# Risk Underwriting Intern (Summer 2026)

**Company:** [payabl.](http://jobs.workable.com/companies/sVkt9hjnPaomoq9k7Rs6ZA.md)
**Location:** Limassol, Cyprus
**Workplace:** on site

[Apply for this job](http://jobs.workable.com/view/d53eba3c-fc84-47ec-a2c8-7c8afb3bb2ad)

## Description

Dive into the dynamic world of fintech and payments with our hands-on summer internship! Perfect for curious students and recent graduates eager to get real exposure to merchant underwriting, transaction monitoring, and risk management. No prior experience needed - just bring your analytical mindset, attention to detail, and passion for challenging norms in the payments space. Build foundational skills for a fintech career while working alongside our Risk team. 

**Program Overview:**

-   This program is designed to provide broad exposure to merchant underwriting and monitoring within our Risk Department.
-   Is suited for candidates with an interest in fintech, risk management, acquiring, merchant underwriting, transaction monitoring.

**Learning Scope:**

-   Develop a foundational understanding of the payments ecosystem (the flow of money between Customer, the Merchant, the Acquirer, and the Card Schemes).
-   Become familiar with key concepts in payments, such as acquiring, alternative payment methods, point-of-sale (POS), chargeback, fraud, card scheme networks.
-   Get familiarity with basic risk assessment frameworks: how to assess merchants, review websites, spot basic “red flags”.
-   Strengthen analytical, organizational, and attention-to-detail skills through practical tasks.
-   Gain insights into how Underwriting/ Risk functions operate on a daily basis.

**Tasks and Duties:**

-   Assist in the review of merchant applications under supervision.
-   Maintain well-organized onboarding records and documentation within centralized merchant repositories.
-   Support website assessment processes, including uploading merchant information and websites to internal automated tools (e.g. SimilarWeb, Ballerine, Webshield), extracting and saving generated reports.
-   Collect and store relevant website data, such as terms and conditions, policies, checkout screenshots and other supporting materials in merchant files.
-   Input merchant data into card schemes databases (inputter only, supervisor approval is mandatory).
-   To monitor card schemes retroactive blackscreening alerts, and pass it to the supervisor for review.
-   Provide general support to the Underwriting Team in day-to-day operational tasks.

**Program Details:** 

-   Duration: 38-40 weeks (full-time).
-   Start date: June 10, 2026.
-   Location: Office-based in Cyprus (on-site required).
-   Openings: 1-2 interns only.
-   Ideal Candidate: Curious students/grads from any background (business, econ, tech, or beyond)-prioritize eagerness to learn payments/risk, strong analytics, and a challenger mindset.

**Hiring Process:** 

✔️ **Application Screening -** Applications will be reviewed and selected candidates will be invited to complete a video interview.

✔️ **Video Assessment -** You will record a max 30-minute video on our platform, answering a few questions designed to reveal your curiosity, ingenuity, and attention to detail.

✔️ **Interviews -** Successful candidates will be invited to a 30-minute interview with the Head of Talent Acquisition, followed shortly by a final conversation with the Head of Risk.

Let's embark on a journey to redefine the landscape of payments together. We're not just offering a role; we're inviting you to be a part of something bigger. Join our team, and let's innovate, disrupt, and lead the future of payments. Together, we can make an impact that resonates. Welcome to the team! 

_If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at_ [_https://www.payabl.com/privacy-policy_](https://www.payabl.com/privacy-policy)