Senior Analyst, Platform Underwriting

Company Description

We’re Checkout.com. You might not know our name, but companies like eBay, Spotify, Klarna, Uber, and Sony do, because we’re behind many of the digital experiences you use every day.

We are where the world checks out, enabling over 10 billion transactions yearly for more than one billion global shoppers.

Whether you want to book a holiday, order food, renew a subscription, or check out online, there’s a good chance our tech powers the payments behind the scenes. Our platform helps the most ambitious businesses deliver effortless digital experiences, at scale.

If you want to do career-defining work, you’ve come to the right place. We move fast, think globally, and believe great teams are built by hiring exceptional people with conviction, curiosity, and the desire to make an impact.

With 20 offices across six continents and London as our HQ, we’re shaping the future of fintech – and we’re just getting started.

Job Description

We are looking for a seasoned underwriter with a background in payments, due diligence, and financial analysis to join our Platforms Underwriting team in Atlanta.

You will be part of a team that is responsible for underwriting applications for customers utilizing Checkout.com’s solution for platforms, primarily Payment Facilitators, Marketplaces, and Staged Digital Wallet Operators. This team focuses on analysis relevant to Customer Due Diligence, Enhanced Due Diligence, Business Model, Credit, and Financial Analysis.

This role offers unique exposure to our core business areas, collaborating closely with our key internal players (Commercial, Compliance, Risk, Legal teams and Senior Management) and our high-value merchants and partners.

How you'll make an impact

• Conduct business model analysis and a holistic assessment of a customer’s risk profile, leveraging your proficient-level understanding of the risks and requirements of different Platform models (ISVs, Payfacs, Marketplaces, Staged Digital Wallets, MORs).

• Conduct customer due diligence and enhanced due diligence analysis on prospective customers including KYC, KYB, PEP, Sanctions, and Adverse Media screening.

• Conduct expert-level analysis of P&L, balance sheet, and cash flow statements of Platform models and other high-risk sectors.

• Prepare persuasive summaries to internal stakeholders and risk committees, identifying mitigants and making balanced recommendations for each deal.

• Represent the Platform Underwriting team in leading and attending customer calls and meetings alongside Sales or Account Managers.

• Approve individual credit submissions in line with approval authority.

• Identify operational issues and areas for improvement, and make detailed recommendations on how to improve the merchant onboarding experience.

• Act as a mentor to new or junior team members through training initiatives and credit approvals.

• Foster a culture of collaboration with key internal stakeholders, in particular Sales/Account Managers, and first and second line Risk and Compliance personnel and Legal.

• Contribute to department and cross-functional projects/initiatives as required.

What we’re looking for

• Proficient-level understanding of Checkout's Platform product offering, including features and limitations, and the ability to independently classify different Platform models.

• Expert-level financial statement analysis and credit exposure assessment ability.

• Demonstrated ability to make sound judgments, balancing risk and reward.

• Competent escalation management, acting with urgency to ensure escalations are prioritized, owned, and resolved effectively.

• Ability to continually monitor and independently manage competing priorities and adjust accordingly without impact to SLA attainment.

• Excellent written and interpersonal communication skills, with concise presentation skills and the ability to deliver complex messages clearly.

• A passion for operational improvement initiatives and the ability to contribute to broader department initiatives and projects.

• Possess a ‘customer first’ approach to delivering creative solutions.

Experience you'll bring to the role

• 6+ years of direct experience related to financial analysis or merchant underwriting.

• 5+ years of work experience related to due diligence, merchant underwriting, or equivalent underwriting work.

• Demonstrable experience related to customer due diligence, enhanced due diligence, merchant underwriting, credit insurance, and/or commercial lending.

• Subject matter expertise in AML/CTF and/or underwriting and financial analysis.

• Domain expertise within the payments or Fintech industry will be preferable.

• Previous experience coaching or mentoring is desirable.

Additional Information

Bring all of you to work

We create the conditions for high performers to thrive, through real ownership, fewer blockers, and work that makes a difference from day one.

Here, you’ll move fast, take on meaningful challenges, and be recognized for the impact you deliver. It’s a place where ambition gets met with opportunity, and where your growth is in your hands.

We work as one team, and we back each other to succeed. So whatever your background or identity, if you’re ready to grow and make a difference, you’ll be right at home here.

It’s important we set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable.

Life at Checkout.com

We understand that work is just one part of your life. Our hybrid working model offers flexibility, with three days per week in the office to support collaboration and connection.

Curious about what it’s like to be part of our team? Visit our Careers Page to learn more about our culture, open roles, and what drives us.

For a closer look at daily life at Checkout.com, follow us on LinkedIn and Instagram