Senior Analyst, Platform Underwriting & Due Diligence

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Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We're the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That's why we're on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we're just getting started. We're building diverse and inclusive teams around the world - because that's how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

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 London. 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 is a team which focuses on analysis relevant to Customer Due Diligence, Enhanced Due Diligence, Business Model, Credit and Financial Analysis. This role offers a 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

• Leveraging experience, you will conduct business model analysis and a holistic assessment of a customer's risk profile, in-line with internal policy guidelines, card scheme rules and local regulations.
• Conduct customer due diligence and enhanced due diligence analysis on prospective customers including KYC, KYB, PEP, Sanctions and Adverse Media screening.
• Conduct proficient analysis of P&L, balance sheet and cash flow statements of Platform models and demonstrate a competent understanding of accounting principles.
• Prepare persuasive summaries to internal stakeholders and risk committees, including 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 and teammates' 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.
• 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.
• Act as a mentor to junior team members through training initiatives and credit approvals.
• Contribute to department and cross-functional projects as required.

Qualifications

Qualifications

• 5+ years of work experience related to due diligence, merchant underwriting or equivalent underwriting work.
• Subject matter expertise in AML/CTF and/or underwriting and financial analysis, with demonstrated ability to make sound judgments, balancing risk and reward.
• Ability to continually monitor and manage competing priorities and adjust accordingly.
• Excellent written and interpersonal communication skills.
• Possess a 'customer first' approach to delivering creative solutions for our customers and will contribute to cross team collaboration and building a One Team culture.
• Competent escalation management, acting with urgency to ensure escalations are prioritized, owned, and resolved effectively.
• You have a passion for operational improvement initiatives, and can contribute to broader department initiatives and projects.
• Leading by example, you'll demonstrate our core Values and live out our Operating Principles in everything you do.
• Previous experience coaching or mentoring is desirable although not required.
• Preferable if the candidate possesses expertise from a Payments or Fintech background.

Experience you'll bring to the role

• Work in a team that uses qualitative and quantitative targets to measure performance.
• Demonstrable experience related to concustomer due diligence, enhanced due diligence, merchant underwriting, credit insurance and/or commercial lending.
• Expert-level financial statement analysis and credit exposure assessment ability.
• Experience with concise written and oral presentations, and ability to deliver complex messages in a clear and focused manner.
• A highly analytical team player who loves to evaluate financial and business risks.
• Domain expertise within the payments industry will be preferable.

Additional Information

Apply without meeting all requirements statement

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use.

Our clients come from all over the world - and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we'll empower you to unlock your potential so you can do your best work. We'd love to hear how you think you could make a difference here with us.

We want to 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. We'll be happy to support you.

Take a peek inside life at Checkout.com via

• Our Culture video https://youtu.be/BEwnpHuadSw
• Our careers page https://www.checkout.com/careers
• Our LinkedIn Life pages bit.ly/3OaoN1U
• Our Instagramhttps://www.instagram.com/checkout_com/

Videos To Watch
https://youtu.be/BEwnpHuadSw