1d ago
Senior Underwriter – Merchant Services
Newark, NJ 07102
$120k-$120k / year
full-timemid Hybridfinance
💼 About This Role
You'll assess risk and analyze merchant applications for a leading payment solutions provider. Your core impact will be making approval decisions that protect the business while enabling merchants to thrive, and you'll mentor junior underwriters in a fast-paced hybrid environment.
🎯 What You'll Do
- Review merchant applications and supporting documents for risk indicators
- Analyze credit reports, bank statements, and processing history
- Make recommendations on account approvals, holds, or declines
- Collaborate with risk, sales, and operations teams to optimize processes
📋 Requirements
- 2+ years of underwriting experience in merchant services or payments
- Strong understanding of risk assessment, KYC/AML, and credit analysis
- Ability to interpret financial documents accurately
- Experience in a fast-paced, high-volume underwriting environment
✨ Nice to Have
- Familiarity with payment processing platforms and chargeback trends
- Experience with automated underwriting tools
- Bachelor's degree in finance, business, or related field
🚩 Heads Up
- Mentions 'Senior' title but requires only 2 years of experience
- Mentions both senior underwriter and mentor duties, possibly role mixing
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