What are the responsibilities and job description for the Underwriting and Risk Specialist position at Cygnus Payment Solutions?
Cygnus is a Full-Service Provider (FSP) serving merchant outlets nationwide. Our services include payment processing, POS solutions, and SaaS.
We’re seeking an Underwriting & Risk Specialist to assess merchant applications, manage risk, and ensure compliance. You’ll monitor accounts, prevent fraud, and collaborate across teams to support safe growth.
Responsibilities
- Evaluate merchant applications and determine risk eligibility.
- Monitor accounts for compliance, fraud, and financial risk.
- Review and assess disputes and suspicious activity.
- Assess and refine underwriting policies and risk mitigation strategies.
Qualifications
- 2–5 years in underwriting, risk, or compliance.
- Strong understanding of payment processing, merchant acquiring, and fraud prevention.
- Analytical, detail-oriented, and able to communicate effectively.
Perks/Benefits:
- Comprehensive benefits package including Medical, Dental, Life, and 401K Match
- PTO and Bank Observed Holidays
- Employee Assistance Program and Wellness Plans
- Salary Range: $70k - $90k
Salary : $70,000 - $90,000