Senior Credit Analyst, GoCardless
£48-72k
Please note that whilst we strive to offer competitive compensation, our approach is to pay between the minimum and the mid-point (£48,000 - £60,000) of the pay range until performance can be assessed in role. + Equity
Making payments easier for everyone
Open for applications
Making payments easier for everyone
501-1000 employees
Open for applications
£48-72k
Please note that whilst we strive to offer competitive compensation, our approach is to pay between the minimum and the mid-point (£48,000 - £60,000) of the pay range until performance can be assessed in role. + Equity
501-1000 employees
Company mission
To become the world’s bank payment network.
Role
Who you are
- You’ve had previous experience in a role where you were directly responsible for credit underwriting, working in a B2B environment of comparable scale
- You have deep and broad experience in analysing financial statements for SMEs and Large Corporations to make effective credit risk decisions, with the ability to compute financial ratios whilst applying industry context
- You have a good understanding of risks inherent to a bank-to-bank payments business, such as chargebacks, and you have practical experience in risk management
- You are proficient in leveraging data analytics and BI tools
- Your stakeholder management is excellent, and you are able to build strong working relationships with commercial teams
- You are a strong, confident communicator, with the ability to influence stakeholders across the business, including CxO and senior management
- You have a meticulous attention to detail
- You are able to prioritise work to meet tight deadlines and act with independent judgement on relative priority of tasks
What the job involves
- This role will sit in the Merchant Operations Group. We’re responsible for a large number of GoCardless’ highest-throughput processes and systems, such as KYC and onboarding, customer support, payment operations, risk operations, billing and more
- We need to ensure these run efficiently so that GoCardless can scale effectively & drive healthy margins. Everything we do is in service to our customers - both external and internal, wherever their location
- This role is part of a small operational team of credit risk underwriters, safeguarding our financial health by ensuring robust credit evaluation and proactive risk management
- The team ensures that GC adopts, implements and maintains appropriate credit controls with the aim of managing credit losses whilst supporting revenue growth
- The core of the role is assessing and managing the credit risk associated with GC’s merchant base
- You will be responsible for evaluating creditworthiness, conducting risk assessments, and developing creative strategies to mitigate potential credit losses
- This role will suit someone who is comfortable with a high degree of autonomy, can pick up the basics quickly and is comfortable owning their decisions
- Understanding new and existing business models with meticulous attention to detail. You’ll be expected to get underneath and look beyond the numbers when assessing creditworthiness for SMEs and Large corporates
- Perform credit risk reviews and high risk onboarding processes that evaluate creditworthiness of prospective customers and risks associated with sales deals. Advise sales leadership on risk-adjusted pricing as needed
- Review complex credit decisions and escalations, making final determinations on approvals or conditions, escalating to management as needed
- Operate processes that manage existing customer risk, including requests for limit increases, changes to holding periods or new product access
- Perform continuous monitoring of existing portfolios, adapting limits, holding periods, cash covers or other mitigation tools as appropriate
- Respond quickly to risk alerts to prevent or minimize company losses
- Participate in Exec. level deal reviews as needed
Our take
GoCardless has emerged to facilitate recurring payments, with a focus on streamlining the subscription economy. After securing $75M in 2019 for international expansion, the company now operates in over 30 countries, processing over $130B annually across more than 2500 for 100,000 businesses.
Recent advancements include the acquisition of Nordigen in 2022, enabling GoCardless to leverage OpenBanking functionality and establish a robust platform for direct bank-to-bank payments. The company also achieved an impressive $312 million in Series G funding in 2022. With a strategic eye on the future, GoCardless introduced GC Embed, a white-labeling product granting other payment providers access to its premier bank payment platform.
This success is underscored by the company's commitment to innovation, exemplified by its 2019 partnership with TransferWise, integrating foreign exchange rates into its services. GoCardless continues to evolve, navigating the complex landscape of recurring payments and staying ahead of competitors like Stripe and Square, who are beginning to enter the subscription economy. With a global footprint spanning the UK, France, the US, Ireland, Latvia, Portugal, and ANZ, GoCardless remains at the forefront of reshaping how businesses manage and process recurring payments on a massive scale.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Opportunities to learn
"I love that we have an environment of trying new things and if it doesn't work, it's okay, as long as you learn from it. This has enabled me to..."
Funding (last 2 of 10 rounds)
Feb 2022
$312m
SERIES G
Feb 2021
$105m
SERIES F
Total funding: $634.5m
Company benefits
- Enhanced maternity, paternity and shared parental pay
- 27 days holiday (excl. bank holidays)
- Work-away scheme
- Health insurance
- 4 additional wellbeing days off per year
- Equity grant for all permanent employees
Company values
- Start With Why: We believe you can only do a job properly when you know why you are doing it. Understanding why we care about the problem motivates us to keep going until we’ve solved it
- Make it Happen: We work with urgency, and take personal accountability for getting things done in pursuit of our vision.
- Care Deeply: We care deeply about our impact on the world and those around us
- Act with Integrity: We do what’s right even when no one is watching. We don't see doing the right things as a choice — we act with integrity regardless of the cost
- Be Humble: We act without ego and don’t let excuses get in the way of achieving our goals. We believe life's too short for self-importance
Articles
Leadership
Hiroki Takeuchi
(Co-Founder & CEO)Hiroki and Matt met when they were consultants. They started GoCardless during Y Combinator. Hiroki was previously a Business Analyst at McKinsey & Company.
Matt Robinson
(Co-Founder & Board Member)Started company supplying waiters to events while at school, before joining McKinsey. Founded Nested Estate Agents in 2015 where they currently serve as CEO.
People progressing
Beccy joined GoCardless as a Sales Development Representative in May 2018 and has since had 3 promotions to become Senior Manager.
Steph joined GoCardless as an Intern in the Compliance team 4 years ago and she's now the Manager of the team.
Diversity, Equity & Inclusion at GoCardless
Lena Tailor (Director of D&I)
- Given the large number of hires we have been making in recent months, we have continuously reviewed both our hiring processes and channels to eliminate bias. We’ve introduced programs that attract diverse talent and we continuously seek to create hiring experiences that are fair, transparent and accessible by all
- We are working on creating a transparent framework for how we grow and develop talent in a scaling organisation. This will include bringing more clarity on internal career opportunities and provide clear expectations on the behaviours we want to see aligned to our values and commitment to building an inclusive organisation
- We have introduced systematic processes to help ensure compensation decisions are data-driven, fair and competitive. We have also invested in Reward capability and expertise to ensure we bring pay equity into every step of the employee journey
- Thanks to these employee-led groups we have been able to further our efforts in voluntary diversity data collection this year, to develop support for parents and carers, offer community mentoring opportunities in partnership with Career Accelerator, help to raise awareness and empathy during significant events of the past year, and importantly, offer more employees a community of people with whom they share experiences and interests
- To strengthen our commitment to D&I we have recently appointed our first Director of Diversity & Inclusion, an experienced culture change leader, which will allow us to have a more strategic and systematic approach to building a diverse and inclusive organisation for the long term and as we scale
- The Director will work with the executive team and ERGs to define clear D&I targets that GoCardless will commit to achieving over the next three years, and to develop a structured roadmap of initiatives aligned with those targets
- This will create greater clarity and accountability across the entire organisation on D&I progress
- We’ve got a long way to go, but here’s how we’re doing as of June 2022 - Female Employees - 46% - Ethnic background - 32% - Identify as LGBTQIA - 10% - Neurodivergent - 9%
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