Corporate Credit Risk Analyst at Alma: job opportunity in Paris

About

At Alma, we are convinced that trade must be well balanced to be sustainable. Because finance has a key role in business, our mission is to put it back in its rightful place : at the service of merchants and consumers!

That’s why we create financial products that empower merchants to sell more, and help consumers purchase better products while never encouraging them to get over-indebted.

Our tech solutions are accessible to all, easy to implement, and that eliminate purchase friction.

For merchants, our instalment and deferred payment solutions are excellent ways of increasing customers' loyalty and satisfaction, as well as generating up to 20% extra sales revenues without any risk.

For consumers, the purchase experience is enhanced (4.8/5 on Trustpilot) and Alma helps them handle their budget easily. They pay later, Alma pays the merchants right away.

We are the leader in France, on track to win the European market on the (very) powerful Buy Now Pay Later (BNPL) industry, as we’re now processing payments in 10 European countries. Over the past 5 years, more than 16,000 active merchants have chosen Alma to be their innovative BNPL solution, and we have served over 5 million consumers.

The team has grown from 2 to 300+ people, we raised a €115M series C early 2022 to help us accelerate further and Alma is already part of the French Tech 120 ranking of the most promising French technology companies. And that's only the beginning.

Job Description

🎯 About the position

Risk Process team mission

Our mission is to accompany Alma on the path to sustainability while enabling business growth, by anticipating and preventing any risk associated to the merchants we work with that could endanger the company and the business.

In short, that means:

Build tools and processes that allow us to accurately assess the risk level of our merchants, at the onboarding ;
Continuously improve our monitoring process to ensure we can protect our company and final customers against any risk from our existing merchants;

Your mission

As a Corporate credit risk analyst, you will play a pivotal role in safeguarding the financial interests and reputation of our organisation by assessing and managing risks associated with large/enterprise merchants.

You will be responsible of:

Risk Assessment: Evaluate the risk associated with each merchant owned by the enterprise sales team by analyzing various factors such as transaction volume, company financial health, industry type, geographical location, and historical behavior.
Monitoring and Surveillance: Continuously monitor merchant activities and transactions
Portfolio Optimization: Optimize the merchant portfolio by identifying high-risk merchants and taking appropriate actions, such as imposing transaction limits, increasing reserve funds, or terminating relationships, to minimize potential losses.
Collaboration and Communication: Work closely with cross-functional teams, including sales, customer success, legal, Ops, finance and compliance departments, to share insights, address concerns, and develop effective risk management strategies.
Data Analysis and Reporting: Analyze data related to merchant activities, trends, and performance metrics to generate actionable insights and reports
Continuous Improvement: Stay abreast of industry trends, emerging risks, and best practices in merchant risk management to continuously enhance processes, policies, and technologies for better risk mitigation.
Project Management: Implement new tools and processes to keep a high level performance on risk assessment while reducing ops cost.

Overall, your main mission is to proactively identify, assess, and mitigate risks associated with the merchant portfolio to ensure the security, integrity, and profitability of Alma.

Main interactions / stakeholders

Merchant Fraud team
Sales and account management teams
Operations team
Compliance/Legal team
Finance team
Product team
Risk modeling team

🤝 About you

Skills & knowledge

Business-oriented: the fact that something could work better does not always mean that it should. You focus your actions on what will have the biggest impact and are comfortable letting small fires burn.
Project management: you are a top of the league Project Manager, knowing how to frame, drive, and deliver a demanding and multiple team’s project
Impact-driven: you know how to prioritise your tasks, define key results to achieve, and focus on what matters most
Interpersonal skills: you know how to navigate in an organisation and federate stakeholders to move your projects forward
Doer mindset: you are not afraid of taking responsibility and getting your hands dirty
Problem-solving & creative: you know how to breakdown challenges into smaller issues and make your way by proactively suggesting workarounds
Autonomous: you take responsibility for your ideas and actions, and you dare to take decisions.
Team player: you enjoy working with people at any level in the organisation, without hierarchical authority.

Your experience

You have at least 3 years of experience with a proven track record in a Fintech, Payment Provider, Bank, consulting firm, or another fast-paced work environment
French speaker (native or proficiency)
Fluent in English, is a must
You are familiar with Enterprise financial analysis
You are familiar with SQL

🚀 About the recruitment process

Interview with a member of our Talent Acquisition team
Interview with the Head of Fraud, AML-CFT & Merchant Risk
Business Case
Interview with the VP - Funding, Capital Optimization & Risk

Corporate Credit Risk Analyst

Alma is hiring!