Sr. Underwriter

Sr. Underwriter

The Sr. Underwriter will be responsible for reviewing merchant applications and conducting appropriate due diligence, ensuring accuracy and adherence to company and sponsor bank guidelines. The Senior Underwriter will work closely with team members, management and across other areas of the organization to deliver strong performance in regards to the underwriting and onboarding process, and contribute to the overall success of the department. The role will also be responsible for helping drive process improvements, support team and company wide initiatives, and leverage a data based approach to deliver ongoing improvement on KYC / KYB / onboarding capabilities.

Essential Duties & Responsibilities

• Evaluate underwriting packages to ensure that all necessary documentation has been provided in accordance with partner guidelines
• Ability to analyze and generate department related reports (MATCH, TIN, Credit Reports, OFAC)
• Assess and document findings related financial analysis and risk exposure calculations
• Work closely with Team Leads and Management on escalated issues and partner concerns
• Foster a positive and collaborative work environment to enhance overall team performance
• Identity emerging risk trends in the payments and underwriting landscape to proactively provide feedback around risk frameworks
• Conduct in-depth financial statement analysis, including cash flow, balance sheets, and income statements, to assess merchant creditworthiness
• Apply advanced risk management principles to evaluate risk exposure across portfolios
• Support leadership with projects or department lead trainings
• Ensure compliance and understanding of department and company policies and procedures
• Drive continuous improvement initiatives focused driving customer while mitigating risk
• Identify opportunities to streamline underwriting workflows and enhance operational efficiency through technology and process innovation

Correspondences and Reporting

Requirements