Jr Underwriter

Shift 4 Payments • Center Valley, PA

102d

About The Position

Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. We are looking for individuals that are driven, extremely self-sufficient, highly motivated, and hold themselves to the highest standards of professionalism. This position requires employees to maintain cooperative, diplomatic working relationships with co-workers, supervisors, customers, and the public; work as part of a team and collaborate with colleagues, and complete projects and daily workload under tight deadlines even when there are competing requirements and changes in assignments.

Requirements

• Experience with Microsoft Office Suite, Google Suite
• Strict attention to detail a must
• Experience in analyzing financial statements and processing history
• Excellent listening, written, and verbal communication skills
• Problem solving and critical thinking ability to make a business decision
• Self-starter and must be able to handle multiple tasks in a fast-paced environment

Nice To Haves

• Banking experience a plus

Responsibilities

• Conduct due diligence reviews of applications, ensuring accuracy and completeness
• Validate documents provided with new applications using online publications and resources
• Manage your hold queue and request docs when necessary
• Stay current with sponsoring bank requirements and risk trends
• Review incoming merchant applications in accordance with Internal Compliance and Underwriting Policies. (16-20 daily)
• Assess application package and ultimately recommend approval or decline
• Daily review of incoming merchant applications including the following: ensuring packages contain all required documents, KYC, business history review, business type and billing model risk evaluation, reviewing third party underwriting tools.
• Review and analyze credit and financial reports, financial statements, balance sheets, tax returns, etc.
• Prepare written summary analysis of applicant information in accordance with the department procedures
• Apply appropriate underwriting criteria to applications in accordance with published credit policy to ensure financial exposure is appropriately mitigated
• Utilize skills in problem identification, analysis, and resolution using available resources to accomplish duties
• Review merchant applications to make sure all the necessary information is present both on paperwork and website.
• Review applications with risk management and make applicable recommendations for approval or denial
• Assist in the completion of weekly and monthly reports
• Ensure all work in queue is completed on a daily basis

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees