Underwriting Analyst
Posted on 3/22/2024
Faire

1,001-5,000 employees

Online retailer
Company Overview
Faire's mission is to help small businesses come together to compete on a more level playing field with the likes of Walmart and Amazon. Today, Faire is the online marketplace where retailers discover their next bestsellers from independent brands across the globe.
Data & Analytics
Consulting
AI & Machine Learning
Real Estate
Consumer Goods
B2B

Company Stage

Series G

Total Funding

$1.7B

Founded

2017

Headquarters

San Francisco, California

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-1%

2 year growth

27%
Locations
Remote
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Sales
Communications
Data Science
CategoriesNew
Risk Management
Sales & Trading
Finance & Banking
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