a wide range of data - business models, credit scores, external and internal processing data, bank statements, peer comparisons etc. to develop a view on a seller’s risk profile and PayPal relationship

  • Estimate financial exposures to PayPal and assess the need for and extent of risk mitigation measures

  • Where necessary, assess PayPal acceptable use cases, regulatory & credit card compliance, and legal considerations with respect to a seller or industry

  • Develop a holistic view on both individual sellers and across industries, proposing appropriate recommendations to mitigate PayPal’s risk and manage seller experience

  • Communicate professionally and effectively with cross-functional stakeholders on risk insights and recommendations

  • Maintain accurate and thorough documentation and audit trails of underwriting assessments, reports, methodologies, etc. in a timely manner

  • Monitor seller performance across portfolio segments, as needed

  • Evaluate and share feedback on data, tools, process and assessment methodologies for continuous improvement, aiding to develop and test solutions where suitable

  • Other opportunities and projects relevant to managing the financial risk of PayPal’s sellers

  • Stay current on merchant industry trends that impact the Commercial Merchant segment

 About you

  • Candidate must be fluent in English, French or another European language or Hebrew is preferable

  • Strong analytical skills - must be able to analyse complex data, draw meaningful conclusions and make holistic business recommendations

  • Ability to approach problems in a quantitative and qualitative manner

  • Be comfortable with complex data and analytics to draw meaningful insights

  • Excellent organizational, communication and interpersonal skills

  • Strong collaboration skills and the ability to build rapport with members of other departments

  • Strong working knowledge of external systems, PC based internet and software applications (Internet, Microsoft Office - Outlook, Word, Excel).

  • Familiarity with the merchant processing industry, particularly risk and operational processes

  • Be highly curious and thoughtful - a proactive self-starter with a sense of urgency and bias for action, in a fast-paced environment

  • 2+ years relevant experience in commercial lending, underwriting or credit risk assessment with experience in financial statement analysis, financial modelling, forecasting and valuation

  • Experience in Credit underwriting, banking and management consulting profiles are preferred

  • Experience preparing financial reviews, interpreting financial performance and assessing credit exposure

  • Experience in merchant risk review and investigation

  • Experience collaborating and building productive relationships across multiple departments

Join the PayPal team

  • Grow your international career working for a respected global brand. 

  • 27 days paid annual leave in addition to all national holidays.

  • A competitive salary, a performance-related bonus and employee share scheme.

  • Company pension scheme, parental leave scheme & comprehensive health insurance.

  • Award-winning training and an education allowance.

  • Regular family fun days, company events and active social groups. 

  • Fantastic cutting-edge modern offices that make coming to work that little bit more engaging.

  • An onsite Costa Coffee, games rooms, relaxation zones and so much more.

Please Note: Due to Covid-19 - the interview process, on-boarding, training and all work undertaken for this role will be conducted remotely. PayPal’s remote working policy is currently being reviewed. Apply now and one of our recruitment team will be able to discuss in more detail. 

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at