Sr Underwriter

Job title:Senior Underwriter
Reports to:Manager, Underwriting
Department:Business Resource Group
Location:Remote
Grade:16
About Priority Commerce:

Priority Commerce is a leading financial technology company on a mission to deliver a personalized, easy-to-adopt financial toolset that accelerates cash flow and optimizes working capital for businesses. Our vision is to eliminate the barriers to unlocking revenue - empowering businesses to grow faster and operate smarter.

We achieve this through the Priority Commerce Engine, an innovative platform that combines payables, acquiring, and banking and treasury solutions. This unified approach allows businesses to streamline financial operations, reduce unnecessary costs, and uncover new revenue opportunities.

At Priority Commerce, we're driven by results. We expect our people tobe known for results- bringing expertise, momentum, and relentless focus to every challenge, helping our clients and each other thrive.
About the Role:

As a Senior Underwriter, you will independently evaluate and manage the risk associated with large, complex merchant accounts through in-depth analysis of financial statements, banking data, processing history, credit reports, and other relevant information. You will exercise independent judgment in assessing complex or non-standard risk scenarios, determining appropriate underwriting strategies and controls, and applying Card Brand underwriting requirements across a variety of processing relationships, including merchants, payment facilitators, and marketplaces.

You will lead comprehensive financial reviews, including spreading financials and preparing detailed credit packages for internal and external approval. With ownership of the credit decisioning process, you will evaluate available options, make recommendations and decisions within delegated authority, and structure approvals in alignment with the organization’s risk appetite. This includes assessing the potential financial and operational impact of underwriting decisions and balancing commercial objectives with prudent risk management.

You will also develop and negotiate risk mitigation strategies, including reserves, ACH delays, and other approval conditions, to appropriately manage exposure while supporting sustainable revenue growth.

As a subject-matter expert and trusted advisor, you will provide guidance to management, Sales, Operations, and other internal stakeholders on complex credit and risk matters. You will also support the development of the broader underwriting team by providing training and guidance to junior underwriters and sales partners and offering expert consultation on underwriting policies, risk interpretation, and complex account structures.
Responsibilities:

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Own and manage the end-to-end underwriting and credit process for large, complex merchant accounts, exercising independent judgment to make or recommend risk-based decisions within delegated authority.

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Evaluate overall merchant risk by analyzing business models, transaction volumes, processing structures, financial statements, banking data, processing history, and credit information, including weighing conflicting or incomplete information and assessing potential financial, operational, and regulatory exposure.

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Interpret and apply Card Brand requirements and company policies across Merchant, Payment Facilitator, and Marketplace models, using independent judgment to address complex or non-standard situations and determine appropriate underwriting approaches.

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Determine and negotiate appropriate approval structures and risk mitigants, including reserves, ACH delays, and other conditions, while balancing risk exposure, organizational risk appetite, and business objectives.

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Serve as a subject-matter expert by providing guidance to management, sales partners, and junior underwriters on complex credit and risk matters, identifying emerging risks, and contributing to the continuous improvement of un