Merchant Onboarding & Risk Underwriter

UNIPaaS Payments Technologies Ltd.; Greater London; Hybrid; GBP 28,000 - 40,000; Full time

Benefits offered by this job

Hybrid working

UK's fastest-growing embedded payments

Exposure to leading payment providers

Collaborative, growth-oriented team

Job summary

Unipaas is seeking an enthusiastic Underwriting Coordinator to join our Risk & Compliance team in London. This role is central to merchant onboarding and ongoing monitoring, ensuring reviews align with our risk appetite, regulatory obligations, and acquirer requirements.

You will work across internal teams and external partners, applying strong analytical skills to support onboarding, KYC checks, and due diligence while maintaining precise records and clear audit trails.

Qualifications

• Minimum two years’ experience in the payments industry.
• Strong knowledge of KYC, AML, sanctions screening, PEP reviews.
• Understanding of merchant onboarding and ongoing monitoring.
• Analytical, investigative, and critical-thinking skills.
• Excellent written and verbal communication.
• Strong organisational skills in a fast-paced environment.
• Willingness to learn new systems and technology.
• Team-oriented mindset and contribution to growth.

Responsibilities

• Support end-to-end merchant onboarding: document collection, verification, risk assessment.
• Conduct KYC and Enhanced Due Diligence checks on merchants, directors, and UBOs.
• Perform sanctions, PEP, and adverse media screening.
• Review merchant models, ownership, risk categories, and payment flows.
• Liaise with acquirers and banks to resolve onboarding queries.
• Support transaction limit reviews, financial assessments, and credit risk analysis.
• Carry out ongoing monitoring, including reviews and fraud analysis.
• Maintain records and audit trails; escalate suspicious activity.
• Suggest improvements to underwriting workflows and tools.

Job description

Unipaas is seeking an enthusiastic Underwriting Coordinator to join our Risk & Compliance team in London. This role is central to merchant onboarding and ongoing monitoring, ensuring reviews align with our risk appetite, regulatory obligations, and acquirer requirements.

You will work across internal teams and external partners, applying strong analytical skills to support onboarding, KYC checks, and due diligence while maintaining precise records and clear audit trails.