Underwriting Analyst I Working Capital

Position Summary The Underwriting Analyst inputs and reviews finance applications from small to mid-sized businesses to determine the creditworthiness of the applicant, the size, and term of the financing offer. The position will operate within our fast-paced, high-volume environment and be accountable for quick decisioning on small ticket working capital applications up to $250,000. The candidate will make independent decisions through evaluation of business and personal credit reports, financial and bank statements, tax returns and other credit information. Channel has a scoring model built on millions of datapoints to aid in the decision making. The best candidates will be self-motivated, team-oriented, and eager to be a part of a rapidly growing business. key responsibilities Adjudicate credit and approve new finance applications of transactions $50,000 or less, within level of authority. Make timely decisions with limited information.

Professionally communicate decisions to our partners. Build relationships and offer exceptional service to our partners to ensure continued flow of business. Communicate and work proactively with the sales team to help further penetrate our relationships with existing and new customers. Protect Channel from fraud and aid in pricing transactions for the appropriate risk. Continuously identify and implement underwriting strategies which make Channel a recognized, differentiated leader in the working capital industry. Keeps abreast of industry and competitor trends. Skills & Specifications Strong math and analytical skills Must be able to multitask and be highly adaptable to change Must be detail-oriented with excellent organizational and time management skills Competitive drive and strong history of accomplishment Good interpersonal relationship skills and motivation for personal growth Required knowledge of computer systems and proficient in Microsoft Office (Excel and Word)An understanding of financial statements is preferred Education & Qualifications 0-2 years in a financial services, credit, or underwriting function Experience in a commercial underwriting function working with small businesses is a plus Associates or Bachelor's degree or equivalent combination of education/experience is preferred Company Summary Established in 2009, Channel is a leading provider of equipment finance and working capital funding solutions for small businesses, exclusively through Equipment Finance Companies. Utilizing customized technology and business processes, a strong balance sheet, and risk analytics, Channel provides single-source financing that supports third-party originators and their customers who have business growth opportunities and a need for capital. We are headquartered in Minnetonka, MN, with additional offices in Atlanta, GA, Des Moines, IA, and Marshall, MN. We are proud to be rated a Top Workplace year over year! Channel empowers and trains team members at all levels to make quick decisions in service to our relationships and ensuring the flexibility and nimbleness required to compete in today's marketplace. Channel is the perfect workplace for those who are motivated and have a desire to be part of a fast-growing, agile, and diverse organization where you can make a difference every day. We offer a fun, casual, and flexible work environment that encourages innovation and team member development. Benefits include medical, dental, and vision plans, a generous PTO policy, an employer-match company 401K plan, life insurance, long-term disability, and other benefits and perks! Apply