Credit / Risk Manager

First Data

Company Type
Experience
Workhours

Description

First Data is a global leader in commerce-enabling technology solutions, serving more than six million business locations and 4,000 financial institutions in 118 countries around the world. Our 23,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,300 transactions per second and $1.9 trillion per year. First Data is committed to staying at the forefront of our industry, and we are innovating a wide range of next-generation commerce technology solutions to help our clients better detect fraud, gain insights into consumer spending patterns and build customer loyalty. There are many exciting opportunities for talented individuals who would like to join our team and play a meaningful role in helping us shape the future of global commerce.


First Data’s Shared Services organization, which includes the Human Resources, Finance, Legal, Marketing, Communications, Finance, Strategy, Compliance, Legal, Security, Sourcing, and Properties functions, supports our mission to drive our clients’ success with industry-leading solutions, consultative advice and service. The Shared Services teams align with our customer-facing teams in a model that drives consistency, yet also provides the flexibility needed to meet unit-specific goals. Our Shared Services employees bring the domain expertise that helps First Data retain and grow our base of owner-associates, drive profitable growth, navigate complex channel partnerships, and build First Data’s brand equity.


Position Description Overview

This position is responsible for performing Risk Assessment and Management activities for the largest volume / high risk prospective accounts using credit & Risk evaluation guidelines and client history to assess credit worthiness. Has direct interaction and conducts negotiation with clients. This position has responsibilities for supervising and training Risk Officers. Other key responsibilities for this position are system enhancements, implementation of process improvements and improving overall enrollment efficiencies. Responsible for the day to day monitoring of clients/accounts. Provides day to day oversight, management, & guidance to staff. Must be able to handle escalated calls and resolve problems and negotiate with commercial/merchant/portfolio accounts. Provides monthly reporting on Risk Mitigation results. Responsibility for the loss performance of portfolio managed and provides ongling feedback to channel management and Director of FD credit & risk on matters involving credit & risk.


Job Responsibilities

  • 'Performs duties under limited supervision, applying broad knowledge of credit risk principles, practices and procedures. Credit authority up to $500,000 in risk. Responsible for the daily supervision and performance monitoring of staff. Provides guidance to staff, Concurrence on Decisions, Training as needed. Responsible for the mitigation of over $2.5 Million in risk over a year. Decisions may have significant direct impact on risk strategy and activities. Position requires evaluation and ingenuity. '


Scope of Job

'Performs duties under limited supervision, applying broad knowledge of credit risk principles, practices and procedures. Credit authority up to $500,000 in risk. Responsible for the daily supervision and performance monitoring of staff. Provides guidance to staff, Concurrence on Decisions, Training as needed. Responsible for the mitigation of over $2.5 Million in risk over a year. Decisions may have significant direct impact on risk strategy and activities. Position requires evaluation and ingenuity. '


Job Requirements

  • 5+ years credit analysis/portfolio management experience or equivalent, including 3 years direct acquirer experience. 5 – 7 years supervisory experience. Bachelors degree in related field or equivalent work experience. Knowledge of personal credit report. Knowledge of Business Financial Statement. Strong problem solving, Negotiation decision making and multi tasking skills. Must have good written & oral communication skills. Must have a strong knowledge of Association rules & regulations. Must have knowledge in chargebacks. Must be able to gather information, interpret the information and make a sound decision quickly. Prior knowledge of Risk Management in the Acquiring industry.


First Data is an Equal Opportunity Employer


Primary Location

India-India_State Level-Thane-Thane-Unit No. 3 & 4, Level

Job Field

Credit Risk

Schedule

Full-time

Job Posting

Nov 10, 2017 L3 - Middle Mgmt/Sr Professional

Employee Status

Regular

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Confirmed an hour ago. Posted 30+ days ago.

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