JPMorgan Chase Credit Ops Analyst II - Merchant Services - Plano, TX in Plano, Texas
Analyze new and existing merchant companies, considering financial viability vs. exposure to the firm, Proficient in reading credit reports (Experian/Equifax), Dun & Bradstreet, & financials (balance sheet, income statement, cash flow statement).
Perform financial statement analysis based on key financial ratios as they apply to the merits of the subject's profile.
Calculate the notional risk associated with each applicant's business model and method of accepting payment instruments consistent with established procedures.
Conducts calls with internal & external parties to obtain an overall understanding of the financial profile, processing characteristics, business models, and company structure.
Ensure merchant meets the firm’s KYC (Know Your Customer)and AML (Anti-Money Laundering) standards, Payment Brand requirements and perform necessary due diligence
Communicate collateral implementations (reserve, UCC, letters of credit, guarantees), division (additional business added) declines or approval terms and conditions for new and existing business.
1-3 Years’ experience in a credit analyst/underwriting position or similar decision making role is required.
Understanding of financial statements is required
College degree in related field of study (Business/Finance/Accounting).
Ability to work in a fast paced, high production environment performing multiple tasks is required.
Able to provide professional communication via phone, email, and in person when interacting w/ internal and external customers.
Analytical/problem solving skills
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.