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Remote Merchant Underwriter Jobs in Rutherford, NJ

Quilt Software

Director, Risk and Fraud

New York, NY · On-site +1

Lead merchant underwriting operations end-to-end - credit review, risk decisioning, exposure ... Remote, based in the United States Applicants must be authorized to work for any employer in the U.

Quilt Software

Director, Risk and Fraud

New York, NY · Remote

Lead merchant underwriting operations end-to-end -- credit review, risk decisioning, exposure ... Remote, based in the United States Applicants must be authorized to work for any employer in the U.

Clearent

Outside Sales Account Executive

Paramus, NJ · On-site +1

$5.0K/mo

... visits with your merchant clients. This is an outside remote B2B sales role and you are not ... Work closely with Clearent colleagues in Customer Service, Underwriting, IT, Sales Support and ...

All JobsRemote Merchant Underwriter JobsRemote Merchant Underwriter Jobs in Rutherford, NJ

Remote Merchant Underwriter information

See Rutherford, NJ salary details

$33.1K

$80.4K

$142.2K

How much do remote merchant underwriter jobs pay per year?

As of Jul 4, 2026, the average yearly pay for remote merchant underwriter in Rutherford, NJ is $80,411.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,200.00 and $88,700.00 per year, depending on experience, location, and employer.

What are some common challenges Remote Merchant Underwriters face when evaluating merchants online?

Remote Merchant Underwriters often encounter challenges such as verifying the legitimacy of businesses without in-person interactions, identifying potential fraud risks, and ensuring compliance with regulatory standards across various regions. Working remotely may require greater reliance on digital tools for gathering and analyzing documentation, making effective communication with merchants and internal teams crucial. Staying updated on evolving industry trends and risk indicators is also important to make informed, accurate underwriting decisions.

What are Remote Merchant Underwriters?

Remote Merchant Underwriters are professionals who assess the risk and creditworthiness of businesses applying for merchant accounts, typically for processing credit card transactions. Working remotely, they review financial documents, business histories, and industry data to determine whether to approve or deny merchant account applications. Their role is critical in helping financial institutions manage risk and prevent fraud. Remote Merchant Underwriters use specialized software and communicate with clients and internal teams virtually to perform their duties efficiently.

What are the key skills and qualifications needed to thrive as a Remote Merchant Underwriter, and why are they important?

To thrive as a Remote Merchant Underwriter, you need a solid understanding of credit risk analysis, financial statement review, and underwriting principles, typically supported by a degree in finance, business, or a related field. Familiarity with underwriting software, payment processing systems, and compliance tools like Know Your Customer (KYC) platforms is essential. Strong analytical thinking, attention to detail, and effective communication skills help you assess risk accurately while working independently and collaborating with remote teams. These skills ensure sound risk decisions, regulatory compliance, and the protection of financial institutions from potential losses.

What is the difference between Remote Merchant Underwriter vs Remote Credit Analyst?

AspectRemote Merchant UnderwriterRemote Credit Analyst
Required CredentialsTypically requires underwriting certifications, finance or business degreesOften requires finance, accounting, or economics degrees
Work EnvironmentRemote, within financial or lending companiesRemote, within banking or financial institutions
Industry UsageUsed in merchant services, payment processing, and lendingCommon in banking, investment, and lending sectors
Comparison Search IntentUnderstanding underwriting roles in merchant servicesEvaluating credit analysis positions in finance

Remote Merchant Underwriters and Remote Credit Analysts both assess financial information but focus on different areas. Merchant underwriters evaluate merchant applications for payment processing and merchant accounts, while credit analysts analyze credit data for lending decisions. Both roles require financial knowledge and often similar certifications, but they serve distinct functions within the financial industry.

Remote Merchant Underwriter jobs near you
Director, Risk and Fraud

Director, Risk and Fraud

Quilt Software

New York, NY • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Posted 9 days ago

Job description

About Quilt Software
Ever wondered how your favorite local shops compete with the big guys? That's where we come in. We're Quilt Software, providing Main Street's unsung heroes - from quirky cheese shops to family-run jewelry stores - with the tools they need to compete. Last year, we helped 14,000+ shops make over $2 billion in sales with our family of industry-specific software solutions.
If you get a kick out of supporting local businesses, love great software, and want to be part of a company that's powering Main Street, we'd love to chat. Come join us in our quest to keep local retail not just alive, but thriving!
About the Role
This is an operator and leader role. You'll set strategy, run day-to-day risk and fraud operations, and build the systems and processes that scale with our portfolio. You'll work cross-functionally with Sales, Finance, Engineering, and Customer Experience to protect Quilt and our merchants - without becoming a speed bump in the sales motion.
What You'll Own
  • Lead merchant underwriting operations end-to-end - credit review, risk decisioning, exposure monitoring, and policy management
  • Manage fraud detection and prevention across the merchant portfolio, including chargeback management, dispute resolution, and loss mitigation
  • Maintain credit exposure within defined thresholds while optimizing merchant approval rates and minimizing unnecessary friction
  • Build and refine risk scoring models, underwriting frameworks, and fraud rule logic; champion automation wherever it reduces manual review without compromising controls
  • Develop and track KPIs across underwriting decisioning quality, fraud losses, chargeback rates, and portfolio health
  • Partner with Sales and Account Management to support merchant onboarding, escalations, and exception handling - acting as a collaborative resource, not a gatekeeper
  • Lead, develop, and grow a team of risk analysts and fraud operations specialists
  • Manage relationships with processors, card networks, and third-party risk vendors
  • Stay ahead of evolving fraud vectors, card network rules, and regulatory requirements relevant to PayFac operations

What you bring
  • 8-10+ years in payments risk, fraud, or underwriting - ideally in a PayFac, ISO, or acquiring environment
  • Strong analytical and data skills; comfortable building models, querying data, and driving decisions from numbers
  • Proven track record balancing risk discipline with business velocity in a high-growth setting
  • Hands-on operator instincts - you don't just design processes, you run them
  • Experience building and deploying risk automation tools and fraud ML models
  • Track record building and leading high-performing risk operations teams
  • Deep familiarity with chargeback management, dispute workflows, and card network rules (Visa, Mastercard)
  • Strong written and verbal communication; able to translate risk concepts for non-technical stakeholders

Nice to Have
  • Direct PayFac experience - familiarity with sponsor bank relationships, sub-merchant liability, and PayFac-specific regulatory obligations
  • Experience with Stripe, or Adyen as processing platforms
  • Background in specialty retail verticals (dive, pet, outdoor, liquor, etc.)

What we Offer
  • Opportunity to build software that powers real-world commerce at scale.
  • Competitive salary and equity package.
  • Comprehensive benefits (health, dental, vision, 401k, etc.).
  • Strong emphasis on engineering quality and career growth.

Salary: 160-180k Base + Bonus
Location: Remote, based in the United States
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
Notice - Employment Scams
Communication from our team regarding job opportunities will only be made by a Quilt Software employee with an @quiltsoftware.com email address. We do not conduct interviews over email or chat platforms, and we will never ask you to provide personal or financial information such as your mailing address, social security number, credit card numbers, or banking information. If you believe a scammer is contacting you, please mark the communication as "phishing" or "spam" and do not respond.

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