Nexio · 1 day ago
Underwriter
Orem, UT
Full-time
Onsite
New Grad, Entry Level
$60K/yr - $70K/yrNexio is looking for an Underwriter to join their team, playing a key role in the merchant onboarding process. The Underwriter will evaluate, research, and determine a merchant’s level of risk, deciding on account approvals and verifying identities through security processes.
CMSFinancial ServicesPaymentsSoftware
Responsibilities
Collect accurate information to assess the risk level of potential merchants
Review and underwrite merchant applications to ensure documentation is complete, accurate, and compliant
Perform identity verification and KYC/security checks, including merchant security calls
Analyze processing history, financial statements, and business metrics to evaluate underwriting risk
Request additional documentation as needed to meet CMS, bank, and regulatory requirements
Compile merchant documentation into complete underwriting packages for sponsoring banks
Communicate with sales agents and other stakeholders to resolve pending applications
Submit approved accounts for boarding and assist with setup in systems such as TSYS or First Data (Fiserv)
Support audits and collaborate with Compliance/Risk teams to meet ongoing bank requirements
Participate in ongoing training to stay current on underwriting policies, card brand rules, and regulatory standards
Qualification
Required
Strong written and verbal communication skills, with comfort working cross-functionally
High proficiency in computer systems and ability to learn third-party underwriting tools
Detail-oriented with the ability to work independently under pressure and meet deadlines
Comfortable reviewing business metrics and evaluating risk in a fast-paced environment
Preferred
Payments industry experience is a plus, including familiarity with Agreement Express, TSYS, or First Data
Benefits
Unlimited PTO
Medical, Dental, Vision, Life, STD, and LTD insurances; 5% 401k match, HSA match.
Free therapy for employees and their dependents
Nail Tech, Barber, Massage Therapist on-site
Costco snacks for days!
Company
Nexio
Nexio is a payment platform as a service (PaaS) for managing the chaos of payments.
Founded in 2008
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
M
Mihir Godbole
Chief Technology Officer
J
Jason Hansen
Sr. Vice President of Sales
Recent News
2023-09-06
Company data provided by crunchbase