JOB DESCRIPTION
As a credit operations associate, you will spend each day reviewing merchant applications, websites, personal credit bureaus, and merchant fraud prevention tools to evaluate the legitimacy of merchants and their financial ability to support calculated risk exposure to the Merchant Services business. You will be a decision maker in the onboarding process and will determine if Merchant Services will be able to conduct business with the merchant.
Job Responsibilities:
- Analyze new and existing merchant companies, considering financial viability vs. exposure.
- Proficient in reading credit reports (Experian/Equifax).
- Calculates the notional risk associated with each applicant's business model and method of accepting payment instruments consistent with established procedures.
- Conducts information gathering calls with internal & external parties to obtain an overall understanding of the financial profile and to become familiar with processing characteristics, business models and company structure.
- Reviews business model and processing characteristics for existing merchants to ensure and report on compliance with Payment Brand rules and regulations.
- Required Qualifications, Capabilities and Skills
- Ability to work in a fast paced, high production environment performing multiple tasks.
- Accuracy with attention to detail
- Analytical/problem solving skills
- Strong decision making skills
- Excellent written and verbal communication skills
- Preferred Qualifications, Capabilities and Skills
- Proficient in reading credit reports (Experian/Equifax).
- The candidate for this position should have 2 years prior credit experience.
- 2 years of experience in a related analytical role.
Experience in a credit analysis or underwriting environment.
ABOUT US
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
ABOUT THE TEAM
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
