Underwriter

Orem, UT - USA

Monthly Salary: Not Disclosed

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

Underwriter

In person in Orem UT

Nexio is looking for an Underwriter to join our team! This person will play a key role in the merchant onboarding process by evaluating researching and determining a merchants level of risk. An Underwriter decides whether a merchant account should be approved and verifies a merchants identity through various security processes.

Responsibilities

Collect accurate information to assess the risk level of potential merchants
Review and underwrite merchant applications to ensure documentation is complete accurate and compliant
Perform identity verification and KYC/security checks including merchant security calls
Analyze processing history financial statements and business metrics to evaluate underwriting risk
Request additional documentation as needed to meet CMS bank and regulatory requirements
Compile merchant documentation into complete underwriting packages for sponsoring banks
Communicate with sales agents and other stakeholders to resolve pending applications
Submit approved accounts for boarding and assist with setup in systems such as TSYS or First Data (Fiserv)
Support audits and collaborate with Compliance/Risk teams to meet ongoing bank requirements
Participate in ongoing training to stay current on underwriting policies card brand rules and regulatory standards

Qualifications

Strong written and verbal communication skills with comfort working cross-functionally
High proficiency in computer systems and ability to learn third-party underwriting tools
Detail-oriented with the ability to work independently under pressure and meet deadlines
Comfortable reviewing business metrics and evaluating risk in a fast-paced environment
Payments industry experience is a plus including familiarity with Agreement Express TSYS or First Data

What is Nexio

Nexio transforms payment chaos into simplicity giving merchants the freedom to focus on what truly matters to themgrowing their business. From smoothing out inefficiencies to securing seamless transactions Nexio helps turn payments into a businesss competitive edge.

Benefits

Unlimited PTO
Medical Dental Vision Life STD and LTD insurances; 5% 401k match HSA match.
Free therapy for employees and their dependents
Nail Tech Barber Massage Therapist on-site
Costco snacks for days!

UnderwriterIn person in Orem UTNexio is looking for an Underwriter to join our team! This person will play a key role in the merchant onboarding process by evaluating researching and determining a merchants level of risk. An Underwriter decides whether a merchant account should be approved and verif...