Credit Approval Clerk Jobs Vacancy in Global Payments Jeffersonville
Global Payments Jeffersonville urgently required following position for Credit Approval Clerk. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.
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Credit Approval Clerk Jobs Vacancy in Global Payments Jeffersonville Jobs Details:
PURPOSE : To provide timely and unparalleled excellence in processing and evaluating merchant requests with risk calculation approval limit of $30,000; while maintaining optimum safety and profitability of the portfolio.
The Underwriter I is responsible for processing and making credit decisions on Low/Medium Risk Payment. Processing Applications in accordance with sound credit-granting principles and compliance with Company and Sponsor Bank Policy and Procedures. This position is responsible for effectively interacting with merchants, sales representatives, Lead Underwriters and Manager to achieve timely adjudication of applications and minimize risk of losses.
Risk Calculation Approval Limit is generally $30,000 for level I Underwriter, but could be considered for opportunities with more complex accounts.
The shift for this position is 11a - 8p, Monday through Friday.
Major Job Duties/Responsibilities:
Prepares and Analyzes Financial Information
Evaluates requests by reviewing application against credit policy, guidelines and procedures.
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.
Documents summary analysis and/or credit decisions in decision software.
Ensures complete underwriting assessment package with initial due diligence to assist Upper Management.
Ensures adherence to lending directives, policies and procedures.
Decisions/Recommends Credit Applications
Understands credit scoring and may work with abbreviated loan review matrix tools to aid in decisioning credit requests.
Exhibits the ability to decision applications in a “grey/review area of scoring” and apply subjective criteria to render a decision within their authority level.
Seeks alternative means of financing or counter offers for all merchant/clients when it is determined that the original request cannot be accommodated.
Responsible for making accurate decisions in payments processing within specified limits, using understanding of credit scoring and risk management concepts.
Must work to evaluate and make recommendations to Lead Underwriters and/or Manager on accounts beyond individual approval authority.
Credit Risk Management
Minimizes risk exposure by adhering to internal credit policies & procedures with respect to lending decisions.
Advises and recommends alternative means of approving for merchants/prospects when it is determined that their business structure is not in the best interests of the company/ bank.
Maintains and applies comprehensive knowledge of fair lending issues, rules and various internal and external policies and regulations that directly impact the line of business.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be an exhaustive list of responsibilities, duties and skills required.
1-3 Years previous work experience in collections, credit, underwriting, or an equivalent occupation with progressive responsibilities.
Prior Relationship Management experience is a plus .
Ability to work in team driven environment, yet be able to work independently to complete daily tasks.
Working knowledge of Banking and/or Payments products.
Working knowledge of cash flow, credit and collateral evaluation.
Working knowledge of financial statement analysis and review of tax returns.
Strong knowledge of credit policies, procedures, principles and philosophy.
Knowledge of Word, Excel and Financial Statement Spreading Tools.
Excellent oral and written communication skills.
Ability, at a working level, to make sound transactional decisions in accordance with policies and directives.
Ability to work rapidly, independently and accurately under pressure to meet departmental goals.
Ability to communicate effectively with Relationship Managers.
Ownership and accountability for personal performance and development.
HPS offers a competitive salary and comprehensive benefits package to qualifying employees.
HPS is an equal opportunity employer
We are an EOE F/M/D/V.
Global Payments, Inc. provides equal employment opportunities to all employees and applicants for employment without regard to race, color creed, religion, sex, national origin, age, citizenship, disability, veteran status or any other protected status. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the Human Resources Department.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed. They are not intended to be an exhaustive list of responsibilities, duties and skills required.