Underwriter

EVO Payments International GmbH, Branch Ireland (Dublin); Leicester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading payment solutions provider in Leicester is seeking an individual to manage the underwriting of businesses applying for card payment facilities. The successful candidate will assess and interpret credit risk, perform financial analyses, and ensure compliance with payment institution guidelines. A strong background in finance and risk management is essential for this role.

Qualifications

• Experience in underwriting and assessing business models in card payment environments.
• Strong analytical skills to interpret financial statements and credit reports.
• Knowledge of compliance and risk management in the payment industry.

Responsibilities

• Underwrite businesses applying for card payment facilities.
• Evaluate merchant business models and inherent risks.
• Perform financial analysis based on statements and forecasts.
• Ensure compliance with guidelines of payment institutions.

Skills

Financial analysis

Credit risk assessment

Compliance understanding

Communication

Job description

Every day, Global Payments makes it possible for millions of people to move money between buyers and sellers using our payments solutions for credit, debit, prepaid and merchant services. Our worldwide team helps over 3 million companies, more than 1,300 financial institutions and over 600 million cardholders grow with confidence and achieve amazing results. We are driven by our passion for success and we are proud to deliver best‑in‑class payment technology and software solutions. Join our dynamic team and make your mark on the payments technology landscape of tomorrow.

Main Duties

• Underwriting of businesses applying for Card Payments facilities
• Assessment / evaluation of feasibility of merchant’s business models in the POS (Point‑of‑Sale), MOTO (Mail Order / Telephone Order) and ECOM (E‑Commerce) environment including the inherent risks related to card acceptance / acquiring
• Performance of financial analysis based on financial statements and forecast
• Assessment of business models in the context of due diligence and compliance with the guidelines of the payment institutions
• Assess and interpret Credit Bureau Reports
• Verification that ECOM websites fulfil card scheme’s requirements (card due diligence)
• In line with granted credit authority, approval of merchant applications based on the risk assessment including the definition of required collaterals
• Communicate with sales channels and partners regarding new applications
• Proactively monitoring of the Merchant Portfolio
• Verification of adherence to compliance requirements and credit guidelines
• Periodic credit reviewing of the portfolio
• Participation in training of partners and merchants on risk management processes
• Calculation of reserves / collaterals based on credit exposure
• Work in close collaboration with wider Credit Team Members in other Global Payments locations