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Senior Underwriter – Merchant Services

IDT Corporation · Newark, New Jersey, US

About Us:At NRS PAY, we are redefining the way businesses accept payments. As a leading provider in the merchant services industry, we offer innovative, secu...

Job description

About Us:At NRS PAY, we are redefining the way businesses accept payments. As a leading provider in the merchant services industry, we offer innovative, secure, and scalable solutions that help our clients grow. We’re expanding our underwriting team and seeking a highly motivated Senior Underwriter to join us in our mission. Position Summary: - We are looking for a detail-oriented and experienced Senior Underwriter with a strong background in the merchant services industry. The ideal candidate will be responsible for assessing risk, analyzing merchant applications, and ensuring compliance with underwriting guidelines. You will play a key role in protecting our business while enabling merchants to thrive. Requirements: - Review and evaluate merchant applications, supporting documents, and risk indicators. - Analyze credit reports, bank statements, processing history, and business models to determine risk exposure. - Make recommendations and decisions on account approvals, holds, or declines. - Maintain up-to-date knowledge of industry trends, compliance regulations, and risk management strategies. - Collaborate with risk, sales, and operations teams to optimize onboarding and underw...