Basic Function: The Junior Underwriter must be able to perform business and personal verification using Giact, LexisNexis, MATCH, and Experian. Each submitted merchant application will be reviewed for grammatical errors, completeness, and accuracy. All documents submitted to underwriting must be valid, current, and legible, and the Junior Underwriter must pay attention to detail. An underwriter must know how to maintain client relationships and provide good customer service.

Principal Responsibilities:

• Perform data entry and perform quality controls on submitted merchant applications.
• Review accounts submitted by ISO and agent partners in accordance with the Bank's merchant policies. Those meeting pre-approval criteria are reviewed for concurrence and signed noting Bank acceptance. Applications above pre-approval thresholds or which do not meet the pre-approval criteria are analyzed. Analyst renders a recommendation to approve or decline within authority levels granted in the merchant policies and provides recommendation to management.
• Recommend risk mitigation techniques to minimize financial loss exposure to the Bank when creating and/or approving proposed risk structures for a merchant account.
• Work with underwriters at ISOs and risk managers to manage the risk structure imposed on accounts. Share industry knowledge.
• Provide operational assistance as needed to the Merchant Services Department including review of merchant transaction activity when it exceeds certain criteria as established at the time of underwriting.
• Track and follow up on status of all pending accounts weekly to ensure accounts are not processing without proper approval.
• Provide various reporting to management.
• Perform other duties and projects as assigned.
• Ensure that all activities are performed in compliance with federal, state and Bank Secrecy Act regulatory requirements.

Background & Experience:

• 1-2 years prior merchant underwriting experience.
• Experience in analyzing financial statements.
• BA or BS in business or equivalent experience preferred.
• Detail-oriented and must have the ability to prioritize all tasks appropriately.
• Experience with computer skills: Microsoft Access, Word, Excel, Outlook and Internet savvy.
• Communicate effectively orally and in writing.
• Possess knowledge of the acquiring credit card business with respect to fraud and risk analysis.
• Ability to consistently meet deadlines.

Location:

• Job Location is at premises of Dynamics Payments

Dynamics Payments LLC is proud to be an Equal Opportunity Workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Application Question(s):

• Salary Expectations

Work Location: One location

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