Underwriter I

About:

Paysafe (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com

Overview:

The Underwriter I, reporting to the Underwriting Manager, is responsible for using their credit/risk knowledge and discretion to process daily merchant applications, provide agent support, and help clear department queues.

Responsibilities:

• Understand the credit/risk scales and all bank policies in depth

• Compile complete application packages with emphasis on attention to detail

• Validate information provided on the merchant application and supporting documentation

• Utilize skills in problem identification, analysis, research and resolution using available resources to status merchant applications

• Navigate multiple system interfaces to status applications

• Update notes on all applications in pending and provisional status

• Obtain credit ratings from credit bureaus, banks, and trades on application

• Answer inquiries or refer inquiries to the appropriate department

• Review applications with Risk Management as needed

• Work in fast paced environment while staying precise in daily activities to meet SLA’s

• Perform other duties as requested to maintain the effective operation of the department

Qualifications:

• Minimum 1+ years of proven High-Risk, Credit Underwriting experience required

• Bachelor’s degree in related field, preferred

• Strong analytical and problem-solving abilities

• Excellent rapport building skills to establish and maintain strong working relationships across functional and reporting levels

• Excellent organizational skills to handle multiple tasks in a fast-paced environment, as well as within tight deadlines

• Take initiative to suggest and implement new ideas for processing work which result in greater efficiencies

• Flexibility to work overtime or on weekends as needed

• Must possess the attitude of a team player in offering assistance to others and maintain a positive attitude

• Knowledgeable of how to read and interpret credit reports, financials statements and Experian/D&B reports

• Understanding risks associated with various business verticals

Tools

• Strong knowledge of Microsoft Office Suite including Outlook, Word, and Excel

Equal Employment Opportunity:

Paysafe provides equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment.  If you need any reasonable adjustments, please let us know. We will be happy to help and look forward to hearing from you.