Risk, Underwriter

**About Drip Capital**: Empowering SMEs in Global Trade At Drip Capital, we’re redefining the future of cross-border trade financing for small and medium-sized enterprises (SMEs).

With the global SME trade market valued at a staggering $5 trillion, we’re on a mission to empower businesses in developing markets with the capital to scale internationally. No more red tape. No more slow, outdated processes. By harnessing cutting-edge technology, we make accessing trade financing fast, seamless, and hassle-free. Our goal is simple: to break down barriers, simplify the process, and fuel your international growth. With headquarters in Palo Alto, California, and offices in India and Mexico, Drip Capital is perfectly positioned to serve the rapidly growing needs of SMEs across emerging markets.

Backed by top investors including Accel, Peak XV, Wing VC, Sequoia India, Y Combinator, GMO, SMBC Japan, Barclays, and IFC, we’re driving the future of trade finance. With over $7 billion facilitated across more than 10,000 buyers and sellers in the past seven years, Drip is creating new pathways to global business growth

Drip Capital's risk function aims to effectively identify, monitor, evaluate, and manage a business’s financial risk. Operating in a fast-changing environment and utilizing the best-in-class risk framework, risk teams are analytically curious, have an aptitude for challenges, and have an unwavering commitment to excellence. Risk Function focuses on giving the firm clarity on the risk profile of our activities and devising strategies to protect the firm’s ability to serve our clients effectively. Embedded in everything we do, risk management is key to effectively identifying, monitoring, and anticipating the diverse array of risks the firm faces in serving clients and operating its global businesses, including credit risk, fraud strategy, and collections risk. An integral part of Drip’s finance business is to make contact with buyers (or importers), run verifications and confirmations as required by our Risk policy, to onboard them to our system, and build a long-term relationship for future business opportunities.

**Your Role**:

- Create, review, and maintain complex credit policies that improve the underwriting process while mitigating potential risks
- Innovate on the existing framework to allow for high, continued scalability.
- Maintain strong working knowledge of the company's policies and procedures and identify exceptions to a policy with potential resolutions.
- Responsible for the entire lifecycle of underwriting factoring transactions from pre-clearing, due diligence, approval, and funding, to post-close monitoring, including:
- Identify, collect, and complete an in-depth analysis of all documents necessary for transaction requests.
- Verify and evaluate the prospect's legal structure, financial statements, collateral, accounts receivables aging, permits, lien waivers, or other credit data.
- Rate the degree of risk involved, make a credit decision, and develop the optimal factoring package for each transaction.
- Manage signing and funding of the transaction agreement with all parties, and any necessary post-close line items, including acting on behalf of the servicing and collections team as needed.
- Build and monitor credit transaction KPIs on a regular basis to ensure portfolio performance.
- Analyze portfolio to continuously monitor concentration risks.
- Contribute to regular discussions with internal teams to create a strong collaborative environment and align proper expectations and usage of credit.

**Our Checklist**:

- 2-3 years of extensive knowledge of credit risk underwriting, small business lending, credit policies in Banks or Financial Institutions or other Fintechs
- Must have hands-on experience in credit analysis, credit appraisal, credit underwriting, and monitoring
- A good understanding of risk, credit policies, and procedures.
- Strong lending background in MFI or NBFCs only with a knack for working with concrete data
- Willingness to learn/adapt to technological platforms