Remote Enterprise Merchant Underwriter | Portfolio Risk

NorthAB LLC; Town of King (WI); Remote; USD 75,000 - 81,000; Full time

Benefits offered by this job

Medical, Dental, & Vision Coverage

Flexible Paid Time Off

401(k) + Match

Mental Health Support & Well-Being

Paid Maternity & Paternity Leave

Education Assistance

Lifestyle Spending Account

Job summary

North is seeking an Enterprise Merchant Underwriter (Portfolio Management) for a remote role focused on high-exposure merchant reviews and risk-based due diligence within the payments space. The position involves financial analysis, risk assessments, and presenting findings to senior management, while training teammates and ensuring service levels are met in a dynamic environment.

Candidates should have 5+ years in underwriting or financial data analysis, 2+ years in sales relationship

Qualifications

• Bachelor’s degree in Business, Finance, or Accounting (or equivalent).
• Minimum 2 years of financial analysis experience in the Payments industry or financial services.
• Minimum 5 years of experience in a commercial underwriting environment or analyzing financial data.
• Minimum 2 years of Sales Relationship management experience highly preferred.
• Ability to interpret key financial indicators to support business decisions.
• Excellent conflict resolution skills and emotional intelligence for managing relationships with merchants, staff and external partners.

Responsibilities

• Conduct periodic credit reviews within an assigned portfolio and quantify results in a narrative format based on processing models, metrics and detailed financial analysis.
• Perform financial analysis and prepare Credit Risk Assessments of existing merchants with detailed recommendations and risk mitigation strategies.
• Analyze high exposure merchants with varying risk dependencies and credit quality across diverse business types.
• Execute against Credit Policy driven collateral strategies to minimize losses (reserves, letters of credit, funding holds).
• Communicate effectively with merchants, sales representatives, internal departments, and management to obtain financial information or documentation.
• Provide Approval Authority support for sign-off requests from teammates above their authority but within yours.
• Help train and coach underwriting team members.
• Ensure service level agreements are met.
• Monitor the phone queue taking inbound/outbound calls to sales partners and merchants.
• Review/update department policies and procedures based on industry trends or process changes.
• Work with ERM department personnel for enhanced due diligence reviews or to obtain historical data and feedback on accounts.
• Other duties as assigned by Portfolio Management leadership.

Skills

Advanced underwriting

Financial analysis

Sales relationship management

Communication skills

Conflict resolution

Multitasking

Critical thinking

Team player

Flexibility

Education

Bachelor’s Degree in Business, Finance, Accounting

Job description

North is seeking an Enterprise Merchant Underwriter (Portfolio Management) for a remote role focused on high-exposure merchant reviews and risk-based due diligence within the payments space. The position involves financial analysis, risk assessments, and presenting findings to senior management, while training teammates and ensuring service levels are met in a dynamic environment.

Candidates should have 5+ years in underwriting or financial data analysis, 2+ years in sales relationship