Senior Underwriter - Small Business Financing

We are a rapidly growing financial company in the Fintech (Alternative Financing) industry. We are looking for candidates with a background in either Accounting, Finance, Business or Math and training in Underwriting and Credit Risk Analysis.

Required Experience:

Responsibilities and Duties Work with the Relationship Managers in structuring, analyzing and negotiating credit transactions Must have 4+ years of underwriting experience in Merchant Cash Advances (MCA) or Commercial Business Loans (including Asset-Based Lending (ABL) and Lines of Credit (LOCs) ) for small to mid-sized businesses (SMBs) . Must have prior experience in a Senior Underwriter or Underwriting Manager role. Must be proficient in pricing decisions (offers and declines) with the ability to manage up to 40 applications per day . Must have experience handling final approvals for up to 5 deals per day . Perform due diligence on eligible deals (e.g., valuation, credit review, financial document review, merchant research, risk assessment, review site inspections, etc.) Review credit reports, business bank & credit card statements, business financials, P&L, Balance Sheets, Tax Returns, and other related financial and diligence information Responsible for full-cycle underwriting of assigned small business financing Determine the ability of the client to repay financing based on analysis of the client's cash flow statements, tax returns, and other financial information Perform detailed financial analysis on the small business, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy Perform credit analysis and financial statement analysis on co-owners, guarantors, and individuals to determine assets coverage for requested loan amounts Perform other due diligence as needed to determine the creditworthiness of a small business owner

Qualifications and Skills:

Bachelor's degree in finance, accounting, business, math or similar discipline 2+ years' experience working in one of the following Industries Business Loans /financial institution underwriting small businesses; 2+ years in a commercial credit analyst or commercial underwriting role working with small businesses is a plus but not required. Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry, and competitive analysis and projections Proficient in various spreadsheet and word processing applications (Excel and Word are preferred) including the use of graphs/charts, and Moody's financial analysis software Basic knowledge of credit principles, lending operations, loan research, and general credit policies Team player with the ability to take the initiative Detail-oriented, ability to work well under pressure and multi-task Strong written and verbal communication skills Problem recognition and resolution skills Work Remotely No This Job Is Ideal for

Someone Who Is:

Dependable

• more reliable than spontaneous Detail-oriented
• would rather focus on the details of work than the bigger picture Autonomous/Independent
• enjoys working with little direction

Job Type:

Full-time Pay:

$80,000.00

• $140,000.

00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Vision insurance Application Question(s): 4 years experience as a SR Underwriter in MCA Industry? SR Underwriter or Manager Title? Pricing Experience (Offers & declines) up to 40 a day? Final Approvals up to 5 day? Ability to

Commute:

Hazlet, NJ 07730 (Required) Ability to

Relocate:

Hazlet, NJ 07730: Relocate before starting work (Required)

Work Location:

In person