Underwriting Specialist

6 days ago


New York, New York, United States Chelsea Funding Full time
Job OverviewAt Chelsea Funding, we're seeking a skilled Underwriter to join our team. As an Underwriter, you'll play a critical role in evaluating merchant applications for funding, utilizing your analytical skills and attention to detail to make informed lending decisions that support our clients' growth.Key Responsibilities
  • Evaluate business performance, cash flow, and other financial metrics to assess risk and determine eligibility for funding.

  • Review and analyze merchant applications, financial documents, and credit reports to assess risk and determine eligibility for funding.

  • Collaborate with sales and client relations teams to gather necessary information and clarify any discrepancies.

  • Communicate underwriting decisions and provide detailed explanations to internal teams and clients.

  • Maintain accurate records and documentation of the underwriting process in our systems.

  • Stay updated on industry trends, regulations, and best practices in MCA underwriting.

Requirements
  • Minimum of 2 years of experience in underwriting MCAs.

  • Strong analytical skills with the ability to interpret financial statements and credit data.

  • Excellent communication skills, both written and verbal.

  • Proficient in Google Suite and underwriting software (CRM).

  • Ability to work independently and as part of a team in a fast-paced environment.

About Chelsea FundingChelsea Funding is a leading financial services firm providing flexible funding solutions to small businesses, helping them thrive in a competitive market.

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