Underwriting Lead

Slash Financial; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Equity

Health insurance

Daily meals

Unlimited PTO

Transportation support

High autonomy environment

Job summary

Slash Financial is hiring an Underwriting Lead to make high‑quality credit decisions and scale underwriting operations. You will own decisioning and build durable procedures while partnering with Product, Data, Fraud, Legal, Compliance, and Operations to create auditable trails.

The role is hands‑on, with a focus on improving system design for tomorrow and coaching future underwriters in a fast‑moving fintech environment.

Qualifications

• 5+ years of commercial credit underwriting experience in fintech or SMB lending.
• Ability to analyze financial statements, cash flow, liquidity, leverage, and repayment capacity.
• Strong judgment in ambiguous cases and concise, defensible credit recommendations.
• Experience operating within credit policy, delegated authority, and governance.
• Excellent cross-functional communication and turnaround/diligence focus.

Responsibilities

• Underwrite new accounts and material exposure using financial data, profiles, and internal signals.
• Prepare concise credit memos and recommendations; escalate complex cases per policy.
• Own queue health, data collection, turnaround, rework, and escalation; set metrics.
• Document decisions clearly; track exceptions and calibration.
• Collaborate with Product, Engineering, Data, Fraud, Legal, and Ops to build audit trails.
• Train and mentor new underwriters; develop procedures and standards.

Skills

Commercial credit underwriting

SMB underwriting

Financial statement analysis

Cross-functional collaboration

Job description

About Slash

Slash is building the future of business banking, one industry at a time. We believe businesses deserve financial infrastructure tailored to how they actually operate. That's why we're creating a new category of business banking. We combine the reliability of traditional banking (high yields, competitive rewards, and comprehensive security) with industry-specific features that make businesses more efficient, more competitive, and more profitable.

Started in 2021, Slash is one of the fastest growing fintechs in the world and we power over three billion dollars a year in business purchasing across numerous industries. We're backed by some of the best investors in the world including Menlo Ventures, NEA, Y Combinator, Stanford University, and the founders of Tinder and Plaid. Slash is headquartered in San Francisco, and has a strong in-person culture.

We’re growing fast and are looking for a sharp, detail-oriented Compliance Analyst to join our team!

About the Role

Slash is looking for an Underwriting Lead to make high-quality credit decisions, build a consistent underwriting operating rhythm, and help turn credit policy into a scalable customer experience. This is a hands‑on role for someone who can underwrite complex businesses today and improve the system for tomorrow.

What You’ll Do

• Underwrite new accounts and material exposure changes using financial statements, bank and transaction data, bureau information, business profile, ownership information, and relevant internal signals.

• Prepare clear credit memos and recommendations; exercise delegated authority where granted and elevate exceptions or complex cases under the credit policy.

• Own application queue health, document collection, decision turnaround, rework, and escalation. Establish operating metrics and investigate bottlenecks.

• Drive consistent decision documentation, reason codes, approval conditions, and exception tracking; conduct regular calibration and quality reviews.

• Partner with Product, Engineering, Data, Fraud, Legal/Compliance, Operations, and our program partners to build effective decisioning, evidence, and audit trails.

• Train and coach future underwriting team members and create durable procedures, examples, and decision standards.

What We’re Looking For

• 5+ years of commercial credit underwriting experience; experience with SMBs, commercial cards, working‑capital products, or fintech lending is strongly preferred.

• Demonstrated ability to analyze business financial statements, cash flow, liquidity, leverage, repayment capacity, bank activity, and bureau or alternative data.

• Sound judgment in ambiguous cases and a track record of writing concise, defensible credit recommendations.

• Experience operating within credit policy, delegated authority, exception governance, and regulated or bank‑partner environments.

• Operational discipline and strong cross‑functional communication; you care about turnaround, auditability, and explaining credit tradeoffs clearly.

How Success Will Be Measured

• Decision quality and performance by risk band, including exceptions.

• Turnaround time, queue aging, application quality, rework, and documentation QA.

• Adherence to policy, authorities, conditions, and escalation SLAs.

• Reduction in decision variance and manual burden without weakening controls.

Why Join Slash:

• Competitive base salary

• Equity in a high-growth company

• Best‑in‑class health, dental, and vision insurance

• Unlimited PTO

• Daily in‑office meals

• Transportation support

• High‑autonomy, low‑bureaucracy environment