Commercial Underwriter in Dublin at PayPal

Date Posted: 6/14/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Dublin
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    6/14/2019
  • Job ID:
    R0046260

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 277 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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.

As a member of the Commercial Underwriting team, you will be responsible for conducting financial assessments and ongoing monitoring of merchants in the Commercial Seller segment. This is a full credit underwriting review that includes analyzing business and personal financials , bank statements to assess credit worthiness, processing complex data to draw meaningful conclusions and make holistic business recommendations.

Core Skills:

  • Have ~2-4 years of relevant experience, in underwriting or credit risk assessment, with experience in financial statement analysis, financial modelling, forecasting and valuation
  • Credit underwriting, banking and management consulting profiles are crucial with clear understanding of financial risk assessment of companies  required

Responsibilities:

  • Timely assessments of merchant credit risk over the merchant life cycle.
  • 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 & internal processing data, bank statements peer comparisons, etc. to develop a view on a seller’s risk profile & 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 & test solutions where suitable.
  • Other opportunities & projects relevant to managing the financial risk of PayPal’s sellers
  • Stay current on merchant industry trends that impact the Commercial Merchant segment

Required Skills

  • Be comfortable with complex data and analytics to draw meaningful insights
  • Be a team player, with strong interpersonal & communication skills, both written and verbal
  • Excellent organizational, communication, and interpersonal skills
  • Strong collaboration skills, and the ability to build rapport with members of other departments.
  • Familiarity with merchant processing industry, particularly risk and operational processes
  • Strong working knowledge of external systems, PC based internet and software applications (Internet, Microsoft Office - Outlook, Word, Excel).
  • Be highly curious and thoughtful - a proactive self-starter with a sense of urgency and bias for action, in a fast-paced environment

Other Requirements

  • Have a university degree and/or professional qualification in Finance, Accounting, Business Administration or related fields
  • Fluent English essential plus French/ Italian/Spanish a plus

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

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.

R0046260

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