What are the responsibilities and job description for the Senior Credit Risk Officer position at Fiserv?
What does a Senior Credit Risk Officer do?
You will work with very large accounts, assessing risk and performing financial statement analysis. You'll have significant visibility to senior leadership, legal and sales. The Fiserv Credit Risk Organization is responsible for managing the risk throughout the lifecycle of the firm's products and services. This is an exciting and fast paced organization where your contributions can significantly impact Fiserv's bottom line.
What you will do:
- Manage a portfolio of high risk merchant accounts in the airline, cruise line, travel, furniture, gaming, crypto and e-commerce sectors - in the enterprise and middle market space.
- Prepare and present weekly/monthly/quarterly reporting for senior leaders with focus on key merchant/industry KPI's including liquidity, leverage, financial performance, processing performance, key competitors, emerging risks, macro impacts, regulatory risks, compliance risks, etc.
- Determine appropriate risk mitigation strategies for problematic accounts - collateral actions, exit strategies, contract restructurings, etc.
- Engage with internal and external stakeholders in legal, relationship management, chargeback operations, bank partners, etc to drive actions forward in a timely fashion to ultimately prevent/mitigate credit losses to Fiserv.
What you need to have:
- Credit risk experience in middle market or corporate bank lending, merchant acquiring risk focused on enterprise clients and/or large scale asset based lending
- Negotiation and influencing experience
- Experience with US Bankruptcy code
What would be great to have:
- Experience in the airline and cruise line sectors.
- Bachelor's degree in Business Management, Finance, Economics, Statistics or related quantitative discipline.
- Experience aiding in developing new internal systems.
Perks at work:
- We're #FISVProud of our commitment to your overall well-being with a growing offering of physical, mental, emotional, and financial benefits from day one.
- Maintain a healthy work-life balance with paid holidays, generous time off policies, including Unlimited Recharge & Refuel for qualifying associates, and free counseling through our EAP.
- Plan for your future with competitive salaries, the Fiserv 401(k) Savings Plan, and our Employee Stock Purchase Plan.
- Recognize and be recognized by colleagues with our Living Proof program where you can exchange points for a variety of rewards.
- Prioritize your health with a variety of medical, dental, vision, life, and disability insurance options and a range of well-being resources through our Fuel Your Life program.
- Advance your career with training, development, certification, and internal mobility opportunities.
- Join Employee Resource Groups that promote our diverse and inclusive culture where associates can share perspectives, exchange ideas, and elevate careers.
Our commitment to Diversity and Inclusion:
Fiserv is an Equal Opportunity Employer, and we welcome and encourage diversity in our workforce that reflects our world. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by law. Want to find out more? Click here (https://www.fiserv.com/en/about-fiserv/diversity-inclusion.html) to learn more about how we cultivate a diverse and respectful workplace.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
You will work with very large accounts, assessing risk and performing financial statement analysis. You'll have significant visibility to senior leadership, legal and sales. The Fiserv Credit Risk Organization is responsible for managing the risk throughout the lifecycle of the firm's products and services. This is an exciting and fast paced organization where your contributions can significantly impact Fiserv's bottom line.
What you will do:
- Manage a portfolio of high risk merchant accounts in the airline, cruise line, travel, furniture, gaming, crypto and e-commerce sectors - in the enterprise and middle market space.
- Prepare and present weekly/monthly/quarterly reporting for senior leaders with focus on key merchant/industry KPI's including liquidity, leverage, financial performance, processing performance, key competitors, emerging risks, macro impacts, regulatory risks, compliance risks, etc.
- Determine appropriate risk mitigation strategies for problematic accounts - collateral actions, exit strategies, contract restructurings, etc.
- Engage with internal and external stakeholders in legal, relationship management, chargeback operations, bank partners, etc to drive actions forward in a timely fashion to ultimately prevent/mitigate credit losses to Fiserv.
What you need to have:
- Credit risk experience in middle market or corporate bank lending, merchant acquiring risk focused on enterprise clients and/or large scale asset based lending
- Negotiation and influencing experience
- Experience with US Bankruptcy code
What would be great to have:
- Experience in the airline and cruise line sectors.
- Bachelor's degree in Business Management, Finance, Economics, Statistics or related quantitative discipline.
- Experience aiding in developing new internal systems.
Perks at work:
- We're #FISVProud of our commitment to your overall well-being with a growing offering of physical, mental, emotional, and financial benefits from day one.
- Maintain a healthy work-life balance with paid holidays, generous time off policies, including Unlimited Recharge & Refuel for qualifying associates, and free counseling through our EAP.
- Plan for your future with competitive salaries, the Fiserv 401(k) Savings Plan, and our Employee Stock Purchase Plan.
- Recognize and be recognized by colleagues with our Living Proof program where you can exchange points for a variety of rewards.
- Prioritize your health with a variety of medical, dental, vision, life, and disability insurance options and a range of well-being resources through our Fuel Your Life program.
- Advance your career with training, development, certification, and internal mobility opportunities.
- Join Employee Resource Groups that promote our diverse and inclusive culture where associates can share perspectives, exchange ideas, and elevate careers.
Our commitment to Diversity and Inclusion:
Fiserv is an Equal Opportunity Employer, and we welcome and encourage diversity in our workforce that reflects our world. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other category protected by law. Want to find out more? Click here (https://www.fiserv.com/en/about-fiserv/diversity-inclusion.html) to learn more about how we cultivate a diverse and respectful workplace.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
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