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Experienced Financial Underwriter

2 months ago


New York, New York, United States Kalamata Capital Group, LLC. Full time
Job Overview

Benefits:

  • 401(k) Plan
  • Dental Coverage
  • Flexible Work Hours
  • Health Insurance
  • Paid Time Off
  • Vision Coverage

About Us:
Kalamata Capital Group, LLC is dedicated to delivering swift and straightforward financing solutions to small enterprises, enabling their growth and job creation. We leverage technology, expertise, and practical approaches to offer a variety of financing options tailored to the needs of small businesses. Our team is committed to providing clear and actionable solutions in an understandable manner.


Position Summary:
We are seeking a knowledgeable professional in pricing and decision-making to enhance our underwriting division. The ideal candidate will possess a minimum of four years of experience in Merchant Cash Advances, with a focus on B-Paper 1st, 2nd, and premium 3rd position transactions. This role requires the ability to utilize data-driven insights while also drawing on experience and intuition to make well-informed decisions. The successful candidate should be adept at managing a high volume of transactions daily and excel in a fast-paced, results-oriented setting. Adaptability and efficiency are key attributes for this position.


Work Schedule:
Candidates should be available Monday through Friday from 9:30 A.M. to 6:00 P.M. Eastern Standard Time, with potential late nights depending on submission volume.


Key Responsibilities:

  • Evaluate and determine approval or denial decisions for small business applicants.
  • Assess the client's repayment capacity through analysis of cash flow statements, tax returns, and other financial documents.
  • Conduct comprehensive financial evaluations of small businesses, including trend and ratio analysis, to assess credit quality and cash flow sufficiency.
  • Perform additional due diligence as necessary to ascertain the creditworthiness of small business owners.
  • Collaborate with Relationship Managers to negotiate credit transactions.

Required Qualifications:

  • A minimum of four years of experience in a B-Paper Merchant Cash Advance or a financial institution that underwrites small businesses.
  • Exceptional analytical skills with the ability to interpret individual and corporate financial statements.
  • Proficient in spreadsheet and word processing software, particularly Excel and Word.
  • A collaborative team player with a proactive approach.
  • Detail-oriented with the capacity to thrive under pressure and manage multiple tasks.
  • Strong written and verbal communication abilities.
  • Effective problem identification and resolution skills.

This position is fully remote.