Lead Credit Underwriter - Retail
Toast
Bengaluru , Karnataka , IndiaPosted 1 month ago
Skill Required
G & A : Fintech Riskrelated fieldEngineeringObservabilitySnowflakeTableauPythonLookerdesignSQLAI
Key highlights
- 5+ years of experience required in credit underwriting for counterparty risk, financial analysis, or risk management
- Competitive compensation and benefits programs with flexible total rewards package
- Bachelor's degree in Finance, Accounting, Economics, Data Science, or a related field required
- Hybrid work model that fosters in-person collaboration while valuing individual needs
- Proficiency in SQL, Python, Hex, Snowflake, and BI tools (Looker, Tableau) required
- Access to AI tools across all disciplines to support work
Role overview
Toast creates technology to help restaurants and local businesses succeed in a digital world, helping business owners operate, increase sales, engage customers, and keep employees happy. The role involves reviewing financial statements to evaluate creditworthiness of counterparties in the retail sector, writing credit memos, monitoring financial health, and collaborating with data, finance, product, and engineering teams to improve underwriting efficiency.
Responsibilities
- Review financial statements (P&L, balance sheet, cash flow) to evaluate the creditworthiness of counterparties in retail sector
- Calculate and interpret key ratios such as leverage, liquidity, and coverage to assess financial risk
- Write clear, concise credit memos with risk assessments and approval recommendations
- Determine reserve levels and set exposure limits based on the financial profile and risk tolerance
- Monitor counterparties for changes in financial health, operating metrics, or market signals
- Research and analyze existing debt obligations using public records, credit reports, or proprietary tools
- Identify and escalate key risk indicators to the Credit Committee, with supporting data and rationale
- Build and maintain monitoring frameworks tailored to different merchant risk profiles and business models
- Define and configure alerting mechanisms for early detection of deteriorating credit quality
- Use SQL, Python, and business intelligence tools (e.g., Looker, Hex) to query and analyze risk data
- Work with Snowflake-based data environments to extract insights and develop risk dashboards
- Collaborate with data, finance, product and engineering teams to improve underwriting efficiency and transparency
- Stay up to date on macro trends, industry developments, and emerging credit risks across sectors
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Data Science, or a related field
- 5+ years of experience in credit underwriting for counterparty risk, financial analysis, risk management
- Strong foundation in financial modeling and credit ratio analysis
- Proficiency in querying and analyzing data using SQL, Python, and platforms like Hex and Snowflake
- Experience working with BI tools such as Looker, Tableau, or similar
- Demonstrated ability to make independent, data-backed underwriting decisions
Nice to have
- CFA or CPA
- Experience with a focus on SMBs
Benefits
- Competitive compensation and benefits programs designed to attract, retain, and motivate talent
- Total rewards package that supports a healthy lifestyle with flexibility to meet changing needs
- Access to AI tools across all disciplines to empower building for customers faster, more independently, and with higher quality
- Hybrid work model that fosters in-person collaboration while valuing individual needs
- Strong culture of connection and collaboration to empower the hospitality community
- Commitment to diversity, equity, and inclusion embedded in company culture
- Reasonable accommodations provided for persons with disabilities to enable access to the hiring process (contact candidateaccommodations@toasttab.com)
Additional details
- Company: Toast — creates technology to help restaurants and local businesses succeed in a digital world
- Hiring process uses AI tools to support recruiters and interviewers with tasks like note-taking, summarization, and documentation of interviews; all hiring decisions are made by people
- AI at Toast: one of company values is being hungry to build and learn; learning new AI tools empowers building for customers faster, more independently, and with higher quality; provided across all disciplines from Engineering and Product to Sales and Support
- Total rewards philosophy: strive to provide competitive compensation and benefits programs to attract, retain, and motivate the best and brightest in the industry
- Hybrid working approach: embrace a hybrid work model that fosters in-person collaboration while valuing individual needs; goal is to build a strong culture of connection
- Diversity, Equity, and Inclusion is baked into the recipe for success; employees are the secret ingredient and the company embraces the diversity of the restaurant industry with authenticity, inclusivity, respect, and humility
- We Thrive Together: embrace hybrid work model fostering in-person collaboration while valuing individual needs
- Toast is committed to creating an accessible and inclusive hiring process
- For roles in the United States, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment; an employer who violates this law shall be subject to criminal penalties and civil liability
- Links referenced: https://careers.toasttab.com/toast-benefits, https://careers.toasttab.com/ai-in-hiring, https://careers.toasttab.com/locations-toast