• Underwrite all new applications consistent with approved underwriting policies and guidelines.
• Understand, read and interpret customer identification reports to ensure proper Know Your Customer, Know Your Business is met
• Understand, read and interpret Sanctions Reports from OFAC and other similar documentation.
• Provide recommendations (approval, credit holds or declines etc.) on Seller applications and identify, document and escalate to management those deals that are over an Underwriter approval authority as defined by policy.
• Call Seller or communicate internally regarding an application when needed to verify information.
• Communicate decisions effectively in both verbal and written communication.
• Properly file paperwork.
• Understand the company underwriting policies and underwriting guidelines.
• Understand the risks associated with the payment processing industry (Fraud, Credit, Regulatory, Legal, etc.
• Demonstrate good listening, interpersonal and team working skills.
• Seeks alternative means of financing or counter offers for all merchant/clients when it is determined that the original request cannot be accommodated