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.