Backed by 500 Global.
About the role
The Portfolio Management Enterprise Merchant Underwriter role provides an optimal underwriting experience to our sales partners and merchants. The primary focus of this position is to perform a periodic review of North’s high exposure merchant relationships, working with all stakeholders in maintaining business relationships within acceptable risk parameters. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Perform financial analysis and prepare Credit Risk Assessments of existing merchants with detailed recommendations and creative risk mitigation strategies
- Analyze high exposure merchants with varying risk dependencies and credit quality associated with diverse business types and processing environments
- Execute against Credit Policy driven collateral strategies to minimize losses by implementing reserves, sourcing letters of credit and/or administering funding holds
- Provide Approval Authority support for sign-off requests from teammates that are above their authority but within yours
- Help train and coach underwriting team members
- Ensure service level agreements are met
More about this role
Candidates with advanced underwriting experience in the Payments industry will be given preferred consideration.
The Portfolio Management Enterprise Merchant Underwriter role provides an optimal underwriting experience to our sales partners and merchants. The primary focus of this position is to perform a periodic review of North’s high exposure merchant relationships, working with all stakeholders in maintaining business relationships within acceptable risk parameters. This role requires the soft skills necessary to be a good ambassador for North to external parties, such as sales partners and business owners, while being capable of obtaining all necessary information to perform advanced financial analysis and risk based due diligence. Team members holding this position will process, prepare and present findings to senior management in a written format. Additional functions include the completion of the communication cycle to all stakeholders as well as performing workout functions associated with adversely rated merchants.
- Conduct periodic credit reviews within an assigned portfolio and quantify results in a narrative format based on processing models, metrics and a detailed...
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