We are seeking a highly engaged and motivated Analyst to join our Merchant Lending team and support the continued expansion of Lending. As a leading merchant capital solutions business that has surpassed the $5 billion milestone, Lending plays a crucial role in empowering entrepreneurs and fueling their growth.

In this role, you will be responsible for conducting thorough financial analysis of lending applicants, assessing credit risk, and ensuring the soundness of lending decisions. Additionally, you will contribute to projects aimed at scaling the platform for long-term growth, making a significant impact on our mission to make commerce better for everyone. You will collaborate with cross-functional teams, including Treasury, Finance, Legal, Recovery, Data Science, and Product. 

We foster a culture of innovation and collaboration, where you will have the opportunity to work alongside some of the brightest minds in tech and finance. 

Responsibilities

• Conduct thorough financial analysis of loan, line of credit and charge card applicants; reviewing financial statements, bank statements, tax returns, and other relevant documents to assess the borrower's ability to repay.

• Identify and evaluate potential risks associated with applications, considering industry-specific risks, market conditions, and borrower-specific factors.

• Collaborate with cross-functional teams, such as sales and customer support, to gather additional information and provide comprehensive assessments.

• Prepare a decision recommendation for senior leadership, summarizing the analysis and assessment of applications and providing a clear recommendation on whether to approve or decline the application.

• Develop and maintain a deep understanding of Shopify Capital, becoming a subject matter expert. 

• Handle highly sensitive and confidential information with a high level of responsibility and integrity.

• Support cross-functional projects focused on credit risk management and operational efficiencies to facilitate continued scale.

Qualifications

• Bachelor's degree in finance, accounting, economics, or a related field or experience in lieu of education.

• 3 +years of experience in underwriting, credit analysis, or a related field 

• Strong analytical and problem-solving skills, with the ability to interpret complex financial data.

• Knowledge of financial analysis techniques, credit assessment methodologies, and risk evaluation frameworks.

• Proficiency in using spreadsheet software (e.g., Microsoft Excel, Google Sheets). 

• Excellent attention to detail.

• Strong written and verbal communication skills to effectively present findings and recommendations.

• Ability to work independently and manage multiple tasks within tight deadlines.

• Resourcefulness and the ability to find solutions even when faced with ambiguous situations.

• Adaptability to new processes and the ability to work accurately in a fast-paced, rapidly changing environment.

• Familiarity with lending regulations and compliance requirements is a plus.