Underwriter

Biz2Credit; New York (NY); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive salary

Medical, dental, and vision insurance

401K match

Stock options

Commuter benefits

Catered lunches

Job summary

Biz2Credit is hiring a Mid Level Underwriter to join our NYC and Miami offices. You will evaluate loan applications, perform thorough financial analysis, and support underwriting decisions for small business financing.

The role requires strong analytical abilities, familiarity with financial statements and tax returns, and excellent communication skills in a fast-paced fintech environment.

Qualifications

• Bachelor's degree preferred but not mandatory in finance, accounting, or a related field.
• 3+ years of underwriting experience or similar.
• Strong analytical skills to interpret complex financial data.
• Familiar with financial statements, tax returns, and credit reports.
• Knowledge of underwriting principles, lending regulations, and risk assessment.
• Excellent attention to detail and accuracy.
• Strong organizational and time-management abilities.
• Excellent written and verbal communication skills.
• Proficient in MS Office and related software applications.

Responsibilities

• Review loan applications and documents to determine eligibility and creditworthiness.
• Analyze financial statements, tax returns, and credit reports to assess risk.
• Perform due diligence and verify information provided by applicants.
• Handle full-cycle underwriting of small business financing.
• Collaborate with Underwriting team to identify red flags and mitigate risk.
• Stay current with industry trends, regulations, and underwriting guidelines.
• Communicate with Relationship Managers to gather required information.
• Maintain detailed documentation of underwriting decisions.

Skills

Analytical skills

Attention to detail

Communication skills

Time management

Financial statement analysis

Education

Bachelor's degree preferred

Tools

MS Office

Job description

At Biz2Credit, we look for individuals who are ready to join a dynamic and innovative fintech company on a mission to change the lending landscape for small businesses. Our values of Collaboration, Responsibility, Empowerment, Disruption, Innovation, and Trust guide everything we do, and our purpose of helping small businesses succeed drives us forward.

As a company, we believe that with the right tools and support, small business owners can achieve their dreams, and we're here to make that happen. That's why we're dedicated to developing cutting-edge solutions, like our Biz2X platform, a fully configurable SaaS solution that leverages artificial intelligence and machine learning to make lending more efficient, effective, and accessible.

But we're more than just another FinTech company. We're a team of individuals who bring their unique personalities, backgrounds, and experiences to work every day. We believe that diversity makes us stronger, and that's why we value a culture that is inclusive and supportive. We're looking for people who are excited about the opportunity to make a difference, who want to work in an environment that is both challenging and fun, and who are eager to bring their whole selves to work.

So, if you're someone who is eager to join a company that is making a real impact, who values a positive and inclusive workplace culture, and who is ready to be a part of a team that is changing the lending landscape, we want to hear from you. Come join us and be a part of something truly special at Biz2Credit.

About the Role

As an Underwriter at Biz2Credit, you will play a vital role in evaluating loan applications and assisting with the underwriting process.

We are currently seeking an experienced Mid Level Underwriter to join our team at the NYC and Miami Office.

In this role, you will be responsible for performing comprehensive financial analysis on small businesses, including trend and ratio analysis. Your expertise will be crucial in interpreting financial information to assess credit quality and cash flow, enabling us to make informed lending decisions.

Responsibilities

• Review loan applications and supporting documentation to determine eligibility and creditworthiness of borrowers.
• Analyze financial statements, credit reports, tax returns, and other relevant data to assess risk and make informed lending decisions.
• Conduct comprehensive due diligence and verify accuracy of information provided by applicants.
• Responsible for full cycle underwriting of assigned small business financing.
• Collaborate with the Underwriting team to identify potential red flags and mitigate risk.
• Stay updated with industry trends, regulations, and underwriting guidelines to ensure compliance.
• Communicate effectively with internal stakeholders, including Relationship Managers, to gather necessary information and clarify requirements.
• Maintain accurate and detailed documentation of underwriting decisions and findings.

Qualifications

• Bachelor's degree preferred but not mandatory in finance, accounting, or a related field
• Previous experience in underwriting, credit analysis, or a similar role is preferred.
• 3 or more year of experience
• Strong analytical skills with the ability to interpret complex financial data and make informed decisions.
• Familiarity with financial statements, tax returns, and credit reports.
• Knowledge of underwriting principles, lending regulations, and risk assessment methodologies.
• Excellent attention to detail and the ability to work in a fast-paced environment.
• Strong organizational and time management skills, with the ability to prioritize tasks effectively.
• Excellent written and verbal communication skills.
• Proficient in using MS Office suite and other relevant software applications.

Why Join Us

• Opportunity to work in a fast-growing and innovative fintech company.
• Exposure to a diverse range of clients and industries.
• Collaborative and inclusive work environment.
• Competitive salary and benefits package.
• Continuous learning and professional development opportunities.
• Opportunity for growth and advancement within the company.
• Generous medical, dental, and vision insurance.
• 401K match, stock options, commuter benefits, and employee incentive plan.
• Catered lunch and team events.

In the News

• Named to Deloitte Technology Fast 500.
• Inc 5000 - fastest growing private companies in 2022.