Job Description Summary:

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.

Job Description:

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

• 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