SENIOR CREDIT UNDERWRITER
WHO WE ARE
Welcome to KORT Payments, where innovation meets excellence! We specialize in providing a state-of-the-art omnichannel payments platform designed to make business transactions a breeze. Our mission? To empower businesses with top-notch capabilities in compliance, risk management, and payment processing. Our trailblazing, enterprise-grade platform, coupled with a veteran management team, ensures we stay ahead of the curve in delivering unparalleled service and satisfaction.
We recently rebranded to showcase our expanded vision, yet we proudly continue to operate Merrco and Payfirma, under the KORT Payments banner. Our commitment to excellence and innovation remains stronger than ever.
LOCATION
Irvine (California), Toronto, Montreal or remote
EMPLOYMENT TYPE
Full-time, exempt, new role
SALARY
$90,000 - $110,000
Actual compensation will be determined based on location, experience, and role requirements, and will comply with applicable local pay transparency laws.
WHAT YOU WILL BE DOING The Senior Credit Underwriter is responsible for independently underwriting and onboarding merchant payment processing accounts across a broad spectrum of risk profiles. This role plays a critical leadership position within the underwriting function, providing subject-matter expertise on both high- and low-risk merchants, supporting policy development, and driving continuous improvement in underwriting workflows, controls, and service levels.
As a Senior Credit Underwriter, you will:
Independently underwrite complex merchant payment processing applications, including high-risk, restricted, and newly emerging business models
Perform comprehensive KYC/KYB due diligence, including business validation, ownership and principal reviews, credit analysis, and bank account verification
Assess merchant risk exposure and recommend appropriate risk mitigation strategies such as reserves, funding delays, processing limits, or enhanced monitoring
Apply and interpret card network rules, sponsor bank requirements, internal risk policies, and regulatory compliance standards
Provide subject-matter expertise on underwriting decisions involving escalations, exceptions, and non-standard structures
Assist in the development, documentation, and ongoing refinement of underwriting policies and procedures, particularly for restricted and emerging industry verticals
Partner with Risk, Compliance, Sales, and Operations teams to support efficient onboarding while maintaining strong risk controls
Identify opportunities to streamline underwriting workflows, improve turnaround times, and enhance SLA performance
Support internal and external audits by providing documentation, rationale, and underwriting guidance as required
Mentor and support junior underwriting analysts through knowledge sharing, case review, and informal coaching
Navigate multiple underwriting, CRM, and risk systems to document decisions, maintain accurate records, and manage application pipelines
Perform periodic reviews of existing merchant accounts and support portfolio risk management initiatives
Perform additional duties as needed to support departmental and company objectives
WHAT WE’RE LOOKING FOR
Minimum of 5–7 years of direct experience in merchant acquiring underwriting within the payments industry
Demonstrated experience underwriting both low-risk and high-risk merchant accounts, including complex or non-traditional business models
Strong understanding of card network rules, sponsor bank requirements, and payment industry risk frameworks
Proven ability to evaluate financial statements, processing data, credit reports, and business models to assess risk
Experience contributing to the creation or enhancement of underwriting policies, procedures, and risk guidelines
Demonstrated history of streamlining underwriting workflows, improving operational efficiency, and meeting or exceeding SLAs
Excellent analytical, judgment, and decision-making skills with a strong attention to detail
Strong communication and relationship-building skills, with the ability to collaborate effectively across teams and seniority levels
Ability to work independently in a fast-paced, remote environment while managing competing priorities
High level of professionalism, integrity, and accountability in handling sensitive financial and merchant information
Proficiency in Microsoft Office Suite, particularly Excel, Word, and Outlook
LIFE AT KORT PAYMENTS We pride ourselves on cultivating an inspired culture characterized by customer-centricity, commitment, respect, and agility. Our high-growth environment promotes a supportive and collaborative atmosphere, fostering a growth mindset, intellectual curiosity, entrepreneurial spirit, and teamwork. Our leadership team is experienced and passionate about payments, taking pride in their achievements and the unique value they bring to the industry.
At KORT Payments, we believe work should be fulfilling and fun! Here’s a peek into what life with us is like:
Culture
Fearlessness: Encourage continuous learning, innovation, taking chances, and pushing boundaries.
Accountability: Take ownership and be accountable to yourself, the company, partners, and clients.
Collaboration: Leverage diverse perspectives and work as a team to get the job done.
Transparency: Empower success through open communication, honesty, and inclusion.
Perks and Benefits
Comprehensive Benefits Package: Health, dental, and vision plans.
Flexible and Inclusive Work Environment: Work-life balance and flexibility.
Fun Events: Team-building activities and company-wide celebrations.
Professional Growth: Ongoing learning opportunities and new challenges.
Work Hard, Play Hard: A dynamic environment where contributions are valued.
If you’re excited about joining a vibrant, forward-thinking team and making a tangible impact, we want to hear from you! Send us your application. Please note that only candidates under consideration will be contacted. Let’s make great things happen together at KORT Payments!
