Credit Underwriter (on-site)

Company: Global Payments
Location: Lindon
Posted on: January 27, 2023

Job Description:

Every day, Global Payments makes it possible for millions of people to move money between buyers and sellers using our payments solutions for credit, debit, prepaid and merchant services. Our worldwide team helps over 3 million companies, more than 1,300 financial institutions and over 600 million cardholders grow with confidence and achieve amazing results. We are driven by our passion for success and we are proud to deliver best-in-class payment technology and software solutions. Join our dynamic team and make your mark on the payments technology landscape of tomorrow.This is an on-site role at our facility in Lindon, UT.Summary of This RoleProcesses 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 $150,000 , in accordance with the US Credit Policy.Understand the risks associated with the payment processing industry (Fraud, Credit, Regulatory, Legal, etc.)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.Demonstrate advanced proficiency in all underwriting processes and policies, and be able to communicate that knowledge verbally and in writing to other staff.Work closely with Sales Mgt to resolve questions and pending deal resolution.Independently underwrite all new applications within Sr. Underwriter approval authority consistent with underwriting policies and guidelines.Applies in-depth and advanced credit knowledge and judgement with a solid understanding of industry standards and corporate operations practices to complete more complex credit decisions Performs advanced analysis of credit reports, financials, tax returns and other similar documentation.Seeks alternative means of financing or counter offers for all merchant/clients when it is determined that the original request cannot be accommodated.When risk exceeds the Sr. Underwriter approval authority provides write up and recommendations to management.Communicate decisions effectively in both verbal and written communication.Must work to evaluate and make recommendations to the Manager and Director, and where required WWC (Worldwide Corporate Credit) review on accounts beyond individual approval authority.Properly file paperwork.Review files from other underwriting staff for accuracy.Mentor lower level analysts.When requested consult with Mgt. on procedural and policy changes, concerns or clarifications.When requested assist Underwriting Mgt. with training and development of underwriting personnel.Perform audits for Mgt.May serve on special project resource teams as assigned.Good understanding of niche markets and areas of expertise for the platform.Demonstrate strong interpersonal and team work skills, must have ability to work with individuals from diverse cultural backgrounds and maintain cordial and effective relationships with clients, coworkers, and other business contacts.Additional primary duties will be assigned as required.What Are We Looking For in This Role?Minimum QualificationsBachelor's Degree in Finance or Accounting or combination of a related degree and experience required.Typically minimum 4 years relevant experience in credit, risk or equivalent experienceIn-depth credit operations knowledge, industry standards corporate policy and operational practices.Strong business and consumer credit and exposure analysis skills.Strong ability to read/review/analyze personal and business financial statements, interpret credit bureau reports, analyze trade experience, tax documents, and utilize external financial resources.Strong analytical and process skills.Strong communication (written and verbal), customer service, multi-tasking skills.Strong interpersonal and team work skills, and must have ability to work effectively with individuals from diverse cultural backgrounds and maintain cordial and successful relationships with coworkers, and other business contacts.Preferred QualificationsAdvanced knowledge and judgment to complete more complex credit decisions.Advanced proficiency in all underwriting processes and policies, and be able to communicate that knowledge verbally and in writing to other staff.Previous experience with Salesforce preferredWhat Are Our Desired Skills and Capabilities?Skills / Knowledge - A seasoned, experienced professional with a full understanding of area of specialization; resolves a wide range of issues in creative ways. This job is the fully qualified, career-oriented, journey-level position.Job Complexity - Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Demonstrates good judgment in selecting methods and techniques for obtaining solutions. Networks with senior internal and external personnel in own area of expertise.Supervision -Normally receives little instruction on day-to-day work, general instructions on new assignments.Global Payments Inc. is an equal opportunity employer.Global Payments provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including pregnancy), national origin, ancestry, age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other basis protected by law. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the Human Resources Department.

Keywords: Global Payments, Salt Lake City , Credit Underwriter (on-site), Accounting, Auditing , Lindon, Utah