Job title: Manager, Underwriting
Reports to: VP, Credit Risk Manager
Department: Risk Management
Location: Hicksville, NY
Grade: 17
Our Company: Priority Technology Holdings, Inc. is a leading financial technology company that specializes in providing integrated payments and banking solutions. Our innovative native platform empowers businesses to effortlessly collect, store, and send money in a scalable manner. We are committed to revolutionizing the way companies handle their financial transactions by offering cutting-edge technology and exceptional customer service.
Job Summary: As the Manager of Underwriting you will lead our underwriting team in assessing and evaluating risk for our organization. The ideal candidate will possess a strong background in underwriting principles, risk assessment, and team management, with a keen eye for detail and the ability to make sound decisions in a fast-paced environment.
Responsibilities:
- Lead and manage a team of underwriters, providing guidance, coaching, and support to ensure consistent and high-quality underwriting decisions.
- Develop and implement underwriting policies, procedures, and guidelines to ensure compliance with company standards and regulatory requirements.
- Review and analyze underwriting data and trends to identify areas for improvement and implement strategies to optimize underwriting processes.
- Collaborate with other departments, such as sales, risk management, and claims, to streamline underwriting workflows and improve overall efficiency.
- Serve as a subject matter expert on underwriting matters, providing guidance and training to underwriters and other stakeholders as needed.
- Stay current on industry trends, market conditions, and regulatory changes affecting underwriting practices, and make recommendations for adjustments as necessary.
- Maintain a strong focus on customer service, ensuring timely and accurate responses to inquiries from internal and external stakeholders.
- Monitor underwriting performance metrics and KPIs, and provide regular reports and updates to senior management.
MINIMUM REQUIREMENTS:
- Excellent management, communication, interpersonal, organizational and leadership skills.
- Interpersonal skills.
- Communication proficiency.
- Time Management skills.
- Organizational skills.
- Good Judgment.
- Decision Making Propensity.
- Financial Management Prudence.
- Problem Solving/Analytical skills.
- Identifies and resolves problems in a timely manner; able to handle a situation under pressure and find a solution; uses reason even when dealing with emotional topics.
- Ability to receive and analyze data and input data into the computer.
- Must be able to receive and understand instructions, and carry out those instructions.
Compensation and Benefits:
- Compensation range: $80,000 - $95,000
- Unlimited PTO after year 1 (3 weeks to start)
- Medical, Dental & Vision
- 401k Match
- Education Expense Reimbursement
- Gym Membership Reimbursement
- HSA and FSA
- Employee assistance program (EAP)
Traditional Physical Requirements
- Requires prolonged sitting, standing, bending, stooping and stretching.
- Requires the ability to lift 10 pounds.
- Requires eye-hand coordination, manual dexterity and a normal range of hearing and vision (with or without correction).
Join our team at Priority Technology Holdings, Inc. and be part of a dynamic and innovative company that is transforming the financial technology landscape. Together, we can shape the future of payments and banking solutions while providing unmatched value to our clients.
