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Underwriting Expert

Department:Engineering
Location:Remote
Type:Full-time

About this position

We are looking for a professional with Underwriting experience and knowledge, as we would like to offer a long term engagement and career path. Responsibilities This person will have the following responsibilities: Carry out due diligence of new clients and business partners during the on-boarding process in accordance with external and internal policies relating to anti-money-laundering regulations and the financing of terrorism acts. Identification and verification of our potential clients, merchants and partners. Checks against sanction, PEP and other blacklists; Perform risk assessment and monitors the Risk profile of the customers. Recommend reserves for new customer applications; Take appropriate action to prevent losses; Conduct initial and periodic due diligence checks on customers; Take part in developing and implementing underwriting policies and procedures activities; Recommend improvements in underwriting processes and procedures; Maintain accurate customer documentation; Carry out standardized control measures as well as assisting with the preparation of regular reports; Develop healthy partnerships with internal and external stakeholders to enhance processes and minimize the company's risk;  Contact customers to facilitate customer onboarding and enters calls with applying merchants; Ensure that all expected SLAs are met; Ensure adherence to card scheme rules and regulations; Participate in internal projects concerning product development and new markets; Proactively assist in the development of existing systems and guidelines. Requirements Degree in the field of Finance or similar, or at least 2 years of professional experience in an underwriting role; Experience and knowledge in payment and card industries; Good understanding of AML, Risk and card scheme legal frameworks and policies; Being familiar with the latest card schemes regulation frameworks; Good communication skills in both verbal and written English; Ability to learn new technology tools quickly; Good analytical, planning and problem-solving skills; Comfortable working independently, with a proactive mindset. We offer Competitive salary with performance-based bonuses; Flexible hybrid work model with a cozy office in Sofia, Bulgaria; Additional social benefits (additional health insurance, and fully funded MultiSport card); Opportunity to join a new Payment Institution business; Mentorship program and personalized career development plan; Additional trainings and certification; Regular networking events and team-building activities; A dynamic and diverse team of dedicated professionals, committed to creating cutting-edge products; Supportive and welcoming company culture. If you’re a “big picture” thinker with a strategic mindset who would like to define the future of payment services and wants to work for a fast-growing FinTech company and grow with it, then this may be the perfect opportunity for you!