Associate Underwriting Officer

Company Description:Trust Payments is an MFSA-regulated in Malta; and an FCA-regulated company in the UK. We provide a range of payments and commerce solutions, with market-leading technology and data insights.We offer innovative payment methods and cutting-edge technologies, with a truly global presence. Our global offices cater to the most demanding business sectors, including retail, travel, hospitality, forex, and financial services.Driving value for our clients and demonstrating genuine care for their success, is a core value of ours. We also believe in striving to build a better, more sustainable tomorrow and believe in conducting our business ethically, driving social and environmental change.We have a passionate, collaborative, and diverse culture that recognizes that every employee contributes to our business success.Find out more at www.trustpayments.com. Trust Payments has an exciting opportunity for an Associate Underwriting Officer to join their team.Location: Hybrid - Port City, Colombo, Sri LankaSalary: Competitive + BenefitsWorking hours - UK working hours (1.30 PM IST - 10.00 PM IST) How will you make an impact in this role?The Role:The Underwriting Specialist Officer will be required to undertake underwriting of prospective as well as existing customers, assess the business model of applicants and conduct compliance and credit checks to ensure adherence to Company and card scheme policies and regulations. The role will be part of a team of underwriters, working closely with colleagues to ensure optimum customer service. The candidate will communicate with internal company departments, as well as management and offer assistance on risk related matters.What We Expect of You, Day To Day:Conducting identity checks (KYC – Know your customer), AML, identifying and locating, credit score analysis, and full product and website reviewFollowing underwriting standards, company policies, and best practice to minimise risk and maximise efficiencyConducting compliance and credit checks and analysisMeeting all legal and regulatory requirements to ensure obligations are fulfilledReviewing legal documentationEnsuring adherence to company and card scheme rules and policiesCalculating financial risk exposure and relevant risk mitigation measuresCollaborating with the Risk Department to agree on risk and remittance terms for high-risk merchantsContributing to process improvements and sharing best practiceBuilding strong partnerships with other teams such as the Business Relations teamQualificationsAnalytical skills to identify and assess potential fraud and compliance issuesWorking knowledge of compliance regulationsExperience in financial credit risk assessmentSkills in risk assessment and the ability to escalate appropriatelyAbility to prioritise effectively to ensure timely goal achievementStrong communication and decision-making skillsAttention to detailAnalytical and investigative skillsExperience in creditUnderstanding of card schemesWe offer comprehensive benefits to support our team members and their families' well-being. Our robust benefits package includes (subject to local office benefits policy): Be part of a dynamic, market-leading Fintech experiencing rapid growthFlexible work arrangements tailored to role requirements and business needsComprehensive wellness initiatives, including mental health resources supported by internally qualified mental health first aidersExtensive leave provisions, encompassing annual, volunteering, and birthday allowancesProgressive family-oriented policies and benefits, including Maternity, Paternity and Adoption leaveRobust compensation package, including pension scheme, healthcare plans, and life assuranceRegular corporate events fostering team cohesion and company cultureDiverse company culture and global working environmentContinuous professional development and career advancement opportunitiesChoosing to work with Trust Payments in our Sri Lanka office can come with a host of unique benefits thanks to our partnership with Port City Colombo. These include:Core Points:0% Personal Income Tax: Employees can enjoy the benefit of no personal income tax, in turn maximising the employee's take-home pay.Remuneration in Great Britain Pounds: Additionally, employees will receive competitive salaries (GBP).Provident and Trust Fund Contributions: Port City contributes to the Employees’ Provident Fund and Employees’ Trust Fund.Additionally:Work from home: Employees can enjoy the flexible working.Offer of employment with Trust Payment is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.Get a glimpse into the exciting world of Trust Payments through:Our Careers PageOur LinkedIn Life PagesNext Steps: Ready to revolutionize fintech? If you're excited about this opportunity, we'd love to hear from you!Our Talent Acquisition Team will review your application promptly. We'll contact successful candidates via email and phone to discuss the next steps, including our inclusive interview process.Additional Information: Trust Payments is an Equal Opportunities Employer We are a growing business with an aspiration to create a truly inclusive working environment, where each employee can reach their full potential. We celebrate the differences that exist within our teams. We encourage our people to bring their own opinions and thoughts to work, to be authentic and help us to innovate. We do this by embracing people as individuals, and appreciating that what works for one person, doesn’t work for everyone. We are committed to equal employment opportunity for all, regardless of race, heritage, religion, gender, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or any other protected characteristic.If you require reasonable adjustments to be made to enable you to apply for a role with us or wish to provide feedback about the accessibility of this website, please contact the Talent Acquisition Team.Automated Assessment NoticeTrust Payments may use automated tools during our recruitment process, including skills assessments and application screening questions. All decisions involve human oversight and comply with data protection legislation. Candidates can request human review of any automated screening decisions.To submit your CV for this opportunity, please complete the application form and click 'Apply' now.