Senior Credit Underwriter: Drive Risk, Deals & Growth

Paychex; Phoenix (AZ); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical coverage

401(k) + employer match

Tuition reimbursement

Adoption assistance

Paid time off

Job summary

Paychex is seeking an underwriting professional to manage the full process from application receipt to first funding for new clients within Alterna Capital Solutions. You will work closely with the Sales team to assess client financial viability and guide deal structures, ensuring accurate collateral and documentation throughout the approval process.

The role requires strong data analysis and finance/credit knowledge, with opportunities to train and mentor newer team members.

Qualifications

• Bachelor's Degree in Finance or related field preferred.
• 2 years of experience in comparable work experience required.
• 5 years of comparable work experience preferred.
• Understanding of finance and credit practices.
• Ability to analyze data and understand business significance.

Responsibilities

• Researches and completes write-ups of client condition and operating results on financial and credit information, and existing contracts to address client financial viability and credit worthiness to mitigate risk.
• Researches guarantor's various financial and other related documents, such as individual tax returns, Equifax reports and personal financial statements to determine financial viability and credit worthiness of applicant.
• Researches accounts receivable information for aging, concentration, and end debtors to determine financial viability and credit worthiness based on available financial and credit information.
• Guides Sales team in process for collecting necessary information and organizing deal structure. Lead client discussion for follow up questions/answers.
• Builds and maintains initial collateral file to be used during the credit approval process of a new client.
• Provide ongoing training and mentoring for new members of the department.
• Ensures completeness and accuracy of all information included in the Client Approval Memorandum.
• Review prospective client agreements & all Alterna contracts / documents.

Skills

Data analysis

Credit analysis

Education

Bachelor's Degree in Finance or related field

Job description

Paychex is seeking an underwriting professional to manage the full process from application receipt to first funding for new clients within Alterna Capital Solutions. You will work closely with the Sales team to assess client financial viability and guide deal structures, ensuring accurate collateral and documentation throughout the approval process.

The role requires strong data analysis and finance/credit knowledge, with opportunities to train and mentor newer team members.