Our client is seeking a highly motivated and experienced Underwriting Manager to lead a growing team within the Payments Division of a well-established financial institution. Reporting to the Payments Risk Manager this role is responsible for driving a sound data-informed underwriting strategy across sponsored partners and their clients. The ideal candidate will combine deep industry knowledge with strong leadership and operational acumen to balance growth with risk management excellence.
Key Responsibilities
Team Leadership
Manage coach and develop a team of underwriters in a collaborative performance-driven environment.
Provide training guidance and continuous development opportunities to enhance team capability and effectiveness.
Underwriting Process Management
Oversee risk-based underwriting procedures ensuring consistency accuracy and compliance.
Analyze underwriting performance and identify opportunities for process improvement and efficiency gains.
Technology & Process Optimization
Partner with vendors and internal stakeholders to maintain and enhance underwriting platforms and technologies.
Lead system upgrades and automation initiatives to streamline workflows and improve decision quality.
Risk Assessment & Compliance
Direct the evaluation of partners and their merchants or clients ensuring compliance with card brand rules internal policies and risk best practices.
Make informed underwriting decisions leveraging data analytics and risk indicators.
Strategic Growth & Business Partnership
Collaborate with senior leadership to develop and execute strategies that promote growth while maintaining appropriate risk controls.
Monitor market partner and regulatory trends to adjust underwriting approaches proactively.
Reporting & Analysis
Prepare and present regular reports on underwriting performance risk trends and process metrics.
Use insights to guide policy adjustments and strategic initiatives.
Cross-Functional Collaboration
Partner closely with business development operations risk and compliance teams to align underwriting activities with organizational goals.
Serve as a key point of contact for internal and external stakeholders regarding underwriting matters.
Requirements
Bachelors degree in Finance Business Administration or a related field (advanced degree preferred).
5 years of underwriting experience within the payments merchant acquiring or sponsor bank environment.
Demonstrated leadership experience managing underwriting or risk teams.
Strong analytical skills and ability to translate data into actionable insights.
Proven ability to identify recommend and implement process improvements.
Excellent communication and interpersonal skills; adept at relationship-building across teams.
Familiarity with underwriting technologies data analysis tools and CRM systems.
In-depth understanding of payments risk management compliance and card network requirements.
Proficiency with standard business software (e.g. Microsoft Office Suite).
Required Experience:
Manager
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