Underwriting Manager

Overview:

We are currently seeking a highly skilled and proactive Underwriting Manager with a strong background in BaaS services to join our fintech company. The ideal candidate will have extensive experience in underwriting, a keen eye for operational detail, and the capability to think on their feet in a dynamic environment. This hands-on management role involves overseeing the underwriting process, making critical decisions, and implementing strategies to mitigate risks while supporting business growth. If you are a decisive leader with a track record of making things happen in the merchant processing space, we invite you to apply.

Responsibilities:

- **Underwriting Leadership:** Lead the underwriting team, ensuring efficient and effective assessment of new and existing merchant applications in compliance with internal policies and industry regulations.

- **Risk Management:** Develop and enforce underwriting criteria that balance risk and reward, employing a deep understanding of the merchant services industry to identify potential issues before they arise.

- **Operational Excellence:** Maintain a keen attention to operational detail, optimizing underwriting processes for speed, efficiency, and accuracy.

- **Decision Making:** Exercise sound judgment in the approval or rejection of applications, thinking on your feet to make quick, informed decisions that impact the company's risk exposure and profitability.

- **Merchant Service Experience:** Utilize your experience to understand the nuances and unique challenges of the industry, guiding your team in making well-informed decisions.

- **Cross-Functional Collaboration:** Work closely with sales, compliance, and operations teams to ensure a seamless process for onboarding new clients and managing ongoing relationships.

- **Training and Development:** Mentor and develop the underwriting team, fostering an environment of continuous improvement and professional growth.

Qualifications:

- Bachelor's degree in Finance, Business Administration, or a related field; advanced degree preferred.

- Minimum of 5 years of experience in underwriting within underwriting.

- Proven leadership skills with the ability to manage and motivate a team.

- Strong analytical and decision-making capabilities with a focus on detail and operational efficiency.

- Excellent interpersonal and communication skills, capable of working with cross-functional teams and managing relationships with internal and external stakeholders.

- Familiarity with industry regulations and compliance standards.

- Ability to adapt to a rapidly changing business environment and make decisions under pressure.

What We Offer:

- The opportunity to lead and shape the underwriting function within a dynamic fintech company.

- A challenging and rewarding role that directly impacts the company's success and growth.

- Competitive salary, benefits, and opportunities for professional development.

- A collaborative work environment that values innovation and teamwork.

How to Apply:

Qualified candidates are encouraged to apply by submitting their resume and a cover letter detailing their experience in merchant services underwriting and why they are the best fit for this role. Join our team and play a pivotal role in the success of our fintech company. Apply today!

Job Type: Full-time

Pay: $75,000.00 - $112,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Professional development assistance
• Referral program
• Vision insurance

Work Location: Hybrid remote in Carlsbad, CA 92008

Salary : $75,000 - $112,000