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Manager Merchant Underwriting Jobs (NOW HIRING)

Senior Underwriter

Encino, CA

$103K - $122K/yr

Job Requirements * 5+ years of payments / merchant underwriting experience, including a minimum of 3 years managing high risk and/or high-volume merchants. * Demonstrated experience analyzing ...

$70K - $80K/yr

Job Requirements * 5+ years of payments / merchant underwriting experience, including a minimum of 3 years managing high risk and/or high-volume merchants. * Demonstrated experience analyzing ...

Senior Underwriter

Encino, CA · On-site

$103K - $122K/yr

Job Requirements * 5+ years of payments / merchant underwriting experience, including a minimum of 3 years managing high risk and/or high-volume merchants. * Demonstrated experience analyzing ...

Senior Underwriter

California, MO · On-site

$70K - $80K/yr

Job Requirements * 5+ years of payments / merchant underwriting experience, including a minimum of 3 years managing high risk and/or high-volume merchants. * Demonstrated experience analyzing ...

Senior Underwriter

Los Angeles, CA · On-site

$70K - $80K/yr

Job Requirements * 5+ years of payments / merchant underwriting experience, including a minimum of 3 years managing high risk and/or high-volume merchants. * Demonstrated experience analyzing ...

This role reports to the Merchant Services Global Banking Credit Manager or Executive and will be aligned to a Merchant Underwriting Team supporting Global Banking Merchant clients. This role will ...

Showing results 21-40

Manager Merchant Underwriting information

See salary details

$48K

$103.1K

$158.5K

How much do manager merchant underwriting jobs pay per year?

As of Sep 10, 2026, the average yearly pay for manager merchant underwriting in the United States is $103,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What does a manager merchant underwriting do?

A Manager of Merchant Underwriting oversees the evaluation and approval process for businesses applying to accept credit and debit card payments. They lead a team that assesses risk, reviews financial documents, and ensures each merchant complies with industry standards and regulations. This role involves developing underwriting policies, monitoring for fraud, and working closely with sales and compliance departments to minimize financial risk for the payment provider. Additionally, the manager is responsible for training staff and updating procedures based on changing market and regulatory conditions.

How does a manager merchant underwriting collaborate with risk and compliance teams to ensure the integrity of merchant accounts?

A Manager Merchant Underwriting works closely with risk and compliance teams to evaluate merchant applications, monitor ongoing accounts, and address any potential red flags. They coordinate regular reviews, share insights on emerging fraud trends, and ensure that all underwriting decisions align with regulatory requirements and company policies. This collaboration is essential for creating a robust risk management framework, reducing exposure to fraudulent activity, and maintaining a healthy merchant portfolio.

What are the key skills and qualifications needed to thrive as a manager merchant underwriting, and why are they important?

To thrive as a Manager Merchant Underwriting, you need expertise in financial analysis, risk assessment, and credit policies, typically supported by a degree in finance, business, or a related field. Familiarity with underwriting platforms, credit scoring tools, and industry compliance systems is critical. Strong leadership, decision-making, and communication skills help in guiding teams and collaborating with stakeholders. These skills ensure accurate risk evaluation, regulatory compliance, and effective management of underwriting operations.

What is the difference between Manager Merchant Underwriting vs Merchant Underwriter?

AspectManager Merchant UnderwritingMerchant Underwriter
CredentialsTypically requires a bachelor’s degree in finance, business, or related field; often has managerial certificationsUsually requires a bachelor’s degree; certifications like CPCU or RPLU are common but not mandatory
Work EnvironmentLeads teams, oversees underwriting processes, and develops policiesPerforms individual underwriting assessments and risk analysis
Industry UsageUsed in insurance and financial services to manage underwriting teamsCommonly used in insurance companies for risk evaluation

While both roles involve underwriting, the Manager Merchant Underwriting oversees teams and strategic processes, whereas the Merchant Underwriter focuses on individual risk assessment. The manager role emphasizes leadership and policy development, while the underwriter concentrates on detailed risk analysis.

More about Manager Merchant Underwriting jobs

What cities are hiring for Manager Merchant Underwriting jobs?

Cities with the most Manager Merchant Underwriting job openings:

What are the most commonly searched types of Merchant Underwriting jobs?

The most popular types of Merchant Underwriting jobs are:

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For Manager Merchant Underwriting jobs, the most frequently searched job titles are:

Infographic showing various Manager Merchant Underwriting job openings in the United States as of September 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $103,082 per year, or $49.6 per hour.

