Apply on Employer Site

Coinflow · 2 days ago

Senior Merchant Underwriter

Chicago

Full-time

Onsite

Mid, Senior Level

4+ years exp

Coinflow is a next-generation payments company headquartered in Chicago, pioneering the way money moves globally. As a Senior Merchant Underwriter, you will perform critical analyses on merchant applications, evaluate their compliance and risk profiles, and collaborate with cross-functional teams to enhance underwriting solutions.

CryptocurrencyFinancePaymentsWeb3

Responsibilities

Evaluate merchant applications, ensuring that merchants are operating Legally, within Card Scheme Rules, and within Coinflow’s operational risk appetite

Complete refresher reviews of the existing merchant portfolio, such as reviewing updated licenses, legal opinions, or Financial Statements to ensure that merchants are still operating compliantly and manage any changes to their risk profile

Perform investigations on Chargeback Spikes, ACH Returns, or other indicators of changes to a merchants risk profile

Drive process improvement or tooling projects to improve efficiency and scale our Underwriting program

Lead initiatives to update internal processes and policies in response to emerging card partner/scheme requirements, laws, or new regional expansions

Determine actionable conditions for approval, such as implementing reserves, transaction limits, or enhanced monitoring

Partner with Compliance, Product, Engineering, and Operations to help build scalable Underwriting solutions

Qualification

Fintech experiencePayment processing knowledgeAnalytical skillsSQL proficiencySpreadsheet softwareCommunication skillsCollaboration skills

Required

4+ years in fintech, payments, banking, or financial services Underwriting

Understanding of payment processing, merchant acquiring, and transaction risk

Familiarity with evaluating high regulatory risk business models, such as business related to crypto, remittance, real money gaming, and prediction markets

Proven track record meeting SLAs, and performance expectations

Strong analytical skills with ability to work with data and make evidence-based decisions

Excellent communication skills and comfort operating in ambiguous, fast-paced environments

Proficiency in spreadsheet software (Excel/Google Sheets) for data modeling, trend analysis, and synthesis of merchant processing data

Preferred

Experience working transaction monitoring systems and case management platforms

SQL and business intelligence tools (e.g., Tableau, Looker)

Background in high-growth payment companies

Interest in cryptocurrency and/or blockchain analytics expertise (Chainalysis, Merkle, Elliptic, TRM Labs)

Bachelor's degree

Benefits

Strong salary

Equity

Comprehensive benefits

Professional development support

Company

Coinflow

Coinflow (fka Coinflow Labs) is the next-generation payment service provider revolutionizing global financial infrastructure with stablecoins, AI-driven fraud prevention, and instant settlement.

Founded in 2022

Chicago, Illinois, USA

11-50 employees