Merchant Underwriting Team Lead

Unlimit is a global fintech ecosystem building AI-native financial infrastructure to support a borderless global economy. They provide scalable infrastructure including payment processing, multi-currency accounts, BaaS, and crypto gateways, serving more than just businesses today.

Location: Armenia, Cyprus, Kazakhstan, Latvia, Malta, Serbia, Spain, Switzerland, United States

Responsibilities

• Develop, implement, and maintain high-risk merchant underwriting frameworks
• Ensure consistent delivery of comprehensive risk assessments across the high-risk merchant portfolio
• Lead and communicate due diligence outcomes, providing well-supported recommendations on merchant business model and risk mitigation approaches
• Build, mentor, and manage the high-risk underwriting team
• Conduct post-onboarding and periodic reviews to confirm that identified risks are adequately mitigated and controls remain effective
• Own and manage inbound requests from payment schemes and regulators, including assessment of identified gaps or non-compliance, preparation and coordination of action and mitigation plans, accountability for remediation activities, and end-to-end communication and case closure with all relevant stakeholders

Requirements

• 3+ years of hands-on experience in merchant underwriting, with a strong focus on high-risk merchant portfolios
• Prior experience in a senior or lead underwriting role within an acquirer, PayFac, PSP, or similar payment institution
• Strong understanding of high-risk business models and associated risk drivers
• In-depth understanding of regulatory and card schema requirements relevant to high-risk merchant onboarding and monitoring across multiple jurisdictions
• Demonstrated professional competence in underwriting, supported by relevant certifications or equivalent practical experience