Talent.com
Electronic Merchant Systems LLC d/b/a Kurv
Senior Merchant UnderwriterElectronic Merchant Systems LLC d/b/a Kurv • Cleveland, OH, United States
Senior Merchant Underwriter

Senior Merchant Underwriter

Electronic Merchant Systems LLC d/b/a Kurv • Cleveland, OH, United States
30+ days ago
Job type
  • Full-time
Job description

Senior Merchant Underwriter

Corporate Office - Cleveland, OH 44113

Overview

Travel Percentage No Travel Category Finance

Description

About the job

The primary focus of the Senior Merchant Underwriter is to review, analyze and make confident credit risk decisions and recommendations for merchant applications and regarding existing merchants. The ideal candidate for this position is a qualified and experienced credit underwriter with a history of reviewing travel, airline and cruise business models.

The successful candidate will also have the ability to understand and apply best practices guidelines; collect and analyze exposure and loss data; respond efficiently and effectively to internal and external requests; maintain all organizational and professional ethical standards; have the ability to spot trends in monitoring and reporting; and communicate results of analysis to business customers and senior management, all while actively advocating and monitoring compliance.

Key Responsibilities:

Credit Risk Assessment:

  • Conduct detailed credit analysis of airline, travel and or cruise operators, including financial statement analysis, cash flow projections, and liquidity assessments.
  • Perform ongoing monitoring of credit exposure and adjust credit terms as necessary.
  • Financial Analysis:
  • Analyze key financial indicators such as profitability, debt levels, and operating margins.
  • Assess market trends and industry conditions that may impact the creditworthiness of our merchants.
  • Prepare detailed credit reports and present findings to senior management.

Risk Mitigation:

  • Develop and implement strategies to mitigate credit risk, including recommending collateral requirements or processing limits.
  • Monitor payment behaviors and take appropriate action in cases of payment delays or defaults.

Decision Making:

  • Approve or decline applications within designated authority limits.
  • Provide recommendations for approvals to higher management when outside of own approval limits.
  • Work closely with risk monitoring team to ensure alignment of credit decisions with transaction processing.

Relationship Management:

  • Build and maintain strong relationships with key stakeholders, including merchants, banks, and internal teams.
  • Serve as a point of contact for commercial teams regarding risk-related inquiries and issues.

Compliance and Reporting:

  • Ensure all underwriting activities comply with company policies, industry regulations, and legal requirements.
  • Maintain accurate records of credit decisions and ensure proper documentation of all underwriting activities.
  • Generate regular reports on credit performance, risk exposure, and underwriting activities for senior management.
Create a job alert for this search

Senior Merchant Underwriter • Cleveland, OH, United States

Similar jobs

Drive with Lyft - Earn on Your Own Schedule

LyftEuclid, Ohio, United States
Full-time +1

Get a maximum of $400 in bonuses in Cleveland.Earn $100 for every 10 rides in 7 days (limit 4).Lyft is a flexible earning opportunity and a platform that connects drivers with individuals that need... Show more

 • Promoted

Complete Online Surveys For Cash (Up to $25/per)

Earn HausEast Cleveland, OH, US
Full-time +1

Looking for people to participate in taking online surveys for Fortune 500 brands.All you need to do is complete online surveys by sharing your opinion.You will help influence brand decisions on se... Show more

 • Promoted

Senior Underwriter, Commercial Insurance Specialty

ChubbCleveland, OH, United States
Full-time

Senior Commercial Lines Underwriter.Chubb is currently seeking a skilled Senior Commercial Lines Underwriter to join its Middle Market Commercial Insurance team.As a Senior Underwriter, responsibil... Show more

 • Promoted

Sr. Middle Market Commercial Underwriter, Account Executive Officer

TravelersIndependence, OH, United States
Full-time

Commercial Accounts Account Executive Officer.Taking care of our customers, our communities and each other.By honoring this commitment, we have maintained our reputation as one of the best property... Show more

 • Promoted

Executive Underwriter, Middle Market Multi-Industry

Liberty Mutual InsuranceCleveland, OH, United States
Full-time

DescriptionThe Executive Underwriter for Middle Market Multi-Industry underwrites policies within underwriting authority, with limited guidance from leadership as needed.Makes decisions on whether ... Show more

