1 Credit Underwriter I Job in Jeffersonville, IN
Global Payments is Hiring a Credit Underwriter I Near Jeffersonville, IN
Tuition reimbursement
onsite daycare
excellent health plans
onsite gym and cafes
Schedule: M-F 9AM-6PM Summary of This Role Processes and reviews client credit applications. Makes recommendations in accordance with sound credit-granting principles and compliance with Company, Sponsor Bank and Legal, Policy and Procedures. Effectively interacts with merchants, sales representatives, Senior Underwriters and Management to achieve timely adjudication of applications and in limiting loss, assessing risk, and in protecting the company against fraud and other risks.
What Part Will You Play?
- Risk Calculation Approval Limit is generally $50,000 for Underwriter I, in accordance with the US Credit Policy.
- Understand the risks associated with the payment processing industry (Fraud, Credit, Regulatory, Legal, etc.)
- Learns, Maintains and applies knowledge of fair lending issues, rules and various internal and external policies and regulations in Underwriting processes of new merchant applications.
- Verify all information provided on the merchant application and supporting documentation is correct and consistent with required standards.
- Call merchants regarding their applications when needed to verify information.
- Read, interpret and analyze credit reports, financial statements, bank files, tax returns, other similar documentation and public records.
- Analysis of all pertinent credit and financial information to assess degree of risk and creditworthiness of prospective merchants.
- Ensure compliance with laws, bank regulation, corporate and divisional underwriting policies, procedures and standards.
- Provide recommendations (approval, credit holds or declines etc.) on merchant applications and identify, document and escalate to management those deals that are over an Underwriter 1 approval authority as defined by policy.
- Communicate decisions effectively in both verbal and written communication.
- Demonstrate good listening, interpersonal and team working skills.
- Work with Sr. Underwriters to seek alternative means of financing or counter offers for all merchants/clients when it is determined that the original request cannot be accommodated.
- Additional primary duties will be assigned as required
- HS degree or equivalent
- At least 1 year of previous financial experience in accounting, credit, or other related field.
- Typically no related experience required
- Previous knowledge of the payment processing industry is preferred.
- Previous experience with Salesforce preferred
- Working knowledge of business financial statement analysis and review of tax returns preferred.
- Working knowledge of credit policies, procedures, principles and philosophy preferred
- Skills / Knowledge - Learns to use professional concepts. Applies company policies and procedures to resolve routine issues.
- Job Complexity - Works on problems of limited scope. Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained. Builds stable working relationships internally.
- Supervision - Normally receives detailed instructions on all work.
Job Summary
Full Time
Software & Cloud Computing
$54k-69k (estimate)
01/29/2023
06/09/2024
globalpaymentsinc.com
ATLANTA, GA
15,000 - 50,000
1967
Public
JEFFREY S SLOAN
$5B - $10B
Software & Cloud Computing
Related Companies
About Global Payments
Global Payments provides payroll administration, Point of Sale, m-commerce and payment processing solutions for businesses.
The job skills required for Credit Underwriter I include Underwriting, Analysis, Financial Statements, Tax Return, Credit Reports, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Underwriter I. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Underwriter I. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Credit Underwriter I positions, which can be used as a reference in future career path planning. As a Credit Underwriter I, it can be promoted into senior positions as a Health Underwriter that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Underwriter I. You can explore the career advancement for a Credit Underwriter I below and select your interested title to get hiring information.
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