Remote Enterprise Merchant Underwriter - Risk & Growth

NorthAB LLC; Madison (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

Company-funded Lifestyle Spending

Job summary

North is seeking an Enterprise Merchant Underwriter (Portfolio Management) with advanced underwriting experience in the Payments industry. The role focuses on periodic reviews of high-exposure merchant relationships and presenting findings to senior management.

You will coordinate with sales partners, merchants, and internal teams, while coaching junior underwriters and ensuring service levels. Travel up to 5% is required.

Qualifications

• Bachelor’s Degree in Business, Finance, Accounting (or equivalent combination of education and work experience).
• Minimum 2 Years of Financial Analysis experience in the Payments industry or similar financial services field.
• 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 make business decisions.
• Strong communication and relationship management skills with merchants and partners.
• Ability to handle authority when making underwriting decisions and engage with sales partners and merchants by phone and email.

Responsibilities

• Conduct periodic credit reviews within an assigned portfolio with narrative results and recommendations.
• Perform financial analysis and prepare Credit Risk Assessments with recommendations and risk mitigation.
• Analyze high exposure merchants across diverse business types and processing environments.
• Execute collateral strategies to minimize losses, including reserves and letters of credit.
• Communicate with merchants, sales representatives, internal departments, and management to obtain required documentation.
• Provide Approval Authority support for sign-off requests within your authority.
• Help train and coach underwriting team members and maintain SLAs.
• Monitor the phone queue and engage with sales partners and merchants.
• Review and update department policies based on industry trends.
• Collaborate with ERM team on enhanced due diligence and historical data reviews.

Skills

Financial Analysis

Underwriting

Sales Relationship Management

Credit Risk Assessment

Communication

Multitasking

Team collaboration

Education

Bachelor's Degree in Business, Finance, Accounting

Job description

North is seeking an Enterprise Merchant Underwriter (Portfolio Management) with advanced underwriting experience in the Payments industry. The role focuses on periodic reviews of high-exposure merchant relationships and presenting findings to senior management.

You will coordinate with sales partners, merchants, and internal teams, while coaching junior underwriters and ensuring service levels. Travel up to 5% is required.