 • Promoted

Dashers - Sign Up and Start Earning

DoorDashEuclid, OH, United States

DoorDash is the #1 category leader in food delivery, food pickup, and convenience store delivery in the US, trusted by millions of customers every day.As a Dasher, you’ll stay busy with a variety o... Show more

 • Promoted

Restaurant Delivery - Sign Up in Minutes

DoorDashEuclid, OH, United States

DoorDash is the #1 category leader in food delivery, food pickup, and convenience store delivery in the US, trusted by millions of customers every day.As a Dasher, you’ll stay busy with a variety o... Show more

 • Promoted

Give the Gift of Life – Surrogates Needed, Earn Up to $115,000!

Giving Tree SurrogacyBratenahl, OH, US
Full-time +1

We are looking for a passionate individual with a sense of responsibility and willingness to help create families to join us as a surrogate.In this role, you will be instrumental in supporting indi... Show more

 • Promoted

Earn Side Money at Home Testing Products

Product Review JobsEUCLID, OH, United States
Full-time

Compensation: Varies per assignment.Location: Remote (USA) Company: ProductReviewJobs Thank you for your interest in becoming a Paid Product Tester.This opportunity is for completing market res... Show more

 • Promoted

New Business Non-Profit Underwriter

AmTrust Financial ServicesCleveland, OH, United States
Full-time

Underwrites individual risk for acceptability, pricing, coverage, terms and conditions for nonprofits by developing, analyzing and evaluating information with a high level of authority.Achieves pro... Show more

 • Promoted

Client Relationship Consultant 2 (Banker) Akron OH West Market St

US BankAkron, OH, United States
Full-time

Bank, we're on a journey to do our best.Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.We b... Show more

 • Promoted

Client Relationship Consultant 2 (Banker) Doylestown OH Sign on Bonus $500

US BankDoylestown, OH, United States
Full-time

Bank, we're on a journey to do our best.Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.We b... Show more

 • Promoted

Team Member

Arby'sSouth Euclid, OH, US
Part-time

Think about it you and us? Sounds like it could be a match made in the meat heavens.Shift Meal Discount and Family Dining Discount*.Best-in-Class Training & Continuous Learning.Community & Charita... Show more

 • Promoted

AVP, Underwriting Director, Construction Property

Zurich NAIndependence, OH, United States
Full-time

AVP, Underwriting Director, Construction Property 134816 What can happen when you grow your career? Now's the time to take the next step and make a difference.At Zurich, we want your ideas and e... Show more

 • Promoted

AVP, Underwriting Director - Construction Casualty

Zurich Insurance Company Ltd.Akron, OH, US
Full-time

Zurich is currently seeking an Executive Underwriter or AVP, Underwriting Director – Construction Casualty to join our Midwest Team in one of the following locations: Ohio, Indiana or Michigan.Whil... Show more

 • Promoted

Relationship Banker - 117th and Western Financial Center - Spanish Preferred

Bank of AmericaCleveland, OH, United States
Full-time

Relationship Banker - 117th and Western Financial Center - Spanish Preferred Cleveland, Ohio **To proceed with your application, you must be at least 18 years of age.Lateral-US/job/Cleveland/Rela... Show more

 • Promoted

Underwriting Trainee

National Interstate Insurance CompanyRichfield, OH, United States
Full-time +1

National Interstate is a member of Great American Insurance Group.As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored... Show more

 • Promoted

Senior Merchant Underwriter

Electronic Merchant Systems LLC d/b/a KurvCleveland, OH, United States
Full-time

Corporate Office - Cleveland, OH 44113.Travel Percentage No Travel Category Finance.The primary focus of the Senior Merchant Underwriter is to review, analyze and make confident credit risk decisio... Show more

 • Promoted

Business Development Manager

Slice Merchant ServicesEuclid, OH, US
Full-time

Excellent opportunity to join a leading, national credit card processing company that has over a decade of industry experience.Slice Merchant Services offers innovative payment processing solutions... Show more

 • Promoted

Relationship Banker - Euclid, Willoughby, Mentor, Mayfield Heights, Shaker Heights, Woodmere and

Bank of America CorporationEuclid, OH, United States
Full-time

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.We do this by driving Responsible Growth and delive... Show more