The role of Underwriter analyzes new merchant applications to determine whether an application meets the company’s credit risk policy requirements for acceptance or not.
Position Summary: The role of Underwriter analyzes new merchant applications to determine whether an application meets the company’s credit risk policy requirements for acceptance or not. You will identify the appropriate approval terms to mitigate risk exposure and you will be actively engaged with the risk management team to identify risk trends for new submissions. The ideal candidate will be a strong team player and ideally have management skills, assisting in the day to day workload of the department and ensuring Service Level Agreements (SLAs) are met. In addition, a successful candidate will have a proven history of implementing fraud and risk process improvements, and a strong knowledge of detecting fraudulent applications. Intimate knowledge of the inherent risks associated with certain business verticals is critical to properly identify the required due-diligence to accept both low and high risk merchant types.
Essential Duties and Responsibilities: To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions