The Underwriting Analyst develops Enhanced Due Diligence programs for high-risk clients, collaborates with cross-functional teams on compliance, and ensures risk management practices are followed during customer onboarding.
About Us
Move money. Make money. Finix is a full-stack acquirer processor, empowering businesses of all sizes with flexible, modern payment solutions. Processing billions of dollars annually, Finix enables SaaS, marketplace, and e-commerce platforms to accept payments, manage payouts, and onboard merchants seamlessly. With our no-code, low-code, and developer-friendly tools, businesses can get up and running in hours—not months.
Finix has raised over $175M, including a $75M Series C led by Acrew Capital, with participation from Lightspeed Venture Partners, Leap Global, American Express Ventures, Bain Capital Ventures, Homebrew, Inspired Capital, Sequoia Capital, Visa, and others.
About the role
The Payment Operations teams(POPs) manages Finix’s Compliance and Risk functions. We design, implement, and monitor programs required by regulators, Card Brand and NACHA rules, and our banking partners. This includes interpreting applicable rules (e.g., AML, Enhanced Due Diligence), defining what’s required, building how we execute it, and ensuring compliance to gain approval from Sponsor Banks and Card Brands.
The Underwriter Analyst will manage underwriting for High Risk Verticals, Payment Facilitators, and ISOs. We're looking for someone proactive and strategic, with the ability to work cross-functionally, support underwriting engine improvements, represent Finix in audits, and partner with Sponsor Banks to onboard High Risk Merchants.
You Will:
- Create and own the Enhanced Due Diligence of high-risk clients and industries including building out an Enhanced Due Diligence Program for high-risk verticals including debt collection, accounts receivable management, marketplace, digital wallets, subscription services, Nutraceuticals and others as needed
- Partner with Account Management within high-risk verticals to determine if we can onboard clients within these verticals while adhering to vertical EDD and AML program requirements
- Seek and clarify compliance requirements from sponsor banks and card brands, reviewing these with POPs and Compliance
- Once EDD programs are solidified, work with Sales and communicate requirements to potential customers
- Work closely with Underwriting, Compliance, and Legal on any potential customer onboarding
You Are:
- Proactive and enthusiastic to build an Enhanced Due Diligence program
- Excited to research rules & regulations to ensure our interpretation and operationalization is within Finix's risk tolerance
- Able to communicate with technical and non-technical teams, translating complex concepts between the two and ensuring alignment between them
- Keenly attuned to details, ensuring nothing is overlooked when defining & assessing risk
- Organized and able to manage multiple projects simultaneously, against deadlines and within budget
- Confident in your abilities but eager to learn and expand your knowledge
You Have:
- Prior payments experience at a processor, payment facilitator, or FinTech specializing in money movement
- 3+ years of experience in Enhanced Due Diligence or Underwriting
- A talent for analyzing industry requirements as set by the sponsor bank to determine whether or not Finix can do business with a variety of customers
- Knowledge of industry standard regulatory compliance and ability to build a program to ensure potential customers meet these requirements
- Customer-facing experience
- Ability to work cross-functionally with a variety of teams such as Risk, Compliance, Underwriting, and Account Management
Finix is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other protected class.
Role: Underwriting Analyst Analyst
Level: IC3-IC4
Location: Remote
Base Salary Range: $75,000/yr to $125,000/yr + equity + benefits
Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries at our headquarters in San Francisco, California. Individual pay is determined by work location, job-related skills, experience, and relevant education or training.
#LI-EH1
Top Skills
Payments Compliance Regulations
Similar Jobs
Insurance
The Customer Retention Representative at Globe Life engages policyholders considering cancellation, handles calls on lapsed policies, and recommends coverage adjustments while maintaining records and achieving KPIs.
Top Skills:
ExcelMS OfficeOutlookWord
Insurance
Verify life and health insurance applications by making outbound calls to customers, gathering required information, and ensuring application accuracy for underwriting assessment.
Top Skills:
MS Office
Artificial Intelligence • Cloud • Machine Learning • Mobile • Software • Virtual Reality • App development
As a Full Stack Engineer at Snap Inc., you will build mobile and desktop web applications, optimize performance, and enhance user interfaces while ensuring code quality and system efficiency.
Top Skills:
AngularAWSCanvasCSSGoGraphQLHTMLJavaJavaScriptKubernetesMemcacheNode.jsPythonReactRedisTypescriptVueWebassemblyWebgl
What you need to know about the Charlotte Tech Scene
Ranked among the hottest tech cities in 2024 by CompTIA, Charlotte is quickly cementing its place as a major U.S. tech hub. Home to more than 90,000 tech workers, the city’s ecosystem is primed for continued growth, fueled by billions in annual funding from heavyweights like Microsoft and RevTech Labs, which has created thousands of fintech jobs and made the city a go-to for tech pros looking for their next big opportunity.
Key Facts About Charlotte Tech
- Number of Tech Workers: 90,859; 6.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lowe’s, Bank of America, TIAA, Microsoft, Honeywell
- Key Industries: Fintech, artificial intelligence, cybersecurity, cloud computing, e-commerce
- Funding Landscape: $3.1 billion in venture capital funding in 2024 (CED)
- Notable Investors: Microsoft, Google, Falfurrias Management Partners, RevTech Labs Foundation
- Research Centers and Universities: University of North Carolina at Charlotte, Northeastern University, North Carolina Research Campus
