AVP Solutions · 10 hours ago
Underwriter - Merchant Services
Los Angeles, CA
Full-time
Onsite
Entry, Mid Level
$28/hr - $30/hr
2+ years expAVP Solutions is a Merchant Service Provider based in Canoga Park, CA, seeking an organized Underwriting professional to join their team. The role involves evaluating merchant applications for payment processing while balancing risk mitigation and providing excellent support to merchants and sales teams.
EnterpriseFinancial ServicesPayments
Responsibilities
Evaluate merchant applications for payment processing services and determine approval, pending, or decline status based on financial, compliance, and fraud risk
Interpret credit bureau reports, bank statements, and financial statements to assess liquidity and overall financial strength
Review merchant websites and documentation to verify Terms & Conditions, refund policies, and the true nature of the business
Apply payment industry merchant guidelines and identify high-risk business types and scenarios requiring escalation
Prepare clear approval, pending, or decline updates and communicate account status to inside and outside sales and sponsoring banks
Ensure merchant files are complete and ready for submittal to sponsoring banks, maintaining accurate records for audit and compliance
Qualification
Required
Minimum 2 years' experience evaluating merchant applications for payment processing services
Proven ability to read and interpret credit bureau reports, bank and financial statements
Familiarity with Visa and MasterCard rules, payment industry merchant guidelines, and high-risk categories
Experience reviewing merchant websites for compliance and verifying true business activity
Comfortable assessing both card-present and card-not-present merchants and identifying fraud indicators
Strong communicator with experience liaising with sponsoring banks, inside sales, and outside sales teams
Preferred
Risk management or customer service background is highly preferred
Benefits
Health insurance
Paid sick time
Paid vacation
Paid holidays
Company
AVP Solutions
At American Verification Processing Solutions (AVPS), we specialize in secure, tailored payment processing for high-risk and hard-to-place businesses.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Tiffany Segura
CEO, Founder
Michael Gomez
Sales Specialist - ISO Partners
Company data provided by crunchbase