What are the responsibilities and job description for the Payments Underwriting Specialist position at Tekmetric?
What You’ll Do
- Analyze various applicants and business types in multiple credit card processing environments, both card-present and non-card-present.
- Request and obtain information and additional information from the necessary parties to complete the credit review process
- Determine creditworthiness for small to large merchants, both new and established.
- Handle a wide range of lending amounts, including standard and non-standard documentation.
- Comprehensive review and analysis of individual and company reports, including Experian, Equifax, Dunn and Bradstreet, Lexis-Nexis, Tax Returns, Financial statements, etc.
- Communicate confidently and effectively with merchants AND sales representatives as needed to obtain updated financial information or any other documentation needed.
- Maintain and monitor the portfolio of merchants through monthly reports and evaluate/manage risk to identify suspicious merchant activity and mitigate fraudulent behavior and charges.
- Work with department personnel to obtain historical data and feedback for the previous 12 months' account performance.
- Recommend and develop enhancements, sources, and resources to assist in the credit review process.
- Communicate effectively with internal company departments and multiple levels of management.
- Be prepared to address production overflow, short staffing, or special projects.
What you Bring
- Minimum two years experience in an underwriting environment, direct experience in credit card processing required
- Direct experience with Stripe is considered a plus
- Excellent organizational skills
- Excellent analytical skills
- Excellent oral and written communication skills
- Extensive experience reviewing and analyzing individual and company financial data