Lead Credit Underwriter - Retail

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.

A day in the life (Responsibilities)

Key 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