Junior Underwriter
| Company | Shift4 |
|---|---|
| Location | Center Valley, Upper Saucon Township, PA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Junior, Mid Level |
Requirements
- Experience with Microsoft Office Suite, Google Suite
- Strict attention to detail a must
- Experience in analyzing financial statements and processing history
- Excellent listening, written, and verbal communication skills
- Problem solving and critical thinking ability to make a business decision
- Self-starter and must be able to handle multiple tasks in a fast-paced environment
- High school diploma or equivalent is required
- Minimum 2 years underwriting and/or risk management experience
Responsibilities
- Conduct due diligence reviews of applications, ensuring accuracy and completeness
- Validate documents provided with new applications using online publications and resources
- Manage your hold queue and request docs when necessary
- Stay current with sponsoring bank requirements and risk trends
- Review incoming merchant applications in accordance with Internal Compliance and Underwriting Policies. (16-20 daily)
- Assess application package and ultimately recommend approval or decline
- Daily review of incoming merchant applications including the following: ensuring packages contain all required documents, KYC, business history review, business type and billing model risk evaluation, reviewing third party underwriting tools.
- Review and analyze credit and financial reports, financial statements, balance sheets, tax returns, etc.
- Prepare written summary analysis of applicant information in accordance with the department procedures
- Apply appropriate underwriting criteria to applications in accordance with published credit policy to ensure financial exposure is appropriately mitigated
- Utilize skills in problem identification, analysis, and resolution using available resources to accomplish duties
- Review merchant applications to make sure all the necessary information is present both on paperwork and website.
- Review applications with risk management and make applicable recommendations for approval or denial
- Assist in the completion of weekly and monthly reports
- Ensure all work in queue is completed on a daily basis
Preferred Qualifications
- Banking experience a plus