#J-18808-Ljbffr
Welcome to KORT Payments, where innovation meets excellence! We specialize in providing a state-of-the-art omnichannel payments platform designed to make business transactions a breeze. Our mission? To empower businesses with top-notch capabilities in compliance, risk management, and payment processing. Our trailblazing, enterprise-grade platform, coupled with a veteran management team, ensures we stay ahead of the curve in delivering unparalleled service and satisfaction.
We recently rebranded to showcase our expanded vision, yet we proudly continue to operate Merrco and Payfirma, under the KORT Payments banner. Our commitment to excellence and innovation remains stronger than ever.
LOCATION
Irvine (California), Toronto, Montreal or remote
EMPLOYMENT TYPE
Full-time, exempt, new role
SALARY
$90,000 - $110,000
Actual compensation will be determined based on location, experience, and role requirements, and will comply with applicable local pay transparency laws.
WHAT YOU WILL BE DOING The Senior Credit Underwriter is responsible for independently underwriting and onboarding merchant payment processing accounts across a broad spectrum of risk profiles. This role plays a critical leadership position within the underwriting function, providing subject-matter expertise on both high- and low-risk merchants, supporting policy development, and driving continuous improvement in underwriting workflows, controls, and service levels.
As a Senior Credit Underwriter, you will:
Independently underwrite complex merchant payment processing applications, including high-risk, restricted, and newly emerging business models
Perform comprehensive KYC/KYB due diligence, including business validation, ownership and principal reviews, credit analysis, and bank account verification
Assess merchant risk exposure and recommend appropriate risk mitigation strategies such as reserves, funding delays, processing limits, or enhanced monitoring
Apply and interpret card network rules, sponsor bank requirements, internal risk policies, and regulatory compliance standards
Provide subject-matter expertise on underwriting decisions involving escalations, exceptions, and non-standard structures
Assist in the development, documentation, and ongoing refinement of underwriting policies and procedures, particularly for restricted and emerging industry verticals
Partner with Risk, Compliance, Sales, and Operations teams to support efficient onboarding while maintaining strong risk controls
Identify opportunities to streamline underwriting workflows, improve turnaround times, and enhance SLA performance
Support internal and external audits by providing documentation, rationale, and underwriting guidance as required
Mentor and support junior underwriting analysts through knowledge sharing, case review, and informal coaching
Navigate multiple underwriting, CRM, and risk systems to document decisions, maintain accurate records, and manage application pipelines
Perform periodic reviews of existing merchant accounts and support portfolio risk management initiatives
Perform additional duties as needed to support departmental and company objectives
WHAT WE’RE LOOKING FOR
Minimum of 5–7 years of direct experience in merchant acquiring underwriting within the payments industry
Demonstrated experience underwriting both low-risk and high-risk merchant accounts, including complex or non-traditional business models
Strong understanding of card network rules, sponsor bank requirements, and payment industry risk frameworks
Proven ability to evaluate financial statements, processing data, credit reports, and business models to assess risk
Experience contributing to the creation or enhancement of underwriting policies, procedures, and risk guidelines
Demonstrated history of streamlining underwriting workflows, improving operational efficiency, and meeting or exceeding SLAs
Excellent analytical, judgment, and decision-making skills with a strong attention to detail
Strong communication and relationship-building skills, with the ability to collaborate effectively across teams and seniority levels
Ability to work independently in a fast-paced, remote environment while managing competing priorities
High level of professionalism, integrity, and accountability in handling sensitive financial and merchant information
Proficiency in Microsoft Office Suite, particularly Excel, Word, and Outlook
LIFE AT KORT PAYMENTS We pride ourselves on cultivating an inspired culture characterized by customer-centricity, commitment, respect, and agility. Our high-growth environment promotes a supportive and collaborative atmosphere, fostering a growth mindset, intellectual curiosity, entrepreneurial spirit, and teamwork. Our leadership team is experienced and passionate about payments, taking pride in their achievements and the unique value they bring to the industry.
At KORT Payments, we believe work should be fulfilling and fun! Here’s a peek into what life with us is like:
Culture
Fearlessness: Encourage continuous learning, innovation, taking chances, and pushing boundaries.
Accountability: Take ownership and be accountable to yourself, the company, partners, and clients.
Collaboration: Leverage diverse perspectives and work as a team to get the job done.
Transparency: Empower success through open communication, honesty, and inclusion.
Perks and Benefits
Comprehensive Benefits Package: Health, dental, and vision plans.
Flexible and Inclusive Work Environment: Work-life balance and flexibility.
Fun Events: Team-building activities and company-wide celebrations.
Professional Growth: Ongoing learning opportunities and new challenges.
Work Hard, Play Hard: A dynamic environment where contributions are valued.
If you’re excited about joining a vibrant, forward-thinking team and making a tangible impact, we want to hear from you! Send us your application. Please note that only candidates under consideration will be contacted. Let’s make great things happen together at KORT Payments!
#J-18808-Ljbffr