Senior Credit Analyst

WHO WE ARE

The Trustly Americas team combines PayWithMyBank, a 2012 Silicon Valley startup, with Trustly AB of Sweden, following their 2019 merger. Our team represents 30 nationalities, serving 9,000 merchants, connecting to 650 million consumers, and 12,000 banks across 33 countries. Our global network processes over $58 billion annually.

We are the leader in Open Banking Payments, and we’re on a mission to give merchants and consumers a better payment experience through Pay by Bank. For merchants, we deliver payment acceptance at a significantly lower cost than cards. For consumers, we enable them to use their bank accounts at payment methods instead of being held captive by high-interest cards. And it all happens through the security of Open Banking, only with Trustly.

With offices in Vitoria, Brazil, Silicon Valley in the US, and global headquarters in Stockholm, Sweden, we are a culturally diverse team.  Across Brazil, we have embraced remote work from home policy.

At Trustly, we believe that inclusion and diversity are essential foundations for building a fair and equitable society. We do not discriminate based on race, religion, ancestry, color, national origin, gender identity, sexual orientation, age, citizenship, marital status, or disability status. Our main goal is to provide a fair, welcoming, diverse environment with opportunities for all collaborators. The stages of our selection process take place online and without distinction of any kind.

It’s a great time to join Trustly as the Americas team is growing fast. If you thrive in an entrepreneurially-minded, fast-paced, casual, professional, positive, and rewarding work environment, check us out!

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.  

• 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.

• High level of English proficiency both in oral and written communication.
• Bachelor’s Degree in Accounting, Finance, Economics or related discipline required.
• Solid credit fundamentals in a commercial environment. Formal credit training a plus.
• Familiarity with commercial credit underwriting and Know Your Customer (KYC) requirements in North America.
• Strong independent decision-making capabilities.
• Must be detail oriented, and able to manage and prioritize multiple tasks independently.
• Strong Microsoft Office skills.
• Experience underwriting complex multinational corporations is a plus.
• Salesforce knowledge is a plus.

• 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!

Check out our Glassdoor or our Brazil Life page on LinkedIn for more details about Brazil, our culture, and much more.

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.

Want to make a difference in a fast-growing business? Apply now!