Job Description
Summary of This Role
Processes and reviews client credit applications. Makes recommendations in accordance with sound credit-granting principles and compliance with Company, Sponsor Bank and Legal, Policy and Procedures. Effectively interacts with sales representatives, Senior Underwriters and Management to achieve timely adjudication of applications and in limiting loss, assessing risk, and in protecting the company against fraud and other risks.
What Part Will You Play?
- Risk Calculation Approval Limit is generally $10,000 for Underwriter I, in accordance with the Chilean Credit Policy.
- Understand the risks associated with the payment processing industry (Fraud, Credit, Regulatory, Legal, etc.)
- Learns, Maintains and applies knowledge of fair lending issues, rules and various internal and external policies and regulations in Underwriting processes of new merchant applications.
- Verify all information pro...