Credit Risk Manager

Company: Fiserv Inc
Location: Beverly Hills
Posted on: April 6, 2021

Job Description:

You deserve to do what you love, and love what you do - a career that works as hard for you as you do. At Fiserv, we are 44,000, #FISVProud innovators, delivering superior value for our clients through leading technology, targeted innovation and excellence in everything we do. You have choices - if you strive to be a part of a team driven to create with purpose, now is your chance to Find your Forward with Fiserv. Apply today to join a company named a FORTUNE World's Most Admired Companies-- for the eighth consecutive year. Success Profile Every candidate has their strengths, and at Fiserv, we want to match you to a career that allows you to put your best foot forward. Do you have the competencies outlined below? If so, you might be an excellent candidate to Find Your Forward at Fiserv. 9

• Courageous 7 10
  • Strategic 8
    • Trustworthy 9 7 10
      • Motivational
      • Socially Conscious
      • Results Driven
      • Productive
      • Focused
      • Achiever
      • Problem-solver Associate Experience: Hear from Veterans of the Armed Services Create Together Your Career and the Culture at Fiserv We are #FISVProud!! Associate Experience: Hear from Veterans of the Armed Services Create Together Responsibilities Requisition ID R-10222615 Date posted 03/04/2021 City North Sydney State/Region New South Wales Country Australia What makes an outstanding Credit Risk Manager? As a key member of the a high performing team, the outstanding Credit Risk Manager will liaise with the sales team and acquiring partners to assist with developing new business, expansion and all risk optimisation activities including business and loss management. You'll be a highly motivated individual with a passion for all things credit and risk related. This is a crucial role to us build the next generation of payment for our customers. Individually, as a team and as a company we will impact the lives of thousands of people across the globe. What really makes this opportunity worthwhile is the exciting is our client base. It is continuingly evolving; we are currently collaborating with 2500 global financial institutions with 10 Million end users. Are you person to help us evolve further? Responsibilities: Credit Underwriting and Periodic Review Managing merchant credit assessment through--the underwriting process. Performing credit risk analysis and providing inputs to underwriting decision. Conducting fundamental review on high risk accounts and complex deals (e.g. Airlines, Gaming, Travel) using detailed financial statement analysis, credit bureau reports, sector analysis, and other third party information. Ensuring underwriting and periodic review processes and procedures adhere to local legislation (legal and compliance impacts) and Fiserv credit policy. Defining and putting in place controls to verify adherence of underwriting and periodic review processes to the agreed policies and SLA. Determining and negotiating with clients on security / collateral amounts. Provide training and guidance to other functions or credit operations team overseas Transaction Monitoring and Fraud Investigation Managing transaction monitoring rules and logic to identify suspicious/fraudulent activities Conducting investigations based on alerts generated on monitoring system or external reports Work with internal compliance team and regulatory authorities for suspicious activity reporting Collaborate with industry associations and other acquirers/banks for suspicious activity investigation and remediation Acquiring Partners Assessment and Risk Governance Conducting credit assessment on acquiring partners (i.e. ISO, Payment Facilitator, Marketplace) Performing due diligence on acquiring partners' credit policy and procedures in boarding merchants Performing sample review of relevant credit documents, assessment records, and settlement evidence to ensure partners' processes and procedures are in line with Fiserv standards and regulatory requirement Ongoing monitoring of partner performance, conducting periodic audit, and preparing audit report with remediation recommendations/requirement. Tracking the deployment of remediation actions to ensure gaps are closed within agreed timeframe. Key Skills At least 7 years' experience in credit analysis or risk management environment. Payment risk and acquiring partner risk management experience preferred Understanding of merchant acquiring processes including credit underwriting, merchant disputes, chargeback processing, card schemes (e.g. VISA/MasterCard) rules and regulations Proven understanding and application of risk management practices. Familiar with regulatory AML compliance requirement Reasonable knowledge on commonly used system capabilities in payment industry Demonstrated ability to negotiate with differ levels of stakeholders. Demonstrated analytical skills and ability to makes sound decisions. Passion to learn new skills and ability to gain an understanding quickly. What's in it for you? We are Fiserv, a global leader in Fintech and payments enabling innovative financial services experiences that are in step with the way people live and work today. The company's approximately 44,000 associates proudly serve clients in more than 100 countries, so their customers, members and consumers can move money when and where they need it, at the point of thought. Our Aspiration is to move money and information in a way that moves the world. As a FORTUNE--- 500 company and one of FORTUNE Magazine World's Most Admired Companies for the seventh consecutive year, we are committed to excellence and purposeful innovation. We welcome and encourage diversity in our workforce. Fiserv is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran Explore the possibilities of a career with Fiserv and Find Your Forward with us. Join our talent community and stay informed about Fiserv career news, events and new opportunities. Need answers to a question about our process? Curious to learn more about next steps once you apply? Selecting your next career is no small matter, so that's why we are here for you every step of the way. Learn more about our application, selection and hiring process, and get the answers you need to FAQs about recruiting at Fiserv.

Keywords: Fiserv Inc, Beverly Hills , Credit Risk Manager, Executive , Beverly Hills, California