Risk & Underwriting Specialist II

Since 2003, Entrata has evolved from a visionary, student-led startup into a global leader in AI-driven property management technology. Today, we power the industry's most essential operating system, serving owners and residents worldwide through a comprehensive suite of intelligent leasing, payment, and communication tools powered by cutting-edge AI. With a proven track record of sustained growth and a global team of more than 2,200 employees, we offer the rare combination of established stability and high-velocity innovation. Recognized by the Silicon Slopes Hall of Fame and the Utah Business Fast 50, Entrata fosters a culture of radical transparency and entrepreneurial energy. At Entrata, we create an environment where different perspectives are valued and respected. Those perspectives challenge assumptions, strengthen our decisions, and raise the bar as we reshape the global living experience through AI-powered solutions.
The Risk & Underwriting Specialist II is a key contributor within the Payment Operations Department, responsible for the underwriting, onboarding, and ongoing monitoring of merchant accounts. This position plays an integral role in ensuring compliance with company credit policies and regulatory requirements while supporting the daily processing of bank files. The role requires attention to detail, critical thinking, and the ability to manage multiple account tasks in a fast-paced, regulated environment.
Responsibilities:
Underwrite merchant account applications in accordance with credit policies, industry rules, and regulatory standards
Monitor and confirm the accuracy of daily bank files and transaction records
Conduct customer validation on new and existing merchants, including screening against OFAC Sanctions Lists
Maintain and update merchant account information across internal platforms and acquirer systems
Process merchant account changes, such as fee adjustments, distribution settings, and contact updates
Perform quality assurance audits to verify accuracy of merchant configurations and settings
Respond to merchant inquiries via email within the department's defined service level.Assist in the onboarding and monitoring of merchants through the acquirer portal
Support internal and external audits, including card brand reporting and compliance checks
Identify opportunities for process improvement and recommend updates to standard procedures
Collaborate with team members and support special projects as assigned by leadership
Manage merchant account terminations in accordance with policies and regulatory standards
Essential Functions:
Underwrite and maintain merchant accounts in compliance with internal policies
Monitor and process daily bank files accurately
Perform customer validation and risk screening using regulatory tools
Maintain merchant data integrity across internal and external platforms
Ability to prioritize tasks effectively by meeting deadlines and managing workload efficiently
Maintain professional interaction with internal and external stakeholders
Ability to work in a fast-paced and high-stress environment
Minimum Qualifications:
Strong analytical and decision-making abilities with attention to detail
Familiarity with underwriting practices and risk management in payment processing
Effective written and verbal communication skills
Ability to follow and contribute to documented procedures and policies
Strong organizational skills and time management in a deadline-driven environment
Proficiency in Microsoft Office and Google Suite
Education and Experience Requirements:
Minimum of 2–4 years of experience in Accounting, Banking, or the Payments industry
Underwriting experience with a focus on payment processing, including domestic and international accounts, preferred
High school diploma or equivalent required; college coursework or degree in a related field preferred
Availability to work Monday through Friday, 9:00 a.m. to 6:00 p.m., with flexibility to stay late as needed, including select holidays
AI & Operational Fluency:
AI Integration: Utilize company-approved GenAI tools to accelerate high-value deliverables
Strategic Oversight: Exercise critical judgment as the "Human-in-the-Loop," by auditing AI outputs for factual accuracy, brand alignment, and the removal of hallucinations
Data Governance: Ensures no proprietary or Personally Identifiable Information (PII) data is exposed to unauthorized models
Prompt Competency: Demonstrates the ability to craft clear, context-rich prompts to achieve consistent, high-quality results across various business domains
Benefits:
Flexible and transparent culture with remote and hybrid work options, generous vacation time, and frequent company recharge days for work-life balance.
Comprehensive medical, dental, and vision coverage, including fertility benefits, available for eligible employees and their families.
HSA/FSA options and employer-paid disability benefits provided for eligible employees.
Access to 401(k) or similar retirement plans with employer matching for eligible employees, ensuring long-term financial security.
Wellness initiatives promoting physical and mental well-being, access to an onsite gym at HQ, gym memberships, mental health resources, wellness challenges, and employee assistance programs.
Entrata Cares programs offers opportunities for volunteerism, charity events, and giving back to our community.
Exclusive Previ cell phone plan and discounts on services or local business partnerships for additional employee benefits.
Bi-annual swag drops for employees
Currently, Entrata hires in Arizona, Idaho, Utah, Wyoming, Texas, North Carolina, Florida, Georgia, South Carolina, Ohio, Pennsylvania, and Illinois for Exempt roles and Arizona, Idaho, Utah, Wyoming, Texas, North Carolina, and Florida for Non-Exempt roles.
Entrata is dedicated to creating a workplace where a diverse and inclusive team thrives in an environment free from discrimination. We provide equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, protected veteran status, or any other applicable characteristics protected by law.
It’s a great place to work! Will you join us?
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
This band covers the full base compensation range for this role. Your offer within this range will depend on factors like experience, skills, and internal equity.
Level - S3

Work arrangement
Yes