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Merchant Underwriter

2 months ago


Toronto, Ontario, Canada OTT Financial Group Full time
Merchant Underwriter Job Description

At OTT Financial Group, we are seeking a highly skilled Merchant Underwriter to join our Risk and Compliance Department. As a key member of our team, you will play a critical role in ensuring the integrity of our merchant onboarding and management processes.

Key Responsibilities:
  • Implement and execute the merchant underwriting framework to mitigate risks imposed by merchants on OTT.
  • Maintain and update underwriting procedures to ensure alignment with OTT's Underwriting Policy.
  • Evaluate risk and compliance activities, irregularities, and violations related to underwriting, and recommend policy amendments as needed.
  • Collaborate with cross-functional teams to define acceptable underwriting risk thresholds and implement risk mitigation strategies.
  • Prepare and file risk and compliance reports, and identify, investigate, and report risk and compliance issues.
Requirements:
  • Minimum 2 years of experience as an Underwriter or Risk and Compliance Specialist.
  • Actual work experience in merchant acquiring, payment processing, or risk management.
  • Relevant training or certifications in Anti-Money Laundering or Financial Crimes.
  • Bachelor's Degree in Business, Finance, or a related field.
  • Strong analytical and critical thinking skills, excellent documenting and reporting skills, and ability to work collaboratively with internal teams and external customers and vendors.
What We Offer:
  • Competitive salary and benefits package.
  • Opportunities for growth and development in a dynamic and collaborative environment.
  • Chance to work with a talented team of professionals in a forward-thinking organization.

We are committed to fostering an inclusive and accessible environment where all employees feel valued and respected. If you are a motivated and detail-oriented individual with a passion for risk management and compliance, we encourage you to apply for this exciting opportunity.