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Upgrade, Inc.

Commercial Underwriter

Job Posted 11 Days Ago Reposted 11 Days Ago
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Easy Apply
Hybrid
Phoenix, AZ
Entry level
Easy Apply
Hybrid
Phoenix, AZ
Entry level
The Merchant Underwriter will manage a pipeline of merchant applications, verify merchant details using various systems, review business credit files and financial documents, conduct background checks, and ensure compliance with licenses and sanctions while communicating with business owners to gather necessary documentation.
The summary above was generated by AI

Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $33 billion in affordable and responsible credit to our 5.5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.

We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1850 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.


About The Role:

Our Home Improvement team is looking for a Commercial Underwriter. We are looking for detailed oriented individuals to assist our merchants with the Onboarding Application Process. Our Merchant Underwriters are responsible for the accurate review, processing and decisions of merchant applications. This role requires in-office work from Monday to Thursday, with the flexibility to work from home on Fridays.

What You’ll Do:

  • Manage a pipeline of Merchant Applications

  • Utilize Experian, Lexisnexis, and other systems to verify merchant details

  • Read and interpret business credit files

  • Review business financial documents

  • Perform background checks on business owners and their businesses

  • Review current business practices and social media standings

  • Verify business license status

  • Perform review OFAC sanctions

  • Call and email business owners to obtain documents


What We Look For:

  • Small business underwriting experience 

  • Strong work ethic

  • Detailed oriented

  • Ability to multitask

  • Excellent verbal and written communication skills

  • Strong problem solving and analytical skills

  • Proven ability to remain positive during stressful situations

  • Team player, proactive approach to helping other team members

  • Proficient with Excel, Word, Outlook, and Tableau

  • BA/BS or higher highly preferred


What We Offer You: 

  • Great open office space
  • Paid time off (PTO)
  • 401K matching
  • Comprehensive benefits package: Medical, dental, vision, life insurance & disability
  • Conveniently located in the heart of Downtown Phoenix close to light rail and public transportation
  • Paid parking or platinum pass
  • New Hire Training Program
  • Wellness Incentive Program
  • Kitchen fully stocked with snacks and beverages

The compensation range of this position in Phoenix, AZ is USD $27.00 per hour plus benefits. Within this range, an individual's base pay will be dependent on a variety of factors, including without limitation, job-related knowledge, skills, education, and experience.

#LI-Hybrid #BI-Hybrid 

For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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