Risk Underwriter

Lightspeed, Sydney, New South Wales, Australia

The POS system that works for you.

Lightspeed is on the hunt for a Risk Underwriter to join our Payments Operations team. You will play an integral role in the preliminary risk assessment process. You will interact with the sales and marketing team to help potential payment customers secure payment products and services. Through its suite of products, Lightspeed processes billions in transaction volume. We are looking for a leader who can help us build the team, processes, and systems to ensure we effectively, profitably, and securely price, evaluate risk and underwrite our clients.

You will work on Compliance, Underwriting, and Transaction Review (Risk) functions and initially examine sub-merchant applications for legal compliance requirements and adherence to individual company guidelines.


What you’ll be responsible for:

  • Conduct risk assessment and decisioning of applications in the underwriting queue within assigned businesses, in line with acceptable risks as defined within the payment operation policies;
  • As directed, help design and implement procedures for escalating suspect fraud cases including creating mechanisms by which risk-appropriate adjustments can be incorporated within the fraud management process to reduce potential losses.
  • Identify and approve good payment business opportunities to help grow margin while rejecting/declining deals that are assessed to be outside of Lightspeed’s risk appetite for lending.
  • Maintain good relationships with various team including responding to questions and concerns that may be urgent in nature.
  • Contribute to operational improvements to streamline procedures/processes and enhance service.
  • On a daily, weekly, and monthly basis, develop and communicate standard reporting package of applications reviewed and decisioned by underwriting as a means of providing intelligence to the executives, sales, marketing and support teams, and other stakeholders;
  • Protect the interests of Lightspeed by ensuring the application is being adjudicated in accordance with assigned discretionary limits and established guidelines.
  • Perform due diligence in support of all sub-merchant applications.
  • Escalate with recommendation those applications that exceed discretionary limits and established guidelines.
  • Strong credit and risk acumen - Subject Matter Expert with knowledge of risk and underwriting analysis.
  • Strong knowledge of various sanction lists and compliance policy
  • Advanced knowledge of products, end to end processes and systems.
  • Experience in the decision making of complex sub-merchant applications


What you’ll be bringing to the team:

  • 2-5 years at a FinTech, Lending or within the Banking industry
  • Bachelor’s degree in Finance or other business-related field


Perks and Benefits

  • Participate in the Lightspeed global culture
  • Highly competitive salary package
  • Barista grade coffee machine supplies all the coffee you can handle
  • Regular team building events
  • Regular visits from our Sydney and Montreal team members
  • Awesome office space available + flexible Work from Home policy
  • Lightspeed Equity Package

Who we are

Lightspeed (TSX/NYSE: LSPD) powers small and medium-sized businesses with its cloud-based, omni-channel commerce platforms in over 100 countries around the world. With smart, scalable, and dependable point of sale systems, Lightspeed provides all-in-one solutions that help restaurants and retailers sell across channels, manage operations, engage with consumers, accept payments, and grow their business.

Headquartered in Montréal, Canada, Lightspeed is trusted by favourite local businesses, where the community goes to shop and dine. Lightspeed has offices in Canada, USA, Europe, and Australia.

We're passionate about enabling people to do their best work. Come work with us and find out what you can do!

About Lightspeed

About us We're more than just a high-tech point of sale. We provide customers with a simple way to build, manage and grow their retail, restaurant or eCommerce business, and create a best-in-class customer experience. Our end-to-end solutions unify inventory, customer management, sales and analytics across all channels, in-store and online. Our philosophy combines the tactile with the digital, the cutting-edge with the tried-and-true. We believe that retailers of all sizes should have access to top-tier technology, giving them the resources they need to succeed in a rapidly changing industry. We have offices in Montreal, Amsterdam, London, Gent, New York, Ottawa and Olympia.

Want to learn more about Lightspeed? Visit Lightspeed's website.