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Elliptic Jobs in Chicago, IL (NOW HIRING)

Coinflow

Senior Merchant Underwriter

Chicago, IL · On-site

$100K - $140K/yr

Interest in cryptocurrency and/or blockchain analytics expertise (Chainalysis, Merkle, Elliptic, TRM Labs). * Bachelor's degree Why Join Coinflow? * Build from the ground up - Shape our financial ...

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Elliptic information

See Chicago, IL salary details

$78.4K

$140.1K

$188.7K

How much do elliptic jobs pay per year?

As of Aug 31, 2026, the average yearly pay for elliptic in Chicago, IL is $140,110.00, according to ZipRecruiter salary data. Most workers in this role earn between $113,400.00 and $161,300.00 per year, depending on experience, location, and employer.

What is an Elliptic job?

Elliptic jobs typically refer to positions at Elliptic, a company specializing in blockchain analytics and cryptocurrency compliance solutions. Employees at Elliptic work in roles such as software engineering, data science, compliance analysis, and customer support, helping financial institutions and law enforcement detect and prevent financial crime involving cryptocurrencies. Working at Elliptic often involves using advanced analytics tools and staying up-to-date with blockchain technology and regulatory requirements. The company values innovation, security, and transparency in the rapidly evolving crypto space.

What skills and qualifications are needed to thrive as an Elliptic professional?

To thrive as a blockchain analytics professional at Elliptic, you need a solid understanding of blockchain technology, data analysis, and investigative research, often supported by a degree in computer science, finance, or a related field. Experience with blockchain analysis tools, data visualization platforms (like Tableau or Power BI), and certifications in cybersecurity or anti-money laundering (AML) are highly valuable. Strong critical thinking, attention to detail, and effective communication skills are crucial for interpreting complex data and conveying findings to stakeholders. These skills are vital for identifying illicit activities, ensuring compliance, and providing actionable intelligence within the fast-evolving crypto space.

What are typical challenges faced by professionals working at Elliptic?

Professionals at Elliptic working in blockchain analytics often encounter the challenge of staying ahead of rapidly evolving cryptocurrencies and emerging technologies. Analyzing complex transaction patterns to detect illicit activities requires adaptability, critical thinking, and an understanding of global compliance standards. Collaboration with legal, engineering, and customer-facing teams is vital to ensure accurate analysis and actionable insights. The fast-paced environment encourages continuous learning and proactive problem-solving to address new threats and opportunities in the crypto space.

What is the difference between Elliptic vs Blockchain Analyst?

AspectEllipticBlockchain Analyst
Required CredentialsCybersecurity certifications, blockchain security knowledgeBlockchain certifications, data analysis skills
Work EnvironmentCybersecurity firms, financial institutionsFinancial services, blockchain companies
Industry UsageFraud detection, AML complianceMarket analysis, transaction monitoring

Elliptic primarily focuses on blockchain security and anti-fraud solutions, while Blockchain Analysts analyze blockchain data for market trends and insights. Both roles require blockchain knowledge but serve different functions within the industry.

What are popular job titles related to Elliptic jobs in Chicago, IL?

For Elliptic jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Elliptic jobs in Chicago, IL look for?

The top searched job categories for Elliptic jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Elliptic jobs?

Cities near Chicago, IL with the most Elliptic job openings:

Elliptic jobs near you
Infographic showing various Elliptic job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $139,999 per year, or $67.3 per hour.

