Financial Underwriting Lead

The role

The Underwriter will own decisions regarding merchant support, terms, and risk protection. This role involves underwriting new merchant applications and managing ongoing portfolio risk through financial analysis and policy creation.

What you will do

• Underwrite new merchant applications by analyzing financials, funding, runway, burn, and unit economics
• Make approve, decline, or conditional decisions with documented rationale
• Set reserves, holdbacks, volume caps, and exposure limits
• Run portfolio re-reviews and adjust terms as merchant risk changes
• Maintain a watchlist and escalation path
• Track realized losses back into the framework
• Build and maintain underwriting policy, scorecard, and exposure reporting
• Use AI/data tooling to speed up file review and decisioning
• Partner with Sales, Treasury Ops, Risk/Compliance, and support bank/acquirer diligence

Required qualifications

• 3+ years of experience in corporate debt analysis and underwriting
• Experience underwriting startups and privately held companies
• Ability to form a view from incomplete, unaudited, fast-moving financials
• Demonstrated ownership of a credit decision including writing memos and defending positions
• Fluency with financial statements, cash flow analysis, runway, burn and unit economics
• Advanced Excel with comfort building models and working with large transaction-level datasets
• Experience in AI enablement of finance and analysis workflows

Nice to have

• Payments/fintech/marketplace/MoR exposure
• Chargeback/refund/settlement risk
• Rolling reserves, holdbacks, chargeback ratios, card scheme monitoring
• Experience building/improving an underwriting policy or scorecard
• BigQuery or similar
• Digital goods, gaming, creator economy, subscription, or prediction markets

Benefits

• Health coverage: 100% of employee premiums on base plan and 75% of dependent premiums
• 21 days PTO plus applicable company holidays
• 401(k) with all plan administration fees covered
• Equity
• New MacBook Air and equipment
• Annual budget for workspace, tools, and professional development
• Monthly wellness reimbursement
• Annual global offsite

About the company

Breeze is building the AI-powered infrastructure layer for global commerce. The company is backed by Sequoia Capital, Multicoin Capital, and The Chainsmokers.