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Sr. Underwriter

Nuvei

Nuvei

Marketing & Communications
Scottsdale, AZ, USA
Posted on Dec 10, 2024

As an Sr. Underwriting analyst, you will review and analyze merchant applications to qualify their credit worthiness. The types of deals reviewed will range from low-risk small business applications to higher risk, higher volume deals. You will follow all Nuvei appropriate credit policies and ensure compliance with boarding guidelines to mitigate overall financial and reputational risk exposures. You will be actively engaged with the Loss Prevention and Sales teams to identify risk and market trends. The successful candidate will have credit/underwriting experience and knowledge, preferably within a payment processing environment.

Main Duties / Responsibilities

  • Verifies merchant application information, coordinating the collection of missing data and documentation. Analyzes and underwrites new merchant applications using different Underwriting tools Re-evaluate existing merchant accounts as requested by the other internal departments
  • Ability to underwrite high risk deals and those that require enhanced due diligence as well as financial/credit risk analysis.
  • Work with partners and merchants to ensure compliance with various industry requirements and communicate adequately underwriting decisions and associated policies.
  • Answer internal and external inquiries with regard to Underwriting issues
  • Contributes to regular staff meetings to discuss merchant accounts, trends, losses, etc. Present ideas to management for continuous improvement of procedures and efficiencies
  • Perform other tasks/duties as assigned