Senior Merchant Underwriter

Coinflow

Chicago, IL • On-site

$100K - $140K/yr

Full-time

Medical, Retirement

Re-posted 23 days ago

Job description

About Coinflow
Coinflow is the next-generation payment service provider revolutionizing global financial infrastructure with stablecoins, AI-driven fraud prevention, and instant settlement. Coinflow enables businesses to grow faster with instant settlement, fraud & chargeback indemnity, global pay-ins, multi-currency FX, and unified payouts. Founded in 2023, the company serves marketplaces, fintechs, remittance providers, gaming platforms, and ecommerce merchants worldwide.
Since our seed round in 2024, we've achieved 23x revenue growth and scaled to multi-billion-dollar annual transaction volume. In response to this growth, Coinflow announced a $25M Series A in October 2025-led by Pantera Capital, CMT Digital, Coinbase Ventures, Jump Crypto, and Reciprocal Ventures-accelerating our mission to power the world's fastest-moving businesses with innovative, reliable global payments.
Coinflow is proudly headquartered in Chicago, IL. Learn more at coinflow.cash.
The Role
As a Senior Merchant Underwriter, you will perform critical analyses on all merchant applications. This includes reviews of licenses, legal opinions, transaction activity, and credit risk. You will hold independent decision making authority for standard merchant applications and serve as a lead advisor for high-risk sectors (e.g., Crypto, Real Money Gaming, Remittance); for these complex reviews, you will determine the optimal underwriting posture and present formal approval, approval with mitigation, or decline recommendations to risk & executive leadership.
What You'll Do
  • New Business Underwriting: Evaluate merchant applications, ensuring that merchants are operating Legally, within Card Scheme Rules, and within Coinflow's operational risk appetite. This includes credit reviews to ensure financial stability and the ability to cover potential chargeback liabilities.
  • Backbook & Portfolio Reviews: Complete refresher reviews of the existing merchant portfolio, such as reviewing updated licenses, legal opinions, or Financial Statements to ensure that merchants are still operating compliantly and manage any changes to their risk profile.
  • Alert Investigation: Perform investigations on Chargeback Spikes, ACH Returns, or other indicators of changes to a merchants risk profile.
  • Process & Efficiency Projects: Drive process improvement or tooling projects to improve efficiency and scale our Underwriting program.
  • Regulatory & Scheme Adaptation: Lead initiatives to update internal processes and policies in response to emerging card partner/scheme requirements, laws, or new regional expansions.
  • Risk Mitigation: Determine actionable conditions for approval, such as implementing reserves, transaction limits, or enhanced monitoring.
  • Collaborate cross-functionally: Partner with Compliance, Product, Engineering, and Operations to help build scalable Underwriting solutions.

Required Qualifications
  • 4+ years in fintech, payments, banking, or financial services Underwriting.
  • Understanding of payment processing, merchant acquiring, and transaction risk.
  • Familiarity with evaluating high regulatory risk business models, such as business related to crypto, remittance, real money gaming, and prediction markets.
  • Proven track record meeting SLAs, and performance expectations
  • Strong analytical skills with ability to work with data and make evidence-based decisions.
  • Excellent communication skills and comfort operating in ambiguous, fast-paced environments.
  • Proficiency in spreadsheet software (Excel/Google Sheets) for data modeling, trend analysis, and synthesis of merchant processing data.

Preferred Qualifications
  • Experience working transaction monitoring systems and case management platforms.
  • SQL and business intelligence tools (e.g., Tableau, Looker).
  • Background in high-growth payment companies.
  • Interest in cryptocurrency and/or blockchain analytics expertise (Chainalysis, Merkle, Elliptic, TRM Labs).
  • Bachelor's degree

Why Join Coinflow?
  • Build from the ground up - Shape our financial crimes program with executive visibility
  • High-growth opportunity - Join during a pivotal phase with room to expand your role with team and scope
  • Cutting-edge work - Operate at the intersection of compliance, crypto, and innovative payment technology
  • Competitive package - Strong salary, equity, comprehensive benefits, and professional development support
  • Collaborative culture - Work with talented, mission-driven people building the future of payments

The base salary range for this role is $100,000 to $140,000 USD. The actual base salary offered depends on a variety of factors, including but not limited to experience, education, skills, qualifications and business needs.
In addition, the employee who fills this role will be eligible for an equity grant, allowing you to share in the long-term success of the company. You will also have access to a wide array of benefits, including health and wellness benefits, 401(k) savings plan, and flexible time off.
Join the team rewriting how money moves worldwide-and become a driving force in the $194 trillion cross-border payments market.

Apply