Inside Sales Merchant Services Payment Consultant

Los Angeles, CA • On-site

Westlake Financial
Finance and Insurance • 1 - 5K employees

$20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

PAYMENT SOLUTIONS CONSULTANT
Los Angeles, CA | On-site role

Founded in 2021, NowPay LLC is proud to be a part of the family of Hankey Group companies. With assets over $30 billion combined, the Hankey Group has a 50-year track record of being an innovator in the automobile and finance industries led by our companies Westlake Financial, Nowcom and many others.
Based out of our Los Angeles office, NowPay is a full-service registered ISO/MSP that offers merchant services, business software and various other payment technology solutions that intend to help our clients operate effectively. We are driven to continuously develop new products and services to solve the ever-expanding need of small, medium and large businesses to connect with financial institutions and consumers. Our company conducts merchant underwriting, risk, onboarding and support in-house.
NowPay has a people-first culture with an emphasis on honesty and integrity whether it is with our employees, clients or partners. We are seeking experienced professionals to join the NowPay family and be an integral part of our rapid growth. Join our team if you are ready to make an impact today!
Position Summary
We are seeking a motivated and results-driven Sales Executive to join our growing merchant services and payment processing company. This individual will be responsible for generating new business opportunities, managing inbound and outbound sales activities, conducting merchant consultations, and closing payment processing agreements with businesses across the United States.
The ideal candidate has experience in merchant services, payment processing, financial services, SaaS sales, or B2B sales and is comfortable working with both cold and warm leads. This role requires strong relationship-building skills, consultative selling abilities, and occasional travel for client meetings, trade shows, industry events, and partner development opportunities.
Key Responsibilities
New Business Development
  • Prospect and identify new merchant opportunities through outbound calling, email campaigns, networking, referrals, and strategic partnerships (includes both warm and cold leads).
  • Follow up promptly with inbound leads generated through marketing campaigns, referral partners, and company initiatives.
  • Schedule and conduct sales presentations, discovery calls, and product demonstrations.
  • Develop and maintain a robust sales pipeline using the company's CRM system.
  • Gather signed merchant applications and support documents or stipulations for our Underwriting department to review.

Merchant Consultation & Sales
  • Analyze prospective merchants' current payment processing solutions and identify opportunities for savings and operational improvements.
  • Present customized solutions including:
    • Credit card processing
    • ACH processing
    • Payment gateways
    • Virtual terminals
    • Point-of-sale systems
    • Recurring billing solutions
    • E-commerce payment solutions
    • Other proprietary software solutions
  • Prepare pricing proposals and negotiate agreements.
  • Close new merchant accounts and achieve monthly sales targets.

Relationship Management
  • Serve as a trusted advisor throughout the sales process.
  • Coordinate with underwriting, risk, operations, and customer support teams to facilitate smooth merchant onboarding.
  • Maintain ongoing relationships with merchants to identify additional sales opportunities and referrals.
  • Support strategic partner and referral relationships.

Travel & Industry Representation
  • Conduct in-person meetings with prospective merchants and referral partners.
  • Travel as needed to support business development initiatives.

Sales Administration
  • Maintain accurate records of all sales activities in CRM.
  • Track pipeline performance and forecast monthly sales results.
  • Prepare reports on sales activities, opportunities, and closed business.
  • Stay informed regarding industry trends, payment technologies, card brand regulations, and competitive offerings.

Performance Metrics
Success in this role will be measured by:
  • New merchant accounts approved and activated
  • Monthly processing volume generated
  • Revenue and gross profit produced
  • Lead conversion rates
  • Pipeline growth and management
  • Merchant retention and satisfaction
  • Referral partner development

Qualifications
Required
  • 2+ years of B2B sales experience in merchant services, payment processing, and fintech space.
  • Understanding of credit card processing, ACH processing, POS systems, processing fees, merchant underwriting processes.
  • Strong communication, presentation, and negotiation skills.
  • Proven ability to generate leads and close business.
  • Experience managing a sales pipeline and CRM system.
  • Self-motivated with strong organizational skills.
  • Ability to travel as needed.
  • Proficiency with Microsoft Office and Google Workspace.
  • Existing network of business owners, referral partners, or industry contacts a plus.

PAY RATE:
  • Pay Rate: $20/hour + potential performance-based bonus and uncapped commission.
    • On-Target Earnings (OTE): $100,000 to $150,000
    • Guaranteed Ramp-Up: First 2 months guaranteed $3,850 bonus per month plus base pay.
    • Commission Paid Per Deal
    • Potential Residual Income
  • The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.

FULL TIME BENEFITS
  • Medical, Dental, and Vision benefits
  • Life Insurance and Long-term disability plans
  • Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching
  • Wellness Programs
  • Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only)
  • Career Path Opportunities
  • Discounts on Parks, Museums, Movie Tickets, and Attractions
  • Employee Loan Assistance
  • Annual Flu Shot
  • Paid Vacations Days
  • Paid Sick days
  • Paid holidays
  • HGym (available in our Los Angeles, CA & Dallas, TX office)
  • Rental Car Discounts, Dell Member Purchase Program
  • UKG Wallet

ACKNOWLEDGMENTS
We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.
#NowpayJob
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.