Gather Resources is seeking an intuitive Underwriter to join their client's growing team on-site in Irving, TX. Our client offers the latest technology in credit card processing, point-of-sale equipment, advanced security solutions, and integrated payments.
As an Underwriter, this candidate will review and analyze merchant applications to qualify their creditworthiness. Utilize existing tools and procedures and follow appropriate credit policies and guidelines to mitigate overall financial and reputational risk exposures.
Key Underwriting Functions
- Review merchant applications using different Underwriting tools. Gather all information required to make a comprehensive assessment of a merchant’s creditworthiness, including credit reports, TIN/OFAC checks, identity theft, bank account, and address verification
- Work with partners to ensure compliance with various industry requirements
- Work closely with the Underwriting departments of our banks to ensure timely approval of merchant accounts
- Answer internal and external inquiries with regard to Underwriting issues
- Prepare monthly reporting required by partner banks on the performance of the credit card processing portfolio
- Keep ISOs up to date on the status of their applications. Advocate on ISOs behalf to get credit card processing deals approved
- Audit of auto-approvals
- Any other tasks as assigned
Communicate Actions and Outcomes
- Place and receive phone calls to and from independent sales organizations (ISOs) and merchants to obtain necessary information
- Notify the referring ISO/Agent of any special requirements of approving a credit card processing agreement
- Provide excellent service to all constituents through proactive and ongoing communication during the life cycle of each merchant account
Skills Required
- Strong deductive reasoning skills; can infer the complete picture using information gathered from multiple sources
- Able to read and fully understand Personal and Business Credit Reports in order to assess a merchant’s financial condition and wherewithal to handle the obligations of a merchant credit card processing account
- Proficiency with Microsoft Office applications
- Enjoys identifying patterns or recognizing aberrations; likes to get to the bottom of the story indicated by the clues they surface
- Takes calculated risks and learns from mistakes
- Speaks in a clear, poised and convincing manner
- Writes in a professional style that remains succinct, polite and on-point. Conveys difficult news compassionately in support of building long-term relationships with our merchants and ISOs
- Demonstrates accuracy with particular attention to detail in a work setting that requires effective time-management skills and strict adherence to deadlines
Experience and Education
- Minimum of 3 years prior experience in a Credit Underwriting role, preferably within the payment card industry
- Knowledge of TSYS, Cynergy, and/or First Data platforms preferred
- Strong analytical skills
- Good business sense
- Excellent written and verbal communication skills
- Ability to work in a fast-paced environment
Perks & Benefits
- Health, Dental, Vision, Life Insurance
- 401(k) with company match
- Paid company holidays & PTO
- Great company environment
- Pool table, ping pong table, & other games on-site
Find this job and more at https://www.gatherresources.org
Job Type: Full-time
Pay: $20.00 - $24.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Physical setting:
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Experience:
- Credit Analysis: 3 years (Preferred)
- Underwriting: 3 years (Preferred)
- Merchant Services Industry: 2 years (Preferred)
Ability to Relocate:
- Irving, TX 75063: Relocate before starting work (Required)
Work Location: In person