SMB Underwriter

ZagrebGlobalGroup; New York (NY); On-site; USD 50,000 - 80,000; Full time

Job summary

A financial services company located in New York is seeking an experienced small business credit analyst/underwriter. The ideal candidate will have at least two years of experience in underwriting with a reputable small business lending company. Responsibilities include analyzing applicant creditworthiness, generating funding decisions, and effectively communicating results. A bachelor's degree in finance or accounting is required along with proficiency in Excel and CRM tools. This position does not offer relocation or remote options.

Qualifications

• Minimum two years experience in underwriting at a reputable small business lending company.
• Ability to review credit reports, P&L, balance sheets, and tax returns.
• Strong analytical, interpersonal, and presentation skills.

Responsibilities

• Review customer's personal and business credit.
• Perform a review of customer's bank statements, P&L, balance sheet, and tax return.
• Analyze the customer's ability to service potential debt.
• Generate approvals/declines and determine required stipulations for funding.
• Review stipulations.
• Communicate decisions effectively in both verbal and written forms.

Skills

Analytical skills

Interpersonal skills

Presentation skills

Proficient in Excel

Ability to multitask

Critical thinking

Education

Bachelor's degree in finance or accounting

Tools

CRM

Job description

At chis time client is NOT offering relocation or remote options for this position.

Launched in 2014, our client aims to solve the financial demand of small businesses by providing capital to companies faster and more reliably than traditional financing. Named after founders father, this company pride itself on carrying out his legacy by never compromising our integrity or our values in every aspect of our business.

Utilizing industry leading technology, their client analyzes applicants differently than traditional financial sources. They are a direct funder for businesses seeking $100k - $10mm

They look beyond the applicants present and see the success they can achieve in the near future when partnered with them.

Job Description

Applicants must have at least two years experience in underwriting working for a reputable small business lending/funding company in underwriting.

Our Clientis seeking an experienced small business credit analyst/underwriter to join our team. Candidate will be responsible for using a combination of analytical skills, critical thinking skills, and proprietary credit risk model to make approval and funding decisions based on the creditworthiness of small business applicants.

Responsibilities of the Underwriter

• Review customer's personal and business credit.
• Preform a review of customer's bank statements, P&L, balance Sheet, AR, Tax return
• Analysis of the customers ability to service potential debt
• Generate approvals/declines and determine required stipulations for funding
• Review of stipulations
• Communicate decisions effectively in both verbal and written communication

Requirements of the Underwriter

• Minimum two years experience in underwriting working for a reputable small business lending/funding company as an underwriter.
• Bachelor's degree in finance, accounting, business, or comparable area of study
• Ability to review Credit reports, P&L, Balance Sheet, and Tax Returns
• Proficient in Excel, and CRM
• Ability to multitask and work under pressure
• Strong analytical, interpersonal, and presentation skills