Credit Underwriting Specialist

1 month ago

Chicago, Illinois, United States Adyen Full time

This is Adyen

Adyen provides payments, data, and financial products in a single solution for customers like Meta, Uber, H&M, and Microsoft - making us the financial technology platform of choice. At Adyen, everything we do is engineered for ambition.

For our teams, we create an environment with opportunities for our people to succeed, backed by the culture and support to ensure they are enabled to truly own their careers. We are motivated individuals who tackle unique technical challenges at scale and solve them as a team. Together, we deliver innovative and ethical solutions that help businesses achieve their ambitions faster.

Credit Underwriting Specialist

As Credit Underwriting Specialist, based in Chicago, you will be part of a brand new team of professionals that evaluates and manages credit risk coming forth from Adyen's growing suite of credit risk products. The team plays a critical role in developing and operating the credit risk framework for new financial products (e.g. Adyen Capital). In close cooperation with Commercial, Product, and Compliance teams, the team will help scale Adyen's credit risk management to the next level.

At this moment, the team is still in an early stage, offering ample room for growth in the coming years. We are looking for team players that are highly motivated, extremely innovative, and who take ownership and full control over their own workflows. As we operate globally, the team is part of an international team with diverse backgrounds and skill sets.

Our ideal candidate has a strong problem solving mindset, is a great communicator and has in-depth knowledge to formulate strategic recommendations on policies, procedures and practices.

What you'll do

  • Perform the credit underwriting and portfolio monitoring of different financial products, including loans to SMBs and other credit products to enterprise customers.
  • Analyze the impact of business model, industry and macro-economic developments on the credit portfolios and the credit risk offering of Adyen.
  • Develop and implement credit risk strategies to enhance portfolio performance while ensuring alignment with risk appetite and business objectives.
  • Drive continuous improvement of our global and US-specific credit risk underwriting and monitoring framework, including policies, procedures and practices.
  • Provide credit risk expertise to a variety of stakeholders to guarantee that credit risk is properly considered in new commercial product developments.
  • Lead projects from beginning to end, and find optimal solutions that benefit our customers and improve our risk management practices.
  • Clearly explain Adyen's credit risk policy and procedures to internal and external stakeholders.

Who you are

  • You have a strong track record in credit risk (5+ years), experience with credit underwriting and portfolio management for different type of companies and financial products.
  • You are passionate about developing credit underwriting and monitoring frameworks for new products in line with regulatory requirements, and grow them into mature frameworks covering all aspects of credit risk.
  • You are innovative, with strong problem-solving skills and able to define efficient and effective processes and procedures.
  • You effectively collaborate with customers and colleagues across cultures and time zones.
  • You thrive in a dynamic environment, challenging the status-quo and 'can-do' mentality.
  • You have strong written and verbal communication skills.
  • You have strong analytical skills, which you leverage to improve our risk management framework.
  • University degree preferred in business economics, finance or another quantitative field.

Our Diversity, Equity and Inclusion commitments

Our unique approach is a product of our diverse perspectives. This diversity of backgrounds and cultures is essential in helping us maintain our momentum. Our business and technical challenges are unique, and we need as many different voices as possible to join us in solving them - voices like yours. No matter who you are or where you're from, we welcome you to be your true self at Adyen.

Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Does this sound like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application

What's next?

Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role. Learn more about our hiring process here. Don't be afraid to let us know if you need more flexibility.

This role is based out of our Chicago office. We are an office-first company and value in-person collaboration; we do not offer remote-only roles.

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