Senior Underwriter – Merchant Services

About Us

At NRS PAY, we are redefining the way businesses accept payments. As a leading provider in the merchant services industry, we offer innovative, secure, and scalable solutions that help our clients grow. We’re expanding our underwriting team and seeking a highly motivated Senior Underwriter to join us in our mission.

Position Summary

• We are looking for a detail-oriented and experienced Senior Underwriter with a strong background in the merchant services industry. The ideal candidate will be responsible for assessing risk, analyzing merchant applications, and ensuring compliance with underwriting guidelines. You will play a key role in protecting our business while enabling merchants to thrive.

Key Responsibilities

• Review and evaluate merchant applications, supporting documents, and risk indicators.
• Analyze credit reports, bank statements, processing history, and business models to determine risk exposure.
• Make recommendations and decisions on account approvals, holds, or declines.
• Maintain up-to-date knowledge of industry trends, compliance regulations, and risk management strategies.
• Collaborate with risk, sales, and operations teams to optimize onboarding and underwriting processes.
• Mentor junior underwriters and assist in complex case escalations.

Requirements

• Minimum 2 years of underwriting experience in the merchant services or payments industry.
• Strong understanding of risk assessment, KYC/AML policies, and credit analysis.
• Ability to interpret financial and business documents quickly and accurately.
• Excellent attention to detail and problem-solving skills.
• Strong communication and decision-making abilities.
• Experience working in a fast-paced, high-volume underwriting environment.
• Preferred Qualifications:

Preferred Qualifications

• Familiarity with common payment processing platforms, chargeback trends, and high-risk merchant categories.
• Experience with automated underwriting tools or platforms.
• Bachelor’s degree in finance, business, or a related field (or equivalent work experience).