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Merchant Underwriting Jobs (NOW HIRING)

Prepare the loan package for evaluation and approval by Merchants Credit Committee and Agency Lenders. * Collaborate closely with the Underwriting Team Lead, origination, and closing teams to align ...

Underwriter - GSE

Bloomington, MN Ā· On-site

$110K - $130K/yr

Prepare the loan package for evaluation and approval by Merchants Credit Committee and Agency Lenders. * Collaborate closely with the Underwriting Team Lead, origination, and closing teams to align ...

Underwriter - GSE

Washington, DC Ā· On-site

$135K - $155K/yr

Prepare the loan package for evaluation and approval by Merchants Credit Committee and Agency Lenders. * Collaborate closely with the Underwriting Team Lead, origination, and closing teams to align ...

Underwriter - GSE

Manhattan, NY Ā· On-site

$145K - $170K/yr

Prepare the loan package for evaluation and approval by Merchants Credit Committee and Agency Lenders. * Collaborate closely with the Underwriting Team Lead, origination, and closing teams to align ...

Job Type Full-time Description TheUnderwriter position is responsible for underwriting multifamily ... Our Benefits Merchants offers a comprehensive package of benefits for eligible employees, including ...

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Merchant Underwriting information

See salary details

$48K

$103.1K

$158.5K

How much do merchant underwriting jobs pay per year?

As of Jun 9, 2026, the average yearly pay for 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 are the key skills and qualifications needed to thrive in the Merchant Underwriting position, and why are they important?

To thrive as a Merchant Underwriter, you need strong analytical abilities, a keen understanding of financial statements, and experience evaluating business risk, typically supported by a degree in finance, business, or a related field. Proficiency with underwriting platforms, risk assessment tools, and knowledge of industry compliance standards or certifications such as Certified Risk Professional (CRP) is often preferred. Strong attention to detail, effective communication, and sound judgment enable successful collaboration with sales and risk teams. These skills ensure accurate merchant approvals, mitigate potential losses, and support the financial integrity of the organization.

What are some common challenges faced by Merchant Underwriters in their daily work?

Merchant Underwriters often encounter challenges such as assessing the risk of new or emerging business models, analyzing incomplete or inconsistent financial data, and staying updated with evolving industry regulations. Balancing the need for thorough risk evaluation with the demands for quick decision turnarounds can also be demanding. Collaboration with sales and compliance teams is essential to resolve cases where risk factors are unclear or customer expectations are urgent. To succeed, underwriters must be adaptable, detail-oriented, and proactive in continuing their professional development to keep up with changing policies and industry trends.

What is a Merchant Underwriting job?

A Merchant Underwriting job involves assessing the risk and creditworthiness of businesses applying for merchant accounts to process payments. Underwriters review financial statements, business models, and transaction history to identify potential fraud or financial instability. They work closely with sales teams, risk management, and compliance departments to ensure merchants meet regulatory and company requirements. The goal is to approve legitimate businesses while minimizing financial risk for the payment processor or financial institution. This role requires analytical skills, attention to detail, and knowledge of payment industry regulations.

More about Merchant Underwriting jobs
What cities are hiring for Merchant Underwriting jobs? Cities with the most Merchant Underwriting job openings:
What are the most commonly searched types of Merchant Underwriting jobs? The most popular types of Merchant Underwriting jobs are:
What states have the most Merchant Underwriting jobs? States with the most job openings for Merchant Underwriting jobs include:
Infographic showing various Merchant Underwriting job openings in the United States as of May 2026, with employment types broken down into 97% Full Time, 2% Part Time, and 1% Contract. Highlights an 68% Physical, 8% Hybrid, and 24% Remote job distribution, with an average salary of $103,082 per year, or $49.6 per hour.
Dealer Account Manager.

Dealer Account Manager.

The Hankey Group

Agoura Hills, CA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Job Location: Agoura Hills, CA

DEALER ACCOUNT MANAGER– MERCHANT SERVICES

Founded in 2021, NowPay LLC is proud to be a part of the family of Hankey Group companies. With assets over $20 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 Agoura Hills and Los Angeles offices, 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!

RESPONSIBILITIES

We are searching for someone with a go-getter attitude who’s willing to wear a few hats to join our growing company. The ideal candidate will have a passion for sales and strives to exceed sales goals. Furthermore, this candidate will provide support to our merchants. The responsibilities for this role are as follows:

SALES

  • Contact mostly warm leads to sell NowPay’s payment processing services which include merchant accounts for credit, debit and ACH processing as well as a variety of hardware and software. Some cold calling.
  • Analyzes merchant statements, pricing, hardware, and software to determine business needs and offer appropriate products and services.
  • Prepare and present sales presentations and proposals to prospective merchants.
  • Prepare merchant agreements.
  • Effectively explain cost-saving solutions to business owners.
  • Build business relationships with current merchants.
  • Manage sales pipeline and update records accordingly.
  • Effectively explain cost-saving solutions to merchants.
  • Maintain integrity and honesty throughout the sales process through full disclosure of rates and fees.
  • Collect any required documentation for Underwriting purposes.
  • Assist merchants through the boarding and activation process.
  • Partner with our operations team to ensure a seamless transition.

SUPPORT

  • Assist existing merchants through email and phone.
  • Respond to incoming merchant inquiries quickly, proficiently, and professionally while meeting specific quality expectations.
  • Answer merchant questions relating to transaction history, rates/fees, statements, deposits, etc. as well as troubleshooting technical questions relating to hardware and software.
  • Thoroughly describe and document merchant support results.
  • Assisting with the programming and installation of equipment and services for merchants.
  • Assist management when any other operational and sales needs that may be required to help continue grow the business.

EXPERIENCE AND QUALIFICATIONS

  • Sales and customer service experience required.
  • Ability to navigate through a start-up company environment.
  • Prior management roles a plus.
  • Excellent verbal and written communications, presentation, interpersonal skills, customer orientation, team interaction, problem solving, and multi-tasking skills required.
  • Proven track record of meeting and exceeding sales targets.
  • Proficient in using Microsoft Office Suite and other sales tool.
  • Understanding of card brand rules and regulations a plus.

What’s the expected pay for this role?

  • $40,000 -$63,000. This pay is inclusive of hourly pay plus bonus
  • 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

What do we offer?

  • Medical, Dental, and Vision benefits
  • Life Insurance, Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program in a $14.2 Billion Company, plus company matching
  • Wellness Program, Daily Team Exercises
  • Westlake University, Certification Programs
  • Career Path Opportunities
  • Discounts on Parks, Museums, Movie Tickets, and Attractions
  • AT&T Wireless Discounts
  • Employee Loan Assistance
  • Annual Flu Shots, Biometric Screenings
  • Paid Vacation Days
  • Paid Sick days Ā 
  • Paid holidays
  • Rental Car Discounts
  • Dell Member Purchase Program
  • UKG Wallet – pay advance

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.

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