Senior Merchant Underwriter

Coinflow
Chicago
Workplace: OnsiteFull timeFunction: Banking, Lending & CreditExperience: 4+ yearsEducation: bachelorsSkills: ["Communication","Analytical thinking","Risk assessment","Collaboration","Attention to detail"]

Senior Merchant Underwriter responsible for critical analyses of merchant applications, license and risk reviews, and independent decision-making for standard cases. Leads high-risk sector reviews (crypto, remittance, real money gaming), presents approval or decline recommendations to risk leadership, and collaborates with Compliance, Product, Engineering, and Operations to build scalable underwriting solutions.

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Coinflow
Coinflow
8 months ago

Senior Merchant Underwriter

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Source: Company careers pageValidated by: Fursa AI
Last checked: 18 hours agoStatus: Live

Job Summary

Senior Merchant Underwriter responsible for critical analyses of merchant applications, license and risk reviews, and independent decision-making for standard cases. Leads high-risk sector reviews (crypto, remittance, real money gaming), presents approval or decline recommendations to risk leadership, and collaborates with Compliance, Product, Engineering, and Operations to build scalable underwriting solutions.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Sr. Manager level

Key Responsibilities

  • •New Business Underwriting: Evaluate merchant applications, ensuring that merchants are operating Legally, within Card Scheme Rules, and within Coinflow’s operational risk appetite.
  • •Backbook & Portfolio Reviews: Complete refresher reviews of the existing merchant portfolio, such as reviewing updated licenses, legal opinions, or Financial Statements to ensure that merchants are still operating compliantly and manage any changes to their risk profile.
  • •Alert Investigation: Perform investigations on Chargeback Spikes, ACH Returns, or other indicators of changes to a merchants risk profile.
  • •Process & Efficiency Projects: Drive process improvement or tooling projects to improve efficiency and scale our Underwriting program.
  • •Regulatory & Scheme Adaptation: Lead initiatives to update internal processes and policies in response to emerging card partner/scheme requirements, laws, or new regional expansions.

Key Requirements

  • •4+ years in fintech, payments, banking, or financial services Underwriting.
  • •Understanding of payment processing, merchant acquiring, and transaction risk.
  • •Familiarity with evaluating high regulatory risk business models, such as crypto, remittance, real money gaming, and prediction markets.
  • •Proven track record meeting SLAs, and performance expectations
  • •Strong analytical skills with ability to work with data and make evidence-based decisions.
Experience:4+ yearsFintechPaymentsFinancial servicesRegulatory riskUnderwriting
Education:Bachelor's
Skills:CommunicationAnalytical thinkingRisk assessmentCollaborationAttention to detail
Tech Stack:ExcelGoogle SheetsSQLTableauLooker

Company Brief

Coinflow
Provides stablecoin-powered pay-in and payout infrastructure enabling instant settlement, AI-driven fraud prevention, chargeback protection and unified global rails for merchants and marketplaces.
Industry: Fintech Infrastructure
Company Size: Small (11 to 50 employees)
Growth: Growth Stage Startup
Funding: Series A
Headquarters: Chicago, United States
Founded: 2023
WebsiteLinkedIn