Sr. Underwriter

The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow.

Meet Nuvei, the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

At Nuvei, we live our core values, and we thrive on solving complex problems. We’re dedicated to continually improving our product and providing relentless customer service. We are always looking for exceptional talent to join us on the journey!

As an Underwriting analyst, you will review and analyze merchant applications to qualify their credit worthiness. You will follow all Nuvei appropriate credit policies and ensure compliance with boarding guidelines to mitigate overall financial and reputational risk exposures. You will be actively engaged with the Loss Prevention and Sales teams to identify risk and market trends. The successful candidate will have credit/underwriting experience and knowledge, preferably within a payment processing environment.

Main Duties / Responsibilities

• Verifies merchant application information, coordinating the collection of missing data and documentation. Analyzes and underwrites new merchant applications using different Underwriting tools Re-evaluate existing merchant accounts as requested by the other internal departments
• Work with partners and merchants to ensure compliance with various industry requirements and communicate adequately underwriting decisions and associated policies.
• Answer internal and external inquiries with regard to Underwriting issues
• Contributes to regular staff meetings to discuss merchant accounts, trends, losses, etc. Present ideas to management for continuous improvement of procedures and efficiencies
• Perform other tasks/duties as assigned

Requirements

• Associate degree required. Bachelor’ degree preferred.
• 3-5 years’ experience in Underwriting preferred.
• Experience in bank or bankcard industry an asset.
• Strong analytical skills, multitasking and good business sense.
• Must be a disciplined self-starter and demonstrate integrity, dependability, responsibility, work ethic, self-awareness and a positive attitude.
• Excellent written and verbal communication skills
• Ability to work in a fast-paced environment

Specialized knowledge, skills, certifications and/or training

• Ability to read and interpret personal and commercial credit reports
• Ability to read and interpret tax returns and/or corporate financial statements
• Working knowledge of the payments industry and understanding of Visa/MC association regulations and guidelines
• Working knowledge of Microsoft Office, including Excel and Word

Benefits

Nuvei offers a wide variety of benefits which include Medical, Dental, Vision, STD, LTD, Paid time off, 401(k) and many other great benefits.

Nuvei perks also include:

• Frequent training programs on new systems and platforms.
• Free Virtual yoga, meditation and fitness classes, community involvement, and many social activities.
• Group Private Medical Insurance
• Up to 2.5 additional days of annual leave a quarter, if company hit quarterly targets
• Employee recognition program and possibilities for advancement in various fields.
• Modern, dynamic and great work environment.

Nuvei is an equal-opportunity employer that celebrates collaboration and innovation and is committed to developing a diverse and inclusive workplace. The team at Nuvei is comprised of a wealth of talent, skill, and ambition. We believe that employees are happiest when they’re empowered to be their true, authentic selves. So, please come as you are. We can’t wait to meet you.