SMB Financing Underwriter, Senior

4 weeks ago


New York, United States Biz2Credit Inc Full time
Job DescriptionJob DescriptionDescription:

About Us


Founded in 2007, Biz2Credit is rated as the Number 1 small business financing resource in the U.S. by Entrepreneur Magazine. Till date, we've facilitated more than $8 billion in small business funding.


Biz2Credit, an all-in-one financing solution for entrepreneurs to get small business funding with fast approval process. Explore the best small business financing options with us


­­­­Biz2X is the technology platform that has helped Biz2Credit become the premier alternative funder for small businesses. Now, traditional banks are leveraging our expertise and experience to automate small business lending. Biz2X allows banks to implement AI-powered digital banking. This allows bank’s clients to have a fully omnichannel experience with data and workflows that adapt seamlessly to the bank’s core banking systems.


Biz2X platform’s world-class risk solutions are based on AI algorithms that enables auto decision-making and quick processing. Biz2X is “One Platform That Does It All” - automates lending, optimizes risk management, and improves operational efficiency.


About the role


As a Senior SMB Finance 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 SMB Finance Underwriter to join our team at the New York 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.
Requirements:
  • Bachelor's degree preferred but not mandatory in finance, accounting, or a related field
  • 5 or more years of experience in Small Business Finance Underwriting.
  • Previous experience in underwriting, credit analysis, or a similar role is preferred
  • 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.


If you are a self-motivated individual with a passion for finance and a keen eye for detail, we would love to hear from you. Apply now and join our team as a Senior Underwriter at Biz2Credit


Benefits & Perks

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 America

America's fastest growing private companies in 2024

CNBC - World's Top Fintech 2024


Salary Range

$85k-$110k



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