Senior Underwriter - PO Finance & Recourse Factoring

Nacba; New York (NY); Hybrid; USD 110,000 - 150,000; Full time

Job summary

NACBA is seeking an experienced underwriter for our PO finance and recourse factoring divisions in New York. The role focuses on evaluating transactions, assessing credit risk, and supporting fast funding decisions for growth-stage businesses.

The candidate will review applications, analyze financial statements, and prepare underwriting memos while collaborating with Sales, Operations, and Portfolio teams. This position involves light travel and ongoing risk assessment in a dynamic lending

Qualifications

• Bachelor's degree required in finance, accounting, business, economics, or related field.
• 5–10 years of experience in credit analysis, underwriting, trade finance, or banking.
• Strong understanding of financial statements and credit risk assessment.

Responsibilities

• Review and analyze applications and supporting documentation.
• Verify purchase orders, supplier contracts, and buyer creditworthiness.
• Conduct financial analysis including balance sheets, income statements, and cash flow statements.
• Perform risk assessments and identify potential credit, operational, and fraud risks.
• Assist in preparing underwriting reports and credit memos.
• Support senior underwriters in structuring finance deals within company risk policies.
• Communicate with clients, brokers, and referral sources to obtain required information.
• Maintain underwriting files and documentation, and update Salesforce.
• Ensure compliance with internal credit policies and regulatory requirements.
• Collaborate with Sales, Operations, and Portfolio teams to facilitate fast funding decisions.
• Assist with legal documentation, due diligence, and client onboarding.
• Monitor approved deals for performance and flag early warning signs.
• Participate in industry events, conferences, and client-facing activities (light travel).

Skills

Credit analysis

Underwriting

Risk assessment

Excel

Financial analysis

Communication

Education

Bachelor's degree in finance, Accounting, Business, Economics, or related field

Tools

Microsoft Excel

Salesforce

Job description

Seeking an underwriter for our PO finance and recourse factoring divisions where we provide flexible financing solutions to small and mid-sized businesses. Our facilities close working capital gaps quickly and efficiently through our diligence process and relationship-focused service.

This position plays a key role in supporting credit decisions within a fast-paced lending environment. Focuses on evaluating transactions, assessing transaction-level risk, and analyzing borrower and buyer creditworthiness. Unlike traditional bank underwriting, this role requires comfort with dynamic risk profiles, shorter decision timelines, and structured deals tailored to growth-stage businesses.

This is an excellent opportunity for someone looking to build a career in lending, specialty finance, or commercial credit.

Key responsibilities:

• Review and analyze applications and supporting documentation.
• Verify purchase orders, supplier contracts, and buyer creditworthiness
• Conduct financial analysis including review of balance sheets, income statements, and cash flow statements
• Perform risk assessments and identify potential credit, operational, and fraud risks
• Assist in preparing underwriting reports and credit memos
• Support senior underwriters in structuring finance deals within company risk policies
• Communicate with clients, brokers, and referral sources to obtain required information
• Maintain accurate underwriting files and documentation, and update Salesforce
• Ensure compliance with internal credit policies and regulatory requirements
• Collaborate with Sales, Operations, and Portfolio teams to facilitate fast funding decisions
• Assists with legal documentation, due diligence, and client onboarding
• Monitor approved deals for performance and flag early warning signs
• Participate in industry events, conferences, and client-facing activities as needed (light travel required)

Qualifications & Requirements:

• Bachelor’s degree in finance, Accounting, Business, Economics, or related field
• 5–10 years of experience in credit analysis, underwriting, trade finance, or banking
• Strong understanding of financial statements and credit risk assessment
• Strong analytical and numerical skills
• High attention to detail, organizational ability and prioritizing
• Proficiency in Microsoft Excel and financial analysis tools
• Strong written and verbal communication skills

Preferred Experience:

• Experience in asset-based lending, factoring, PO finance, or working capital finance
• Familiarity with transaction-based underwriting
• Understanding of supply chain finance structures

What Makes This Role Different from a Bank:

• Faster decision cycles
• Deal-level underwriting rather than solely balance-sheet lending
• Greater flexibility in structuring transactions