Underwriter

At Pockyt, we believe seamless access to global commerce is vital for every business and individual. However, today’s payment infrastructure struggles to keep pace with the rapid evolution of emerging markets and Web3 economies. Digital wallets, super apps, and real-time payments are reshaping how people transact, yet fragmentation continues to hinder cross-border growth.

Pockyt is transforming this landscape. We’re creating a two-sided payments infrastructure that streamlines transactions, supports diverse payment methods, and empowers businesses to transact effortlessly across borders. Trusted by over 2,000 global customers and 1 million users, Pockyt is the market leader in alternative payments, equipping merchants with the tools to thrive in an increasingly connected world.

About this Role

We are seeking an experienced and detail-oriented Underwriter to assess and manage merchant credit risk for our payment acceptance and payout products. The ideal candidate will have deep expertise in underwriting, exceptional analytical skills, and a strong understanding of the payments and financial services industry. This role is pivotal in ensuring Pockyt maintains a secure and scalable infrastructure while empowering our merchants to grow.

This is a highly collaborative role, working closely with Risk, Finance, and Product teams to ensure merchant creditworthiness and minimize financial exposure.

Key Responsibilities

Merchant Underwriting and Risk Assessment:

• Evaluate and assess the creditworthiness of new and existing merchants, ensuring adherence to Pockyt's risk policies.
• Perform in-depth analysis of merchant financials, transaction history, and industry-specific risks.
• Develop and maintain risk scorecards and underwriting criteria tailored to diverse industries and geographies.

Credit Decisioning and Monitoring:

• Make data-driven credit decisions on merchant onboarding and ongoing credit limits.
• Monitor merchant performance to detect changes in risk profile and recommend actions such as limit adjustments or termination.
• Collaborate with the Risk Manager to establish thresholds and escalations for high-risk cases.

Fraud Prevention and Compliance:

• Identify potential fraud and financial irregularities during underwriting and monitoring.
• Work with the Compliance and Legal teams to ensure underwriting practices align with regulatory requirements.
• Support the implementation of fraud detection tools and frameworks.

Collaboration with Technology Teams:

• Provide input to the Product and AI teams on requirements for automated underwriting systems.
• Assist in testing and refining machine learning models designed to streamline underwriting processes.
• Partner with engineering teams to enhance transaction monitoring and risk reporting capabilities.

Reporting and Insights:

• Generate detailed reports on underwriting decisions, merchant risk trends, and portfolio performance.
• Present insights and recommendations to the Risk Manager and executive team.

Qualifications

• Experience: 3 years in underwriting, credit analysis, or risk management, preferably within the payments or financial services industry.
• Technical Knowledge: Proficiency in analyzing financial data, credit reports, and risk indicators. Familiarity with payment processing systems and alternative payment methods is a plus.
• Analytical Skills: Strong ability to assess risk and make data-driven decisions while balancing business goals and risk tolerance.
• Regulatory Awareness: Knowledge of relevant compliance and regulatory frameworks, including KYC and AML requirements.
• Tech-Savvy: Experience with underwriting platforms, transaction monitoring tools, and familiarity with AI-driven risk assessment is highly desirable.
• Collaboration: Excellent communication skills to work effectively with cross-functional teams, including Risk, Finance, Product, and Engineering.