Senior Underwriter

18 hours ago


Richmond, Virginia, United States Idea Financial Full time

Senior Underwriter Opportunity

Idea Financial is seeking a highly skilled Senior Underwriter to join our Credit & Operations team. As a key member of our team, you will be responsible for analyzing and underwriting credit requests for prospects and customers, ensuring that our customers receive appropriate financing options while identifying and mitigating risk in our processes.

Key Responsibilities:

• Independently analyze and underwrite credit requests for prospects and customers for Lines of Credit and Term Loans.

• Review and analyze Financial Statements and Tax Returns to ensure accuracy and completeness.

• Apply underwriting guidelines and standards within credit authority, making decisions on files with minimal supervision.

• Perform detailed risk analysis, making decisions based on your findings, and verify gathered business documents during the underwriting process.

• In-depth understanding of bank statements, seasonality, and industry trends to provide creative financing solutions.

• Prepare and/or review the completion of credit approval memorandums, requiring strong written and oral skills.

• Ability to prevent and detect fraudulent applications, ensuring compliance with credit and underwriting standards.

Requirements:

• Small Business Lending experience required with credit authority preferred.

• BS degree, concentration in Business, Finance, or Economics.

• Five years' experience in Small Business Lending; SBA, Factoring, or Alternative lending experience required.

• In-depth knowledge of financial statements & tax returns.

• Excellent analytical and problem-solving skills, with superior attention to detail and accuracy.

• Strong phone and email communication skills, with experience working in a high-pressure, fast-paced environment.

• Proven ability to consistently meet deadlines, with the ability to interact professionally with management, sales, and merchants.

What We Offer:

• Competitive salary with full benefits.

• Opportunity to work with a dynamic and growing company, Idea Financial.

• Collaborative and supportive work environment.

Equal Opportunity Employer:

Idea Financial is an equal opportunity employer, committed to diversity and inclusion. We make all employment decisions without regard to sex, sexual orientation, gender identity, race, color, religion, age, national origin, pregnancy, citizenship, disability, service in the uniform services, or any other classification protected by federal, state, or local law.


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