Senior Underwriter
$65,000–$68,500 year
On-siteAnaheim, California, United States
Job Summary
Independently review complex, high-volume, high-risk merchant applications by analyzing creditworthiness, financial stability, and operational risk. Interpret credit reports, financial statements, and supporting documentation to evaluate card-not-present, e-commerce, and recurring billing models. Approve, pend, decline, or recommend conditions within assigned authority levels while providing clear rationale for complex decisions. Partner with Risk, Compliance, Sales, and sponsor banks to resolve exceptions and identify fraud or prohibited activity. Support team training, application calibration, and quality reviews to improve decision consistency and adherence to guidelines. Identify trends and update underwriting procedures as needed.
Required Qualifications
- Advanced knowledge of merchant services underwriting, credit analysis, and payment-processing risk
- Strong understanding of merchant business models, transaction risk, chargebacks, fraud exposure, and sponsor bank requirements
- Ability to interpret complex financial statements, tax returns, bank statements, processing histories, and corporate structures
- Strong judgment and ability to make defensible decisions when information is incomplete or risk factors conflict
- Ability to recognize higher-risk industries, prohibited activities, unusual ownership structures, and potential misrepresentation
- Excellent analytical, investigative, and problem-solving skills
- Excellent written communication and ability to document detailed underwriting rationale
- Ability to provide constructive guidance and explain complex underwriting decisions
- Strong organization and time-management skills in a high-volume environment
- Ability to work independently and manage competing priorities
- Strong working knowledge of Microsoft Office, Adobe Acrobat, CRM platforms, and third-party underwriting tools
- 3+ years of merchant services underwriting experience
- Experience independently reviewing complex or elevated-risk merchant applications
Desired Qualifications
- Experience with financial analysis, reserves, exceptions, conditional approvals, and underwriting escalations
- Experience mentoring or training junior underwriters
- Experience using TSYS systems
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