Senior Underwriter

 Position Description:

The Senior Underwriter is a portfolio manager, responsible for allocating capital and maximizing portfolio returns, working hand-in-hand with C-Suites and managing / training Junior Underwriters.

Responsibilities:

• Responsible for full cycle underwriting of assigned small business financing

• Determine the ability of the merchant to repay financing based on analysis of the client’s cash flow statements, tax returns, and other financial information

• Perform detailed financial analysis on the small business, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy

• Perform credit analysis and financial statement analysis on co-owners, guarantors, and individuals to determine assets coverage for requested loan amounts

• Provide recommendations for approval, or declines of merchant applications

• Communicate decisions effectively in both verbal and written communication

• Perform other due diligence as needed to determine the creditworthiness of a small business owner

Qualifications:

• Bachelor’s degree in finance, accounting, business, or related field (MBA preferred)

• 3+ years experience underwriting small businesses in the Alternative Lending industry

• Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, credit reports, and other financial documentation.

• Team player with the ability to take the initiative

• Detail oriented and the ability to work well under pressure

• Strong interpersonal and presentation skills