Ginger Merriman-Shumway

About Ginger Merriman-Shumway

Manage Counterparty Financial Risk Merchant Team. Responsible for monitoring Payment Services Discover Network Merchants, Vendors & Diners Club Global Merchants. Key activities include financial statement analysis, contract negotiations and evaluation of new initiatives to mitigate potential risks. Manage staff of professionals responsible for establishing departmental policies, procedures and training in compliance with company policies and compliance requirements.Sr. Manager Counterparty Credit with comprehensive leadership experience in Credit Risk Analysis of portfolio of Payments Partners with exposure of $500MM. Experienced in Risk Analysis, Account Management, Payments Processing, Collections, Commercial Bankruptcy, Customer Service, Problem Resolution, Business Development, and Client Credit Risk Mitigation. Vigilant in leading a Team of Credit Analysts to Monitor, Manage and Mitigate New & Existing Payment Partners. Experienced in identifying potentially deteriorating risk situations and recommending remediation to ensure the safety of the Payment Network’s funds. Faced the challenge of mitigating during the 2020 pandemic which resulted in standing up the DCI CSUB ISE & Acquirer collections processes. Problem solver with analytical skills, focusing on reducing overall receivables while maintaining customer relations with Payments Partners. Forward-thinking leader with verifiable success capitalizing on team development opportunities, using experiences through storytelling to develop new team members. Focused on continuous improvement as exemplified by improving exposure reporting, optimizing control reporting, and refining procedures & job aids through Operational Excellence. Team development through applying organizational efficiency and productivity using Multipliers concepts to performance, servant leadership & leveraging Strengths.

Experience

1. Senior Manager, Counterparty Risk

   Capital One

   May 2025 — Present · Columbus, OH, US

   I\'m happy to share that as part of the Discover/Capital One merger my role with Discover has transitioned to Senior Manager, Counterparty Risk at Capital One!

Education

• Ohio Dominican University

  Master of Business Administration - MBA, Business Administration

• Capital University

  Bachelors of Arts, Business Administration

  1996 — 1999

• The University of Toledo

  Associates Degree, Legal Assisting Technology

  1993 — 1995

Skills

• Risk Management
• Portfolio Management
• Relationship Management
• Financial Services
• Process Improvement
• Vendor Management
• Mobile Payments
• Business Strategy
• Financial Risk
• Credit
• Credit Risk
• Payments