WHO WE ARE
At Trustly, we're building a smarter, faster, and more secure financial future by revolutionizing the world of payments. As a global leader in Open Banking Payments, we are establishing Pay by Bank as the new standard at checkout, providing unparalleled freedom, speed, and ease to millions of consumers and merchants worldwide.
Our Ambition: To build the world’s most disruptive payment network and redefine what the payment experience should feel like.
Trustly is a global team of innovators, collaborators, and doers. If you are driven by a strong sense of purpose and thrive in a dynamic, entrepreneurial, and high-growth environment, join us and be part of a team that’s transforming the way the world pays.
About the team
The Underwriting team is responsible for reviewing all new and existing insourced deals holistically by analyzing the merchants' compliance framework and risk controls, financial conditions, historical performance, and regulatory and legal environment.
What you will do:
Evaluate merchant applications and supporting documentation to assess Merchant’s credit and reputational risk.
Review financial statements and/or business tax returns and performs analysis to recommend merchant’s risk ratings.
Analyze complex corporate structures, beneficial ownership and licensing requirements, coordinating with the Compliance and Legal teams as needed.
Review industry information and comparisons, key risks and mitigants to form a general risk overview of merchants.
Summarize analysis in concise credit memo and complete all required underwriting checklists.
Underwrite according to applicable regulations, procedures, and guidelines.
Conduct periodic reviews for existing merchants to facilitate ongoing risk monitoring and management.
Maintain productivity standard goals as established by management.
Assist the Commercial team with customer calls for larger merchants requiring explanation of specific credit risks, internal credit policies and/or underwriting decisions.
Other duties as assigned.
Who you are:
High level of English proficiency both in oral and written communication.
Experience in a commercial underwriting role at a fintech, financial institution or payment service provider; experience underwriting complex multinational corporations is a plus.
Bachelor’s Degree in Accounting, Finance, Economics or related discipline required.
Ability to analyze financial, bank, and processing statements to assess credit worthiness of merchants.
Review complex corporate structures, licenses, and beneficial ownership, coordinating with the compliance and legal teams as needed.
Familiarity with Know your Customer (KYC), Anti-Money Laundering (AML) and payment processing requirements in North America.
Ability to solve practical problems and interpret a variety of data furnished in oral, written, or schedule form.
Must be detail oriented, and able to manage and prioritize multiple tasks.
Prior payment and Fintech experience is a plus.
Our perks and benefits:
Bradesco health and dental plan, for you and your dependents, with no co-payment cost;
Life insurance with differentiated coverage;
Meal voucher and supermarket voucher;
Home Office Allowance;
Wellhub - Platform that gives access to spaces for physical activities and online classes;
Trustly Club - Discount at educational institutions and partner stores;
English Program - Online group classes with a private teacher;
Extended maternity and paternity leave;
Birthday Off;
Flexible hours/Home Office - our culture is remote-first! You can work in every city in Brazil;
Welcome Kit - We work with Apple equipment (Macbook Pro, iPhone) and we send many more treats! Spoiler alert: Equipment can be purchased by you according to internal criteria!;
Annual premium - As a member of our team, you are eligible to receive an annual bonus, at the company's discretion, based on the achievement of our KPIs and individual performance;
Referral Program - If you refer a candidate and we hire the person, you will receive a reward for that!
#LIRemote
At Trustly, we embrace and celebrate diversity of all forms and the value it brings to our employees and customers. We are proud and committed to being an Equal Opportunity Employer and believe an open and inclusive environment enables people to do their best work. All decisions regarding hiring, advancement, and any other aspects of employment are made solely on the basis of qualifications, merit, and business need.
