Underwriter Jobs

Company Description

Take a seat on the Xplor rocketship and join us as a Field Integrated Sales Manager to help people succeed across the world.

We’re a global team of builders, listeners and problem-solvers who are relentlessly focused on making life simple, so our customers can get back to growing their business, engaging consumers and doing what they love.

JOB DESCRIPTION: The position of the Underwriter includes daily evaluation of new merchant applications (including changes to existing merchant accounts) through the analysis of personal and business creditworthiness, merchant business model and prior processing history. Underwriter will continuously review, analyze, and apply sponsor bank policies, conduct KYC / KYB, evaluate merchant applicants against internal risk and compliance policies and ensure that merchant accounts are properly classified per card brand policies. Underwriter will review and analyze business and/or personal financial statements, calculate potential exposure and prepare a full credit analysis for merchants with higher risk or higher exposure levels.

Duties And Responsibilities

• Maintain department spreadsheets, systems and records as required to process and update applications, periodic reviews, audits or other credit related activities.
• Prepare and/or review initial credit analysis based upon documents such as; credit reporting from various agencies, business and personal financials and tax returns and prior processing statements.
• Obtain, compile, and maintain confidential records of applicants' credit histories, corporate financial statements, and other financial information. Update company systems with this information as required.
• Participate in management of the departmental email boxes. Respond to emails from management, sponsor banks, sales reps, partners and others as required.
• Interface with Risk and Compliance personnel on merchant issues and risk mitigation as appropriate.
• Ensure the prompt turnaround time to applications received with timely escalation of any issues requiring management attention.
• Evaluate applicant business models to identify risks and accurately assess exposure.
• Review merchant applications for accuracy and completeness of information and evaluate applications to ensure they are not prohibited under credit policies.
• Interact with internal and external sales teams regarding findings and/or request additional documentation to further evaluate and mitigate potential risk.
• Work with Account Managers, ISO Partners and/or applicants as required to resolve application issues and or pend items.
• Liaise with company sponsor banks on applications that require sponsor bank concurrence or approval.
• Perform other related duties as assigned by management.
• Evaluate application for credit worthiness and complete underwriting due diligence.

Qualifications

QUALIFICATIONS:

• Prior experience in credit card processing - acquiring or issuing - preferred
• Acute attention to detail
• Independent thinker w/ ability to make decisions based on proper application of policies
• Ability to communicate professionally and effectively in person, on the phone, electronically or through other means to individuals and groups
• Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
• Proficiency in Microsoft Office products and database management tools.
• Excellent written and oral communication skills
• Strong time management skills
• Two to three years related underwriting experience
• Strong organizational, problem-solving, critical thinking and analytical skills.
• Ability to deal effectively with a variety of individuals at all organizational levels
• Ability to multi-task and manage priorities and workflow in a dynamic, fast-paced environment
• Ability to review, analyze and apply multiple policies
• Excellent customer service skills
• Ability to read and interpret documents such as credit reports, contracts, sales agreements
• College degree or related college coursework preferred

At Xplor, we believe that the best innovation and ideas happen at the intersection of differences - people of different cultures, generations, disciplines, and lived experiences. So even if you think you don’t quite tick all the boxes, we still encourage you to apply.

Additional Information

What does it mean to work for Xplor?

You’ll be part of a global network of talented colleagues who support your success. We look for commonalities and shared passions and give people the tools they need to deliver great work and grow at speed.

Some Of The Perks Of Working With Us

• Access to mental health support
• Unparalleled opportunities to learn and accelerated career development
• Health, Life, Dental, Vision and 401K match
• Fully flexible work arrangements
• A collaborative, team environment with people who truly love what they do
• 12 weeks Gender Neutral Paid Parental Leave for both primary and secondary carer
• Ongoing dedication to Diversity & Inclusion initiatives such as D&I Council, Global Mentorship Program
• #GiveBackDays/Commitment to social impact – 3 extra days off to volunteer and give back to your local community

How to apply?

To start your application, please submit your resume and we’ll be in touch as soon as we can. Please include the word "moonshot" at the top of your message to the Hiring Manager so that we know you took the time to read our job ad.

More About Us

Xplor Technologies is a global platform integrating SaaS solutions, embedded payments, and Commerce Accelerating Technologies to help businesses succeed. Xplor provides enterprise-grade SaaS solutions for businesses in “everyday life” verticals: Childcare & Education; Fitness & Wellbeing, Field Services and Personal Services – and a global cloud-based payment processing platform.

Xplor Technologies serves over 78,000 customers that processed over $36 billion in payments, operating across 20 markets in 2022.

Good to know

To be considered for employment in the United States, you must be legally authorized to work in the US. Xplor does not sponsor visas, either at the time of hire or at any later time.

To learn more about us and our products, please visit www.xplortechnologies.com/us/careers.

We also invite you to check out our Candidate FAQs for more information about our recruitment process www.xplortechnologies.com/us/recruitment-faqs.

Xplor is proud to be an Equal Employment Opportunity employer. We're dedicated to attracting, retaining and developing our people regardless of gender identity, ethnicity, sexual orientation, disability, veteran status and age. Applications are encouraged from all sectors of the community.

All Information will be kept confidential according to EEO guidelines.

Xplor is committed to the full inclusion of all qualified individuals. In keeping with our commitment, Xplor will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please contact us via [email protected].

We are a 2023 Circle Back Initiative Employer – we commit to respond to every applicant.