FinTech Risk Underwriter — Hybrid Role with Growth

XOALA; Stockholms kommun; Hybrid; SEK 600,000 - 900,000; Full time

Benefits offered by this job

Hybrid work model

Healthcare/Wellness allowance

Birthday day off

Dynamic career growth

Job summary

XOALA, a global Neobank-EMI with offices across Sweden, is seeking an experienced Risk Underwriter to gatekeep merchant onboarding and risk assessment. You will assess merchant applications for suitability and risk, ensuring compliance with KYC, card schemes, and anti-fraud controls.

You will analyze financial statements, review merchant bank statements, and provide detailed underwriting reports to support management decisions. Hybrid work options are available.

Qualifications

• 3–5 years hands-on underwriting experience in FinTech/payments.
• Knowledge of KYC, Card Schemes rules, Beneficial Ownership and CDD.
• Ability to read and evaluate complex financial statements.
• Strong English business fluency and attention to detail.

Responsibilities

• Review new merchant applications promptly.
• Manage underwriting pipelines and assigned accounts.
• Coordinate with internal and external sales agents and merchants to resolve items.
• Apply KYC requirements, Card Schemes rules, FINCEN Beneficial Ownership guidance and CDD.
• Analyze consumer credit reports and Mastercard MATCH and Visa VMASS systems.
• Read and evaluate complex Financial Statements and merchant processing statements.
• Identify fraud and chargeback exposure using underwriting tools.
• Provide underwriting reports and KPIs for management.
• Assist in training and maintaining underwriting policies and procedures.
• Monitor fraud trends and partner with Risk to prevent post-approval issues.

Skills

Underwriting

KYC knowledge

Credit risk analysis

Fraud detection

Education

Bachelor's degree in Finance

Tools

Mastercard MATCH

Visa VMASS

Job description

XOALA, a global Neobank-EMI with offices across Sweden, is seeking an experienced Risk Underwriter to gatekeep merchant onboarding and risk assessment. You will assess merchant applications for suitability and risk, ensuring compliance with KYC, card schemes, and anti-fraud controls.

You will analyze financial statements, review merchant bank statements, and provide detailed underwriting reports to support management decisions. Hybrid work options are available.