Revisions Underwriter Associate I

JPMorgan Payments Fraud Operations is a global leader in payment processing and merchant acquiring, authorizing transactions in over 130 currencies.

Our proprietary platforms offer access to a wide variety of payment methods, including credit, debit, prepaid stored value cards, and electronic check processing.

With a legacy of innovation in electronic payments, JPMorgan Chase has fueled the growth of e-commerce worldwide, processing over 50% of all Internet transactions.

We provide secure payment solutions, improve cash-flow management, mitigate risk, and accelerate funding, helping small and emerging businesses become tomorrow's industry leaders.

Our unique combination of outstanding service, innovative solutions, and financial strength benefits companies both large and small.

Job Summary:

As a Merchant Services Revisions Underwriter within the Fraud Operations organization, you will leverage your critical thinking skills to assess and evaluate the credit risk exposure of newly boarded merchant accounts.

Your role will involve facilitating portfolio growth while mitigating loss, ensuring the legitimacy of merchants, and monitoring for fraudulent activities.

Job Responsibilities:


* Conduct post-boarding validation and financial analysis to effectively mitigate credit risk from processing behaviors exceeding approved thresholds.


* Evaluate merchant applications, websites, credit bureaus, and fraud prevention tools to thoroughly assess merchant legitimacy and financial capability.


* Adjust and restructure projections, carefully balancing financial viability against risk exposure.


* Analyze credit reports and accurately calculate notional risk associated with business models and payment methods.


* Conduct information-gathering calls to comprehensively understand financial profiles and processing characteristics.


* Ensure compliance with Payment Brand rules and regulations for existing merchants.


* Identify abnormal processing activities to proactively prevent fraud and mitigate loss exposure.


* Resolve time-sensitive and escalated requests, effectively handling complex issues.

Required Qualifications, Capabilities, and Skills:


* Possess a BS degree or a minimum of four years of experience in Merchant Services, banking/lending, including fraud, credit, and structuring.


* Demonstrate significant accounting and finance knowledge.


* Exhibit strong verbal, written, and interpersonal skills.


* Apply strong analytical and problem-solving skills.


* Maintain accuracy and attention to detail.


* Exercise independent judgment and prioritize work effectively.


* Communicate excellently (verbally and in writing).

Preferred Qualifications, Capabilities, and Skills:


* Have prior fraud case management experience.


* Utilize knowledge of fraud business applications, including Lexis/Nexis and Customer Assist.


* Lead team functions with experience in oversight.


* Suppor...