Underwriter, Finance & Banking

Overview

We are a technology‑driven company that empowers people and improves organizations through payments. We provide smart, simple payment‑processing tools and products. Our mission is to give companies the tools they need to change the future of their business.

• Review submitted accounts in accordance with regulatory merchant standard policies and sponsor bank’s policy.
• Periodically review existing merchants to ensure compliance with underwriting guidelines and risk standards.
• Present risk mitigation techniques to minimize financial loss exposure to the bank when creating or approving proposed risk structures for a merchant account.
• Work with underwriters at sponsor banks and risk managers to manage the risk structure imposed on accounts.
• Independently make credit risk decisions for approval, credit holds or declines of merchant applications.
• Communicate underwriting approval and decline decisions effectively in both verbal and written communication.
• Analyze credit and financial statements.
• Credit authority of $100,000.
• Perform quality controls on submitted merchant applications.
• Track and manage workflow of all pending accounts weekly.
• Perform other duties and projects as assigned.
• Provide operational assistance when a merchant needs to be added to the watchlist, limits change and account closure.
• Provide various reporting to management.

• Excellent analytical skills, strong attention to detail.
• Ability to function in a fast‑paced, changing environment with multiple priorities.
• Detail oriented and prioritize tasks appropriately.
• Sense of ownership and pride in performance and its impact on company success.
• Team player.
• Highly proficient verbal and written communication skills.
• Strong technical aptitude and willingness to learn.
• Strong interpersonal skills for interacting effectively with key internal and external contacts.
• Judgment and resourcefulness to solve problems independently.

• +6 months of relevant experience.
• Experience underwriting merchant services accounts preferred.
• Advanced computer skills and proficiency in Microsoft Office.
• Knowledge of the acquiring credit card business with respect to industry trends, business risk factors, merchant signing requirements and other operational procedures associated with booking merchants.

• Bachelor’s degree preferred.

Mid-Senior level

Full-time

Finance and Sales