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Full-Time

Underwriting Analyst

Posted on 3/22/2024

Faire

Faire

1,001-5,000 employees

Online wholesale marketplace for independent retailers

Data & Analytics
Consulting
AI & Machine Learning
Real Estate
Consumer Goods

Mid

Canada

Category
Risk Management
Finance & Banking
Required Skills
Sales
Communications
Data Science
Requirements
  • 3-6 years of experience in financial services, tech, or related industry, with minimum 1+ years of experience in small business commercial credit underwriting
  • Experienced in conducting comprehensive analysis of business banking data and financial statements to evaluate revenue, liquidity, leverage, and cash flow trends
  • Ability to spot patterns from discrete and vague data points (e.g. social media, financial data, Faire transactional data)
  • Strong critical thinking, analytical, and financial evaluation skills
  • The capacity to make complex decisions under pressure in a fast-paced setting
  • Strong written and verbal communication skills; ability to interact with customers in a clear and concise manner, primarily via email and phone
  • Strong customer focus and the ability to balance Risk mitigation alongside a positive customer experience
  • Passionate, relentless resourcefulness and the ability to thrive at a fast-paced startup -- you’re willing to do what needs to be done for the success of your team and you are comfortable with change
Responsibilities
  • Evaluate creditworthiness of retail businesses and adjust credit limits based on a review of the business’s credit application, banking data, payment performance on Faire, and publicly available information
  • Perform due diligence on businesses to prevent fraud
  • Propose and implement improvements to risk management policies, procedures, and tools
  • Identify issues and gaps, and develop data-driven recommendations to enhance our underwriting operations
  • Work cross-functionally with teams such as Data Science, Engineering, and Product in order to drive product improvements, new feature releases, and efficiency improvements
  • Work with Sales and Support teams to streamline communication, improve efficiencies, and provide a world-class customer experience

Faire provides an online wholesale marketplace that empowers independent retailers with technology-driven solutions, including data analysis and machine learning. These tools enhance product discovery and sales efficiency, enabling retailers to compete more effectively on a global scale. By prioritizing technological advancement and data-driven strategies, this company fosters a culture of innovation and continuous improvement, which makes it a stimulating workplace for those passionate about leveraging technology to solve real-world business challenges.

Company Stage

Series G

Total Funding

$1.7B

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

2%

Benefits

Time off

Parental leave

Daily mindfulness

Annual learning grant

Thoughtfully designed spaces

Fitness & wellbeing benefits

Mental health benefits

Charitable matching

Career planning

INACTIVE