Credit Underwriter Jobs

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.

Pay: $44K-52K depending on experience level

This is an on-site role based at our Lindon, UT facility.

Benefits starting day 1!

401(k) match

PTO

Excellent health benefits

Paid family leave

Tuition assistance

Purpose

The Underwriter II is responsible for processing and reviewing applications of all levels and making recommendations on applications above their signing authority and in making credit decisions within their approval authority. Processing Applications in accordance with sound credit-granting principles and compliance with Company, Sponsor Bank and Legal, Policy and Procedures. The incumbent is responsible for effectively interacting 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. Risk Calculation Approval Limit is generally $100,000 for Underwriter II, in accordance with the US Credit Policy.

Essential Responsibilities

• Demonstrate good listening, interpersonal and team working skills.
• Verify all information provided on the merchant application and supporting documentation is correct and consistent with required standards.
• Evaluates a variety of applications and ensures compliance with laws, bank regulation, corporate and divisional underwriting policies, procedures and standards.
• Applies good knowledge of fair lending issues, rules and various internal and external policies and regulations.
• Properly file paperwork.
• Understand, read and interpret financial statements, tax returns and other similar documentation.
• Understand, read and interpret credit reports.
• Additional primary duties will be assigned as required.
• Communicate decisions effectively in both verbal and written communication.
• Understand Credit findings to 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 II approval authority as defined by policy.
• Understand the risks associated with the payment processing industry (Fraud, Credit, Regulatory, Legal, etc.)
• Understand the company underwriting policies and underwriting guidelines and demonstrate proficiency in underwriting all new applications consistent with approved underwriting policies and guidelines.
• Write detailed reviews and perform analyses, including company financial statements, cash flow, quality of assets and earnings, working capital, potential liabilities and risks, and the impact of credit findings.
• Seeks alternative means of financing or counter offers for all merchants/clients when it is determined that the original request cannot be accommodated.
• Call merchants regarding their applications when needed to verify information.
• Begins to understand niche markets and areas of expertise for the platform.
• Analyzes all pertinent credit and financial information, and demonstrates aptitude to interpret and evaluate consumer credit bureau reports, other reporting services, public records and bank files.

What Are We Looking For in This Role?

Minimum Qualifications

• Competency reading credit reports.
• 2 to 3+ years of credit, risk or equivalent experience in a related field required or combination of a related degree
• Strong understanding of and ability to read financial statements, tax returns and other similar documentation.
• And experience (Collections, Accounting, Underwriting, Credit Banking, Finance, Mortgage, Etc.).
• The ability to understand restricted industry requirements and nuances and make sound decisions

Preferred Qualifications

• Strong understanding of and ability to read financial statements, tax returns and other similar documentation.
• Previous experience with Salesforce preferred
• The ability to understand restricted industry requirements and nuances and make sound decisions
• Competency reading credit reports.
• Previous knowledge of the payment processing industry is preferred.

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.