Senior Underwriter

Neto Capital; Florida; On-site; USD 120,000 - 180,000; Full time

Job summary

Neto Capital is seeking a Head of Underwriting to own credit decisioning across our MCA portfolio. You will have final approval authority on deals, define the credit box, and build the underwriting function as volume grows.

The role requires direct MCA underwriting experience and hands-on leadership to shape policy, tooling, and risk controls. This is an on-site position based in Sunny Isles Beach, FL, with competitive compensation based on experience.

Qualifications

• 5+ years underwriting merchant cash advances or similar revenue-based business financing.
• Deep command of bank statement analysis, cash flow modeling, stacking detection, and MCA-specific fraud and default patterns.
• Experience setting or materially shaping a credit box and defending those decisions to ownership.
• Comfortable operating without a large support function — hands-on role in a growing company, not a large-bank seat.

Responsibilities

• Own final approval, decline, and pricing decisions on MCA submissions, including exception calls outside the standard credit box.
• Define and maintain underwriting policy, approval limits, and risk tolerances; adjust based on portfolio performance and default trends.
• Build and lead the underwriting team — hiring, training, file review, and quality control on junior underwriters' recommendations.
• Direct the in-house AI/ML underwriting tools: set the rules and thresholds they run on, and work with Product on what gets automated.

Skills

Underwriting authority

Credit risk assessment

Cash flow modeling

Bank statement analysis

MCA underwriting

Decisioning

Tools

Ocrolus

DataMerch

TLOxp

Plaid

DecisionLogic

Job description

Location: Sunny Isles Beach, Florida (On-Site)

Company: Neto Capital

Employment Type: Full-Time

Working Hours: 9:30AM–5:30PM

Start Date: Immediate / Based on availability

Compensation: Competitive compensation based on experience and fit

Position Overview

Neto Capital is hiring a Head of Underwriting to own credit decisioning across our MCA portfolio. You'll hold final approval authority on deals, set and enforce the credit box, and build out the underwriting function as volume grows. This role requires direct merchant cash advance underwriting experience — not adjacent lending.

Key Responsibilities

• Own final approval, decline, and pricing decisions on MCA submissions, including exception calls outside the standard credit box.
• Define and maintain underwriting policy, approval limits, and risk tolerances; adjust based on portfolio performance and default trends.
• Build and lead the underwriting team — hiring, training, file review, and quality control on junior underwriters' recommendations.
• Direct the in-house AI/ML underwriting tools: set the rules and thresholds they run on, and work with Product on what gets automated.

Requirements

• 5+ years underwriting merchant cash advances or similar revenue-based business financing, with a track record of holding decision authority.
• Deep command of bank statement analysis, cash flow modeling, stacking detection, and MCA-specific fraud and default patterns.
• Experience setting or materially shaping a credit box and defending those decisions to ownership.
• Comfortable operating without a large support function — this is a hands-on role in a growing company, not a large-bank seat.

Nice to Have

• Experience managing or building an underwriting team from a small base.
• Familiarity with Ocrolus, DataMerch, TLOxp, Plaid, DecisionLogic, or comparable decisioning tools.
• Portfolio management or collections exposure — understanding how your decisions perform downstream.
• Experience working alongside automated or ML-assisted decisioning.

Why Join Neto Capital?

• Full ownership of credit decisions — you set the box, not inherit someone else's.
• Build the underwriting function and team from the ground up.
• Direct access to the CEO and COO on risk strategy and portfolio direction.
• In-house AI/ML underwriting tools you'll help shape.

Requirements

Requirements

• 5+ years underwriting merchant cash advances or similar revenue-based business financing, with a track record of holding decision authority.
• Deep command of bank statement analysis, cash flow modeling, stacking detection, and MCA-specific fraud and default patterns.
• Experience setting or materially shaping a credit box and defending those decisions to ownership.
• Comfortable operating without a large support function — this is a hands-on role in a growing company, not a large-bank seat.