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Senior Credit Underwriter



Marketing & Communications
Posted on Saturday, April 27, 2024

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

It starts here. Have a global impact on the world of payments.

As a Senior Credit Underwriter you will be responsible for underwriting merchants’ accounts to ensure mitigation of financial exposure and fraud as well as ensuring compliance with Card Scheme Rules. As a part of our Risk Management team, the chosen candidate’s primary responsibilities will be the following:

What Paysafe stands for:

  • Being open and honest.
  • Keeping focused.
  • Operating with Courage.
  • Pioneering the future.

Our values and culture are driven by Equality, Development, Social Responsibility and Wellbeing. If you want to find out more about life at Paysafe, check out our careers page here.

How we work:

Our preferred arrangement is for the job holder to follow a hybrid model, spending an average of three days per week at our office location. The office is located in Gresham Street next to St Paul’s cathedral with easy access and transport links via St Paul’s, Bank, Cannon Street, City Thameslink, Liverpool Street, Farringdon, Mansion House.

The impact you will have:

  • Analysing of business public record database inquiries, collateral collection and the development, documentation, and execution of standardized policy to ensure best business practices
  • Co-development and adherence to best practices for Anti-Money Laundering and “Know Your Customer” policies.
  • Following established policies, evaluate the risk potential of merchants by fully understanding the merchants’ financial resources, source(s) of income, credit file, and expense liabilities, track all activity and produce summary reports on your progress
  • Liaising with our merchants and internal departments and present case work to key management related to specific merchants
  • Ensuring compliance with governmental, bank, credit card and other payment companies or associations’ rules
  • Being responsible for setting merchant risk parameters according to merchants’ historical volume and activity and credit risk exposure
  • Researching unusual situations and activity by internal means such as: chargeback review, authorization review, and reviewing application information

What we’re looking for:

  • Minimum of 2 years of relevant experience in underwriting, specifically in an online payment processing, e-commerce or banking environment
  • Experience in using business Credit Reference Agencies
  • Strong organisational, analytical and communication skills as well as great problem solving and time management abilities
  • Ability to work under pressure, independently or in a team
  • Highly proficient in MS Office, especially in Excel and have prior experience working with advanced formulas and tools used for more complex analysis

A snippet of what you’ll get in return:

  • Make your day work for you with our flexible working hours.
  • Kickstart your weekend early with our summer hours during the months of June, July and August with a 3pm finish every Friday.
  • You decide what your holiday looks like with the option to buy or sell your holiday and carry over up to 5 days into the next year.
  • Enjoy social events on our roof top terrace with views onto St Pauls Cathedral.
  • Our fully equipped facilities include showers, hairdryers and straighteners and fresh towels.
  • Start your day with a free breakfast, fresh fruit and snacks.
  • Take a breather in our dedicated wellbeing room.
  • Spend time with those important to you with our enhanced paid family policies.
  • Test our products Skrill, Neteller and Paysafe Card. Upon joining we will award you £50 into each wallet.
  • Enjoy our discounts on memberships via vitality including, gyms, leisure centres, yoga/Pilates across the country.
  • Need a new Laptop or phone? We offer support purchasing Apple and LG products via Stormfront technology.
  • Join our six employee-led equality communities and help foster a workplace that celebrates diversity and create opportunities to collaborate and learn.
  • Let’s not forget, we also offer: Private health insurance (pre-existing conditions are included) & dental insurance, income protection, life assurance and more.

What to expect next:

  1. Phone screen with Recruitment.
  2. Video interview with the Hiring Manager.
  3. In-person interview
  4. Final HR interview with Recruitment.

If you’re successful joining the team, you’ll be meeting our CEO in person during our new joiners breakfast in London – a great opportunity to network with your peers.

Equal Employment Opportunity

Paysafe is an equal opportunity employer. We value diversity and are committed to providing a work environment of mutual respect to everyone without regard to race, color, religion, national origin, age, gender identity or expression, or any other characteristic protected by applicable laws, regulations and ordinances.