Underwriter | WFH | Night Shift | Competitive Salary!

Thrivemodal; Philippines; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

Thrivemodal seeks a Senior Underwriter to analyze borrower financials, assess credit risk, and structure financing for small and mid-market opportunities. You will evaluate collateral other than real estate, lead loan structuring, and mentor junior team members.

The role requires extensive experience in commercial lending, strong analytical skills, and the ability to communicate complex financials to clients and stakeholders. Collaboration with business owners is essential.

Qualifications

• 5+ years in small business/commercial lending or related field.
• 3 years underwriting loans between $500K and $10M.
• Experience evaluating non-real-estate collateral.
• Experience structuring term loans or financing.
• Strong credit and financial analysis skills.
• Leadership/people management experience.
• Experience with US-based clients or counterparties.
• Experience with CRM systems.
• Strong understanding of financial statements and accounting principles.
• Advanced financial modeling capabilities.
• Ability to communicate findings to owners and senior stakeholders.
• Independent and detail-oriented.

Responsibilities

• Analyze and underwrite new small business and commercial loan opportunities.
• Evaluate borrower financial statements, cash flow, profitability, liquidity, and leverage.
• Underwrite financing opportunities from $500K to $10M.
• Assess business operations, industry conditions, and management quality.
• Evaluate non-real-estate collateral and its relevance to credit decisions.
• Support structuring of term loans and repayment terms.
• Oversee and review credit analyses prepared by others.
• Develop clear financial analyses to support underwriting recommendations.
• Monitor existing loans for performance changes and risk.
• Communicate with business owners to assess financial position and needs.
• Explain financial considerations to internal stakeholders and clients.
• Manage multiple underwriting assignments with accuracy and deadlines.
• Lead, mentor, and develop underwriting team members.
• Propose improvements to underwriting processes and documentation.

Skills

Credit analysis

Financial analysis

Underwriting

Leadership

Lending experience

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Salesforce

Job description

This role requires a strong understanding of financial analysis, accounting, business operations, credit risk, and financial statements. The Senior Underwriter will analyze borrower financials, evaluate business performance and repayment capacity, assess collateral, support loan structuring and credit decisions, and communicate directly with business owners.

The ideal candidate brings substantial experience in commercial/small business lending, credit analysis, transaction advisory, corporate finance, or a closely related financial services environment, combined with strong analytical and leadership capabilities.

Key Responsibilities:

• Analyze and underwrite new small business and commercial loan opportunities.
• Evaluate borrower financial statements, cash flow, profitability, liquidity, leverage, and overall financial health.
• Underwrite and evaluate financing opportunities generally ranging from $500K to $10M.
• Analyze business operations, industry conditions, management, and other factors affecting credit risk.
• Evaluate non-real-estate collateral, including its value, liquidity, and relevance to the overall credit decision.
• Support the structuring of term loans, including loan amount, repayment terms, and other appropriate conditions.
• Oversee and review credit analysis prepared by other team members.
• Develop clear financial and credit analyses to support underwriting recommendations.
• Monitor existing loans and identify changes in borrower performance or risk.
• Communicate directly with business owners to understand their financial position, business prospects, and financing needs.
• Explain financial and credit considerations clearly to internal stakeholders and clients.
• Manage multiple underwriting assignments while maintaining accuracy and meeting deadlines.
• Lead, mentor, and develop members of the credit/underwriting team.
• Contribute to improving underwriting processes, analysis, and documentation.

Qualifications:

• 5+ years of experience in small business/commercial lending, credit, underwriting, transaction advisory, corporate finance, or a closely related field.
• 3 years of experience making, evaluating, or underwriting loans/financing between $500K and $10M.
• Experience evaluating non-real-estate collateral or business assets in connection with financing or credit decisions.
• Experience extending, evaluating, or structuring term loans/financing arrangements.
• Strong experience in credit analysis, financial analysis, and underwriting.
• Experience in team management or leadership experience.
• Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
• Experience in commercial lending, specialty lending, insurance agency financing, or financial services.
• Experience with small and middle-market businesses.
• Transaction advisory, financial due diligence, valuation, or corporate finance experience.
• Experience working with US-based clients or counterparties.
• Experience with Salesforce or similar CRM systems.
• Strong understanding of financial statements and accounting principles.
• Advanced analytical and financial modeling capabilities.
• Ability to communicate financial findings and recommendations to business owners and senior stakeholders.
• Strong business judgment, attention to detail, and ability to work independently.