Vice President, Underwriting
Location
Worldwide
Posted
2 days ago
Salary
0
Seniority
Lead
Job Description
Vice President, Underwriting
Kurv
• Define and execute a forward-looking underwriting strategy aligned to corporate growth targets, risk appetite, and capital efficiency objectives. • Establish and maintain dynamic risk tolerance frameworks segmented by vertical, channel, and product type. • Partner with Sales, Product, Finance, and Compliance to embed risk-adjusted decisioning into go-to-market strategy. • Oversee end-to-end merchant underwriting across SMB, mid-market, and enterprise segments. • Develop and maintain underwriting policy, exception governance, and escalation protocols. • Monitor portfolio performance metrics (loss rates, chargeback exposure, fraud indicators, concentration risk) and proactively recalibrate underwriting criteria. • Support with the implementation of predictive modeling and machine learning capabilities to enhance risk scoring and pricing precision. • Drive underwriting automation and straight-through processing to improve speed-to-decision while preserving control integrity. • Optimize workflow design, capacity planning, and service-level standards to support scalable growth. • Build robust QA and second-line review mechanisms to ensure policy adherence and regulatory compliance. • Ensure underwriting practices comply with card brand rules, sponsor bank requirements, AML/BSA standards, and applicable state and federal regulations. • Maintain strong documentation, audit trails, and defensible decision frameworks. • Serve as primary underwriting liaison during regulatory exams, sponsor bank reviews, and internal audits. • Champion data-driven decisioning, including integration of alternative data sources and third-party risk intelligence tools. • Collaborate with Technology and Data teams to modernize underwriting systems and reduce manual friction points. • Leverage analytics to identify emerging industry risk trends and proactively adjust exposure. • Recruit, develop, and retain high-performing underwriting and risk professionals. • Establish a culture of accountability, analytical rigor, and commercial partnership. • Create clear performance KPIs tied to portfolio outcomes and operational efficiency.
Job Requirements
- 10+ years of progressive underwriting or credit risk leadership experience within payments, fintech, merchant acquiring, or financial services.
- Deep expertise in merchant risk, card-not-present exposure, chargeback management, fraud typologies, and high-risk vertical underwriting.
- Demonstrated experience scaling underwriting functions in high-growth environments.
- Strong knowledge of card network rules, sponsor bank frameworks, AML/BSA expectations, and regulatory risk management principles.
- Proven track record of leveraging analytics, automation, and technology to modernize risk operations.
- Executive-level communication skills with the ability to influence cross-functional stakeholders and board-level audiences.
Benefits
- Health insurance
- 401(k) matching
- Flexible working hours
- Paid time off
- Professional development opportunities
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• Analyze medical, personal and financial information to assess the overall risk to the organization in accordance with applicable standards and practices • In the event of non-standard decisions, negotiate with reinsurers to find solutions to obtain the best possible decision for our members, clients and partners • Communicate in writing or by phone with stakeholders • Help develop operational processes and modifications to the sector's computer systems • Make decisions and be able to justify them to members, clients and partners
Underwriting Specialist
MercorCincinnatus is an enterprise staffing company that partners with leading technology companies to source and employ highly skilled professionals for full-time and long-term contingent roles. Cincinnatus serves as the employer of record for these engagements, providing W-2 employment, payroll, benefits, and compliance, while placing employees directly within client teams to work on high-impact initiatives. Roles hired through Cincinnatus are not project-based or freelance engagements. They are structured, role-based positions that typically involve full-time or fixed-term commitments, close collaboration with a client's internal teams, and integration into standard enterprise workflows. Cincinnatus is a legal entity separate from Mercor. While opportunities may be discovered through Mercor's platform, employment, onboarding, payroll, and benefits for these roles are administered by Cincinnatus. Equal Employment Opportunity Cincinnatus is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or any other legally protected characteristic. Cincinnatus is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans throughout the job application process.
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