Credit Risk Underwriter

Fiserv•King of Prussia, PA

5d•Onsite

About The Position

As a Credit Risk Underwriter, you review merchant processing applications and assess risk to support timely, accurate underwriting decisions. You work with sales partners, merchants, processors, and internal underwriting teams to verify application quality, evaluate credit exposure, and resolve issues. Your work helps protect the business, maintain service level agreement (SLA) performance, and support client growth through sound risk decisions.

Requirements

3+ years of experience in credit risk, underwriting, merchant processing, financial services, or a related risk evaluation environment.
3+ years of experience reviewing individual and business credit reports and applying findings to risk-based decisions.
3+ years of experience working with sales partners, merchants, processors, or similar external stakeholders to resolve underwriting or risk-related issues.
3+ years of experience using Microsoft Office Suite to document reviews, manage workflows, and communicate findings.
Experience assessing application quality, interpreting supporting documentation, and using third-party verification tools to evaluate business legitimacy and credit exposure.
Bachelor's Degree in finance, business, accounting, economics, or a related field, or equivalent combination of education, related experience and/or military experience.
Must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.

Nice To Haves

Experience in the merchant processing industry.
Knowledge of card brand rules and regulations.
Experience supporting underwriting workflows tied to service level agreement (SLA) performance.
Experience evaluating small business or merchant application documentation.

Responsibilities

Review incoming merchant processing applications and assess information to support underwriting decisions.
Track and monitor applications throughout the underwriting process to ensure processing within service level agreements (SLAs).
Verify the quality, completeness, and accuracy of application documentation and supporting materials.
Use third-party resources to validate business operations, ownership details, and business demographics.
Communicate with sales partners, merchants, and processors to resolve risk and underwriting questions or issues.
Analyze documentation, reports, and credit data to assess merchant credit risk exposure and make recommendations.

Benefits

Fuel Your Life program to support your physical, financial, social, and emotional well-being
Paid holidays and generous time away policies
No-cost mental health support through Employee Assistance Programs
Living Proof program to recognize your peers’ extra effort with points redeemable for rewards
Eight Employee Resource Groups to foster a collaborative culture and expand your network
Unparalleled professional growth with training, development, and internal mobility opportunities
Medical, dental, vision, life, and disability insurance options available from day one
Retirement planning and discounted shares with the Employee Stock Purchase Plan
Tuition assistance and reimbursement program
Paid parental, caregiver, and military leave