Remote Senior Underwriter - Complex Merchant Risk

Socket.dev; Alpharetta (GA); On-site; USD 75,000 - 102,000; Full time

Benefits offered by this job

Bonus programs

401(k) match

HSA and FSA options

Medical, dental, and vision coverage

Gym membership reimbursement

Unlimited PTO

Job summary

Priority Commerce is seeking a Senior Underwriter to independently evaluate risk on large merchant accounts, using financial statements, banking data, processing history, and credit reports to determine underwriting strategies. You will lead comprehensive reviews and prepare detailed credit packages for internal and external approval.

You will apply Card Brand requirements, develop risk mitigants, and balance commercial objectives with prudent risk management.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience, with 5+ years of relevant underwriting, credit, risk, payments, or financial services experience.
• Experience interpreting and applying underwriting policies, Card Brand requirements, and risk-management standards to complex and non-standard situations.
• Demonstrated ability to analyze complex financial, credit, operational, and transactional information, evaluate alternatives, and exercise sound independent judgment in making risk-based recommendations and decisions.
• Ability to assess significant financial and operational risk, balance competing business considerations, and determine an appropriate course of action within established authority and risk parameters.
• Ability to negotiate and structure risk-mitigation solutions, including reserves, ACH delays, and other appropriate controls based on the underlying risk.
• Ability to provide expert guidance and recommendations to management and business partners regarding complex credit, underwriting, and risk matters.

Responsibilities

• Own and manage the end-to-end underwriting and credit process for large, complex merchant accounts, exercising independent judgment to make or recommend risk-based decisions within delegated authority.
• Evaluate overall merchant risk by analyzing business models, transaction volumes, processing structures, financial statements, banking data, processing history, and credit information.
• Interpret and apply Card Brand requirements and company policies across Merchant, Payment Facilitator, and Marketplace models.
• Determine and negotiate appropriate approval structures and risk mitigants, including reserves, ACH delays, and other conditions.
• Serve as a subject-matter expert by providing guidance to management, sales partners, and junior underwriters on complex credit and risk matters.
• Identify, investigate, and mitigate potential fraud by analyzing trends, transaction activity, and documentation.

Skills

Underwriting

Credit analysis

Fraud detection

Risk management

Card Brand compliance

Independent judgment

Education

Bachelor’s degree or equivalent

Job description

Priority Commerce is seeking a Senior Underwriter to independently evaluate risk on large merchant accounts, using financial statements, banking data, processing history, and credit reports to determine underwriting strategies. You will lead comprehensive reviews and prepare detailed credit packages for internal and external approval.

You will apply Card Brand requirements, develop risk mitigants, and balance commercial objectives with prudent risk management.