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 range 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 driven the growth of e-commerce worldwide.

We continue to empower the Internet's largest brands, processing over 50% of all online transactions.

By providing secure payment solutions, enhancing cash-flow management, mitigating risk, and accelerating funding, our consultative approach helps small and emerging businesses become tomorrow's industry leaders.

Whether online or at the point of sale, JPMorgan Payments delivers exceptional service, innovative solutions, and financial strength, offering significant benefits to companies of all sizes.

Job summary:

As a Merchant Services Revisions Underwriter within the Fraud Ops.

organization, you'll use your critical thinking abilities to assess and evaluate the credit risk exposure and worthiness of newly boarded merchant accounts while facilitating portfolio growth and mitigating loss.

The revisions underwriter will evaluate case reviews that are systemically triggered for abnormal processing behaviors.

Daily ,underwriter will review UW applications, websites, personal credit bureaus, and merchant fraud prevention tools to evaluate the legitimacy of merchants and their financial ability to support calculated risk exposure to the Merchant Services business.

Additionally, underwriter will monitor for identification of weakening merchant processing profiles and detection of fraudulent transaction activity and/or Identity theft.

The revisions underwriter will be a decision maker in determining if merchants qualify for volume increases and will determine if Merchant Services will continue conducting business with the merchant or will process adverse actions to mitigate fraud and risk exposures.

Job responsibilities:


* Perform post-boarding validation and financial analysis to mitigate credit risk from processing behavior exceeding approved thresholds.


* Review merchant applications, websites, personal credit bureaus, and fraud prevention tools to evaluate merchant legitimacy and financial ability while balancing risk exposure.


* Adjust and restructure projections while balancing financial viability versus exposure.


* Read credit reports (Experian/Equifax) proficiently.


* Calculate the notional risk associated with each applicant's business model and payment methods, following established procedures.


* Conduct information-gathering calls with internal and external parties to understand financial profiles and processing characteristics.


* Review business models and processing characteristics for existing merchants to ensure compliance with Payment Brand rules and regulations.


* Identify ab...