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 305 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.

Fluent German and English are required for this role

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.

Core Duties

• 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 & 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 Skill s

• Must be fluent in German and English

• 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

Experience

• 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

Educational Requirements

• Have a university degree and/or professional qualification in Finance, Accounting, Economics, Statistics, Business, Mathematics Administration or related fields or equivalent experience

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. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.