Job Details

Credit Risk Specialist

London, Essex, United Kingdom, Permanent

Posted: 1hour ago


Credit Risk Specialist

Position Description Overview

Fiserv is looking for a Credit Risk Specialist who can join our team of analysts undertaking credit analysis, fraud monitoring activities and financial loss prevention for the UK and Ireland merchant base.

The team are responsible for monitoring all UK and Ireland portfolios for potential Credit and Fraud concerns; identifying merchants which pose potential financial or reputational risk to Fiserv; mitigating financial losses; and reporting to the relevant authorities where Fraud is identified.

Job Responsibilities

* Apply broad knowledge of credit risk principles, practices and procedures to manage exposure to merchant credit or fraud losses

* Responsible for the mitigation of Fraud & Credit Exposure being aware that decisions may have significant direct impact on risk strategy and activities

* Daily monitoring of clients/accounts

* Undertake fraud reviews; investigate unusual patterns using various information, such as processing activity, third party information and credit bureau reports

* Strategic thinker with analytical and creative problem solving skills to investigate complex fraud cases

* Educate merchants about fraud and mitigation.

* Prepares credit reviews, implements adverse actions and negotiations on mainstream accounts

* Using credit evaluation guidelines and client history to assess credit worthiness

* If risk is identified ensure the relevant documentation is prepared and escalated.

* Participate in projects as a Credit Risk Analyst representative in respect of new systems, enhancements to existing system functionality and conversion of new portfolios.

* Highlight and escalate potential system or procedural issues to the appropriate level.

* A successful analyst must have the ability to work in a fast pace environment and be able to make real time / accurate decisions.

* A successful analyst must have the ability to identify trends in processing, read consumer credit reports as well as credit reports on businesses, and complete risk assessments and financial analysis.

Candidate Requirements

* Credit analysis/portfolio management experience or equivalent is preferred

* Degree in related field or equivalent work experience is preferred

* Knowledge of personal credit report, business financial statements and chargebacks

* Strong problem solving, negotiation decision making and multi-tasking skills

* Interacting effectively and positively with all levels of personnel, partners, and vendors as well as customers

* Good written & oral communication skills and strong presentation skills

* Strong knowledge of Association rules & regulations

* Able to gather information, interpret the information and make a sound decision quickly

* Prior knowledge of Risk Management in the Acquiring industry is preferred

* Previous experience in the Financial Services industry preferably card acquiring

Business Overview

Learn more about Fiserv:

Life moves fast. And as it does, we know most people aren't thinking about "financial services" But we are.

We help people and businesses move money and information every minute of every day. Our solutions connect financial institutions, corporations, merchants and consumers to one another, millions of times a day, behind the scenes, reliably and securely.

We're 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 FORTUNEā„¢ 500 company and one of FORTUNE Magazine World's Most Admired Companies for the sixth consecutive year, we are committed to excellence and purposeful innovation.

Explore the possibilities of a career with Fiserv and Find Your Forward with us.

We welcome and encourage diversity in our workforce. Fiserv is an equal opportunity employer/disability/vet

Job Details

London, Essex, United Kingdom