The Underwriting team reviews merchant applications, practices KYC, and conducts due diligence to ensure accounts are set up correctly. Members manage their workload, ensuring productivity and quality standards are met daily.
Responsibilities
Conduct due diligence reviews of applications
Validate documents using online resources
Manage hold queue and request documents
Stay current with bank requirements and risk trends
Review merchant applications in accordance with policies
Assess applications and recommend approval or decline
Review incoming merchant applications daily
Review and analyze credit and financial reports
Prepare written summary analysis
Apply underwriting criteria to applications
Utilize problem-solving skills
Review merchant applications for required information
Review applications with risk management
Assist in completing reports
Ensure daily completion of work in queue
Requirements
Experience with Microsoft Office Suite and Google Suite
Strict attention to detail
Experience in analyzing financial statements
Excellent communication skills
Problem-solving and critical thinking abilities
Ability to handle multiple tasks
High school diploma or equivalent
Minimum 2 years underwriting and/or risk management experience