Our client, a leading global provider of online payment solutions, is looking to expand its team of Credit Underwriters.
Based in Cambridge, and working as part of the Risk Management team, you will be responsible for underwriting merchants’ accounts to ensure mitigation of financial exposure and fraud as well as ensuring compliance with Card Scheme Rules.
Key responsibilities will include the analysis of business public record database inquiries, collateral collection and the development, documentation, and execution of standardized policy to ensure best business practices. Adherence to best practices for Anti-Money Laundering and “Know Your Customer” policies.
Following established policies, evaluating risk potential of merchants – by understanding the merchants’ financial resources, sources of income, credit file, and expense liabilities etc., You will liaise with merchants and internal departments and present case work to key management, ensuring compliance with governmental, bank, credit card and other payment companies or associations’ rules.
The ideal candidates will have 2 years minimum relevant experience in underwriting, specifically in an online payment processing, e-commerce or banking environment. You will have great attention to detail and be meticulous in your approach