Senior Merchant Underwriter

Senior Merchant Underwriter

About the Role:

We're looking for a Senior Merchant Underwriter that will ensure high risk reviews and merchant applications meet verification and program guidelines. This role is highly detail oriented and requires a strong integrity. A day to day involves reviewing merchant documentation, analyzing financials including balance sheets and income statements, reviewing trends and decisioning applications. The position is dynamic and partners with our merchants to provide a best‑in‑class experience.

• Verify merchant application information, coordinate the collection of missing data and documentation, analyze and underwrite new merchant applications, and re‑evaluate existing merchant accounts as requested by the other internal stakeholders.
• Ensure strict adherence to company policies and procedures, Federal and State regulations, and laws.
• Comply with regulatory requirements, including the Bank Secrecy Act (BSA), Anti‑Money Laundering (AML), Know Your Customer (KYC) and OFAC guidelines, to support the identification, detection, and prevention of fraud, money laundering, and other unlawful activities.
• Read and interpret commercial credit reports to assess merchant risk profiles.
• Analyze business financial statements including balance, income statement, and cash flow.
• Contribute to regular staff meetings to discuss merchant accounts, trends, losses, etc.
• Recommend and help implement process improvements to enhance efficiency, consistency, and decision quality, including leveraging AI‑driven strategies in the application review process.
• Bring a flexible mindset, adapt to changing policy and procedures on a constant basis while maintaining high‑quality work.

• 4+ years of business or merchant underwriting experience.
• 2+ years experience in a payments, financial services or related industry.
• Ability to proficiently analyze financial information and identify concerning trends.
• Team player mentality with a high level of integrity.
• Ability to thrive in a changing and fast‑paced environment.
• Detail‑oriented with excellent verbal and written communication skills.
• Proficiency with Google Sheets, Tableau.

• Competitive salary.
• 100% paid coverage of medical, dental and vision insurance.
• Flexible PTO.
• Competitive 401(k).
• Opportunities for professional growth and development.
• Paid parental leave.
• Health & wellness initiatives.