Underwriter/Underwriting Analyst

Sallyport Commercial Finance, LLC; Houston (TX); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonuses

Comprehensive benefits package

Professional development opportunities

Industry-leading vacation allowance

Job summary

A leading financial services provider in Houston is seeking an experienced Underwriter/Underwriting Analyst to assess client creditworthiness and evaluate financial data. The ideal candidate will have strong analytical and communication skills, with experience in commercial lending. This role offers competitive salary, comprehensive benefits, and opportunities for professional development in a supportive environment.

Qualifications

• Strong analytical, quantitative, and problem-solving skills are essential.
• Excellent verbal and written communication skills required.
• Prior experience in underwriting for invoice factoring or asset-based lending is a plus.
• Proficiency with Microsoft Office Suite; ability to prepare underwriting reports.
• Understanding of collateral, loan structure, pricing and lending policies.

Responsibilities

• Analyze financial statements and credit reports to assess creditworthiness.
• Evaluate applications for factoring and asset-based loans.
• Collaborate with the sales team to understand client needs.
• Prepare comprehensive underwriting reports and present findings to management.
• Monitor portfolio performance and identify risks with recommended actions.
• Maintain relationships with clients and stakeholders to support operations.

Skills

Analytical skills

Communication skills

Microsoft Office Suite proficiency

Commercial lending experience

Understanding of collateral and lending policies

Factoring/ABL knowledge

Education

Bachelor's degree in accounting, finance, or related field

Tools

Excel

Job description

Overview

Job Title: Underwriter/Underwriting Analyst - Factoring/Asset Based Lending

Company: Sallyport Commercial Finance

Employment Type: Full-Time

About Us: Established in 2014, Sallyport Commercial Finance is a leading provider of factoring, asset based lending and commercial finance solutions for businesses across the United States, Canada and the United Kingdom. We pride ourselves on delivering tailored financial products that help businesses achieve their goals.

Position Overview:

We are seeking a skilled and motivated Underwriter/Underwriting Analyst to join our team. The ideal candidate will play a key role in assessing the creditworthiness of potential clients, evaluating financial data, and making informed lending decisions. The ideal candidate would have experience in the factoring and asset-based lending industry. If you have a keen eye for detail and a passion for helping businesses succeed, we want to hear from you!

Responsibilities

• Analyze financial statements, credit reports, and other relevant documents to assess risk and creditworthiness of applicants.
• Evaluate and underwrite applications for factoring and asset-based loans, ensuring compliance with company policies and industry regulations.
• Collaborate with the sales team to understand client needs and provide tailored financing solutions.
• Prepare comprehensive underwriting reports and present findings to management.
• Monitor and manage the ongoing performance of the portfolio, identifying potential risks and recommending appropriate actions.
• Maintain strong relationships with clients and stakeholders to facilitate smooth operations and address any concerns.
• Stay updated on market trends, regulations, and best practices in underwriting.

Qualifications

• Strong analytical, quantitative, and problem-solving skills.
• Excellent verbal and written communication skills.
• Working proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint).
• Experience in commercial lending in the credit risk assessment and underwriting function.
• Proficient understanding of collateral, structure, pricing, and lending policies.
• Prior experience in underwriting for invoice factoring, asset-based lending, and/or purchase order financing is a plus.
• Bachelor's degree (in accounting, finance, or a related field) is preferred but not required if the candidate has relevant experience in underwriting and credit risk assessment functions.
• Working knowledge of relevant tax, accounting, and legal issues is a nice to have.

What We Offer

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Opportunities for professional development and career advancement.
• Industry leading vacation allowance of 20 days, rising to 30 days (with tenure).
• A supportive and collaborative work environment.