Credit Underwriter – Mid-Market/Enterprise

Visa•Lehi, UT

11d•Hybrid

About The Position

The Credit Underwriter will become an expert on all aspects of our Bundled Acquiring services and engage cross functionally as a “go-to person”. Responsibilities include: Applying appropriate underwriting criteria to prospective merchant applications in accordance with credit policy to ensure financial exposure is appropriately mitigated. Support overall business needs by ensuring Underwriting group makes quality credit decisions within published SLAs. Underwrite merchants for both our Enterprise and Small Business platforms. Team with Sales and Acquiring Partners in order to provide a seamless experience to prospective merchants. Perform periodic reviews of existing merchants in an effort to manage overall risk. Work with Sales and Account Management on quantitative and qualitative understanding of merchant’s acceptance costs and processing effectiveness. Take an active role within CyberSource to identify and recommend for approval process/policy changes to make the group more effective. Contribute, as needed, to ongoing projects for the Bundled Acquiring Group. This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.

Requirements

2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
3 or more years’ experience with credit underwriting
Bachelor’s degree in finance, Economics or Accounting (or 5 years of relevant experience)
Expert knowledge and experience with financial analysis, including the ability to review and understand financial statements of both small- and large-sized companies which encompass financial modeling and calculation of key ratios
Excellent quantitative and Excel skills
Comfortable with and influential on outbound calls and in engaging with internal and external parties at all levels of an organization
Strong written and verbal communication skills

Nice To Haves

3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
Previous experience with Merchant Acquiring or Credit Card processing is a plus
Signing authority over risk exposure commensurate with job level and product offering

Responsibilities

Applying appropriate underwriting criteria to prospective merchant applications in accordance with credit policy to ensure financial exposure is appropriately mitigated.
Support overall business needs by ensuring Underwriting group makes quality credit decisions within published SLAs.
Underwrite merchants for both our Enterprise and Small Business platforms.
Team with Sales and Acquiring Partners in order to provide a seamless experience to prospective merchants.
Perform periodic reviews of existing merchants in an effort to manage overall risk.
Work with Sales and Account Management on quantitative and qualitative understanding of merchant’s acceptance costs and processing effectiveness.
Take an active role within CyberSource to identify and recommend for approval process/policy changes to make the group more effective.
Contribute, as needed, to ongoing projects for the Bundled Acquiring Group.