Senior Merchant Underwriter

Kurv; Cleveland (OH); On-site; USD 90,000 - 120,000; Full time

Job summary

Kurv in Cleveland, Ohio is seeking a Senior Merchant Underwriter to review merchant applications and ongoing credit risk for travel, airline, and cruise operators. The role requires applying best practices, collecting and analyzing exposure and loss data, and ensuring ethical standards in all decisions.

You will prepare credit reports, monitor risk, and collaborate with risk teams to support compliant, well-informed credit decisions for senior management.

Qualifications

• Experience reviewing travel, airline and cruise business models.
• Ability to collect and analyze exposure and loss data while applying best practices guidelines.
• Maintain ethical standards and communicate results to management.

Responsibilities

• Conduct detailed credit analysis of airline, travel and/or cruise operators, including financial statement analysis and cash flow projections.
• Monitor credit exposure and adjust terms as needed.
• Prepare detailed credit reports and present findings to senior management.

Skills

Credit analysis

Financial analysis

Risk mitigation

Credit risk assessment

Stakeholder communication

Regulatory compliance

Job description

The primary focus of the Senior Merchant Underwriter is to review, analyze and make confident credit risk decisions and recommendations for merchant applications and regarding existing merchants. The ideal candidate for this position is a qualified and experienced credit underwriter with a history of reviewing travel, airline and cruise business models.

The successful candidate will also have the ability to understand and apply best practices guidelines; collect and analyze exposure and loss data; respond efficiently and effectively to internal and external requests; maintain all organizational and professional ethical standards; have the ability to spot trends in monitoring and reporting; and communicate results of analysis to business customers and senior management, all while actively advocating and monitoring compliance.

Key Responsibilities

Credit Risk Assessment

• Conduct detailed credit analysis of airline, travel and or cruise operators, including financial statement analysis, cash flow projections, and liquidity assessments.
• Perform ongoing monitoring of credit exposure and adjust credit terms as necessary.

Financial Analysis

• Analyze key financial indicators such as profitability, debt levels, and operating margins.
• Assess market trends and industry conditions that may impact the creditworthiness of our merchants.
• Prepare detailed credit reports and present findings to senior management.

Risk Mitigation

• Develop and implement strategies to mitigate credit risk, including recommending collateral requirements or processing limits.
• Monitor payment behaviors and take appropriate action in cases of payment delays or defaults.

Decision Making

• Approve or decline applications within designated authority limits.
• Provide recommendations for approvals to higher management when outside of own approval limits.
• Work closely with risk monitoring team to ensure alignment of credit decisions with transaction processing.

Relationship Management

• Build and maintain strong relationships with key stakeholders, including merchants, banks, and internal teams.
• Serve as a point of contact for commercial teams regarding risk-related inquiries and issues.

Compliance and Reporting

• Ensure all underwriting activities comply with company policies, industry regulations, and legal requirements.
• Maintain accurate records of credit decisions and ensure proper documentation of all underwriting activities.
• Generate regular reports on credit performance, risk exposure, and underwriting activities for senior management.