Who we are:

Balance is the leading B2B checkout experience for sellers looking to build a self-serve digital/eCom experience. We’re located in NY, with offices around the world and are backed by world-leading brands such as Salesforce, Stripe, HubSpot, Forerunner, Lightspeed Ventures, and Ribbit Capital.

Who you are:

A dynamic, energetic, analytical individual with a strong customer-facing focus to join our growing Risk team. The ideal candidate will have experience in credit underwriting of businesses of all shapes and sizes in addition to a strong analytical mindset, be detail-oriented, and have strong prioritization skills. This individual will help manage a portfolio of commercial trade credit AR and perform analytics across the credit lifecycle from origination to collections. The role will be a mix of portfolio-level credit strategy, data analytics, research, and account-level underwriting.

Benefits:

• Join a mission-driven and value-driven company that puts culture and personal growth front and center.
• Hybrid work model, including 2 days per week of working from home.
• Stock Options to all full-time employees.
• Health, Dental and Vision plan options.

Base Salary Range: 130,000-180,000

• Utilize underwriting expertise to assess and evaluate buyers applications for credit risk.
• Manage Trade Credit program with internal stakeholders and our customers to achieve successful ramp-up.
• Evaluate the creditworthiness of potential clients, merchants, and partners through comprehensive financial analysis, industry research, and risk profiling.
• Analyze financial documents, business plans, and credit reports to make informed underwriting decisions.
• Develop and implement procedures for customer onboarding to the terms program.
• Implement risk assessment models and tools to proactively identify potential credit issues.
• Provide regular reports and updates to the leadership team on the credit risk landscape.
• Develop and implement credit scoring models and other risk assessment tools to enhance decision-making processes.
• Monitor and manage the existing credit portfolio, identifying potential risks and proposing strategies to mitigate them.
• Regularly review and update credit policies and procedures to align with industry best practices and regulatory requirements.

• Bachelor’s degree in Economics, Statistics, Mathematics, or a related field.
• 3 years proven experience in credit risk management and underwriting, preferably in the Fintech/ Banking industry.
• Strong experience in SMB underwriting, using alternative data sources.
• Strong analytical skills with proficiency in data analysis tools and methodologies.
• In-depth knowledge of credit scoring models, risk assessment techniques, and regulatory compliance.
• Detail-oriented and able to manage multiple priorities in a fast-paced environment.
• Excellent communication and interpersonal skills for effective customer interaction.

Advantage:

• Experience working with automated decision systems
• Experience with collection processes and automation of those