Commercial Underwriting 2 in Shanghai at PayPal

Date Posted: 7/20/2018

Job Snapshot

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 244 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 Commercial Underwriting Analyst, you will develop risk views of PayPal sellers through robust analysis, leveraging your strong business and financial acumen, logical reasoning and communication skills to make clear recommendations for balanced and timely risk mitigation.

As a Commercial Underwriting Analyst, you will develop risk views of PayPal sellers through robust analysis, leveraging your strong business and financial acumen, logical reasoning and communication skills to make clear recommendations for balanced and timely risk mitigation.

RESPONSIBILITIES

  • Timely assessments of merchant credit risk over the merchant life cycle.
  • Analyze and interpret financial statements, developing a view of the merchants’ financial health and its implications to PayPal’s risk and seller relationships.
  • Analyze and interpret merchant & industry business models, credit reports, merchant processing history, internal PayPal data, background investigations, bank and trade references, etc. developing a view on their impact to PayPal risk and seller relationships.
  • Conduct merchant assessments in view of PayPal acceptable use cases, federal and state regulatory compliance, credit card compliance and legal considerations.
  • Estimate financial exposures to PayPal from sellers, using reasonable assumptions, and assess the need for and extent of risk mitigation measures. 
  • Develop a holistic point of view on assessed merchants, proposing appropriate recommendations for mitigating PayPal’s risk and managing seller experience.
  • Develop insights on merchants, sectors and markets based on assessments, peer analyses, etc.
  • Articulate recommendations and assessment drivers to stakeholders as needed (ex: risk management teams, business units, PayPal merchants, etc.). Communicate professionally and effectively with cross-functional stakeholders throughout.
  • 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
  • Provide feedback on data, tools and assessments for continuous improvement, along with on-going development of policies, products, tools, and procedures for process enhancement.
  • Support the planning, testing & adoption of new policies, processes, data sources, activities, tools, etc., providing timely and constructive feedback, collaborating with the relevant stakeholders.
  • Other opportunities & projects relevant to managing the financial risk of PayPal’s sellers

    Skills: The right candidate would -

  • Have a college degree and/or professional qualification in Finance, Accounting, Business Administration or related fields
  • Have ~2-5 years of relevant experience, in underwriting or credit risk assessment, with experience in financial statement analysis, financial modeling, forecasting and valuation
  • Credit underwriting, banking and management consulting profiles are preferred.
  • Be comfortable with complex data and analytics to draw meaningful insights
  • Be a team player, with strong interpersonal & communication skills, both written and verbal
  • Be highly curious and thoughtful - a proactive self-starter with a sense of urgency and bias for action, in a fast-paced environment
  • Knowledge of SQL is a plus, but not essential. 

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.

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