We are seeking an experienced Underwriter to join our dynamic revenue-based financing team. This role is essential in evaluating small and medium-sized businesses for funding while maintaining our commitment to responsible lending practices. The ideal candidate will have strong analytical skills, business acumen, and experience in alternative lending or commercial credit analysis.
Key Responsibilities Credit Analysis and Risk Assessment
Analyze and underwrite revenue-based financing applications ranging from $10,000 to $250,000
Review and evaluate business financial statements, bank statements, tax returns, and revenue documentation
Assess business cash flow patterns, seasonality, and growth trends to determine repayment capacity
Evaluate business models, industry risks, and market conditions affecting applicant businesses
Calculate appropriate funding amounts, factor rates, and repayment terms based on revenue analysis
Utilize proprietary scoring models and risk assessment tools to make informed credit decisions
Due Diligence and Documentation
Verify business information, revenue claims, and financial documentation authenticity
Conduct comprehensive background checks on business owners and key personnel
Review legal structure, compliance status, and any outstanding legal issues
Analyze merchant processing statements, e-commerce platforms, and other revenue sources
Evaluate existing debt obligations and their impact on cash flow availability
Document all underwriting decisions with clear rationale and risk mitigation strategies
Portfolio Management and Monitoring
Monitor portfolio performance and identify trends in approval rates, funding performance, and losses
Participate in regular portfolio reviews and risk assessment meetings
Recommend policy adjustments based on performance data and market conditions
Collaborate with collections team on troubled accounts and workout solutions
Assist in developing and refining underwriting guidelines and procedures
Collaboration and Communication
Work closely with business development team to provide feedback on deal structure and pricing
Communicate approval decisions, conditions, and declines to relationship managers and clients
Provide guidance to junior underwriters and support staff on complex transactions
Partner with legal and compliance teams on regulatory requirements and documentation standards
Present complex deals to credit committee for approval when required
Required Qualifications
Bachelor's degree in Finance, Economics, Business, or related field preferred
3+ years of commercial underwriting, credit analysis, or alternative lending experience preferred
Strong understanding of small business financial statements and cash flow analysis
Experience with revenue-based financing, merchant cash advances, or similar alternative lending products preferred
Proficiency in financial modeling and risk assessment techniques
Knowledge of commercial lending regulations and compliance requirements
Advanced Excel skills and experience with underwriting software platforms
Strong attention to detail and ability to work under tight deadlines
Knowledge of various payment processing platforms and merchant services
Experience with automated underwriting systems and decisioning technology
Skills and Competencies
Analytical: Strong quantitative and qualitative analysis skills with ability to synthesize complex financial information
Decision-Making: Sound judgment in risk assessment with ability to balance growth objectives and risk management
Technology: Proficiency with CRM systems, underwriting platforms, and financial analysis tools
Communication: Excellent written and verbal communication skills for internal and external stakeholders
Industry Knowledge: Understanding of various business models and industry- specific risks and opportunities
Adaptability: Ability to work in fast-paced environment with evolving products and market conditions
Underwriting Focus Areas
E-commerce and online retail
Professional services and consulting
Healthcare and medical practices
Manufacturing and distribution
Restaurant and hospitality
Service-based businesses with recurring revenue
Key Evaluation Criteria
Monthly recurring revenue (MRR) and annual recurring revenue (ARR) analysis
Customer concentration and churn rates
Gross margins and unit economics
Management experience and track record
Market position and competitive landscape
Technology platforms and payment processing stability
Performance Metrics
Application processing time and volume targets
Credit decision accuracy and portfolio performance
Approval rates within risk parameters
Customer satisfaction with underwriting process
Compliance with regulatory and company policies
Contribution to portfolio growth and profitability objectives
Technology and Tools
Financial spreading and analysis software
Credit reporting and background check platforms
Bank statement analysis tools
Document management systems
CRM and communication platforms
Compensation and Benefits
Competitive base salary commensurate with experience
Performance-based annual bonus program
Comprehensive health, dental, and vision insurance
Paid time off and holidays
Professional development and continuing education support
Why Join Our Team? Join a forward-thinking fintech company that's transforming how small businesses access capital. Our revenue-based financing model creates unique underwriting challenges and opportunities, allowing you to work with diverse businesses across multiple industries. You're be part of a collaborative team that values innovation, responsible lending practices, and supporting small business growth across North America.
How to Apply Please submit your resume and cover letter highlighting your underwriting experience and interest in alternative lending. Include specific examples of your experience with small business credit analysis and any relevant alternative lending background.
Equal Opportunity Statement Fundfi Merchant Funding is an equal opportunity employer committed to diversity and inclusion.
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Key Responsibilities Credit Analysis and Risk Assessment
Analyze and underwrite revenue-based financing applications ranging from $10,000 to $250,000
Review and evaluate business financial statements, bank statements, tax returns, and revenue documentation
Assess business cash flow patterns, seasonality, and growth trends to determine repayment capacity
Evaluate business models, industry risks, and market conditions affecting applicant businesses
Calculate appropriate funding amounts, factor rates, and repayment terms based on revenue analysis
Utilize proprietary scoring models and risk assessment tools to make informed credit decisions
Due Diligence and Documentation
Verify business information, revenue claims, and financial documentation authenticity
Conduct comprehensive background checks on business owners and key personnel
Review legal structure, compliance status, and any outstanding legal issues
Analyze merchant processing statements, e-commerce platforms, and other revenue sources
Evaluate existing debt obligations and their impact on cash flow availability
Document all underwriting decisions with clear rationale and risk mitigation strategies
Portfolio Management and Monitoring
Monitor portfolio performance and identify trends in approval rates, funding performance, and losses
Participate in regular portfolio reviews and risk assessment meetings
Recommend policy adjustments based on performance data and market conditions
Collaborate with collections team on troubled accounts and workout solutions
Assist in developing and refining underwriting guidelines and procedures
Collaboration and Communication
Work closely with business development team to provide feedback on deal structure and pricing
Communicate approval decisions, conditions, and declines to relationship managers and clients
Provide guidance to junior underwriters and support staff on complex transactions
Partner with legal and compliance teams on regulatory requirements and documentation standards
Present complex deals to credit committee for approval when required
Required Qualifications
Bachelor's degree in Finance, Economics, Business, or related field preferred
3+ years of commercial underwriting, credit analysis, or alternative lending experience preferred
Strong understanding of small business financial statements and cash flow analysis
Experience with revenue-based financing, merchant cash advances, or similar alternative lending products preferred
Proficiency in financial modeling and risk assessment techniques
Knowledge of commercial lending regulations and compliance requirements
Advanced Excel skills and experience with underwriting software platforms
Strong attention to detail and ability to work under tight deadlines
Knowledge of various payment processing platforms and merchant services
Experience with automated underwriting systems and decisioning technology
Skills and Competencies
Analytical: Strong quantitative and qualitative analysis skills with ability to synthesize complex financial information
Decision-Making: Sound judgment in risk assessment with ability to balance growth objectives and risk management
Technology: Proficiency with CRM systems, underwriting platforms, and financial analysis tools
Communication: Excellent written and verbal communication skills for internal and external stakeholders
Industry Knowledge: Understanding of various business models and industry- specific risks and opportunities
Adaptability: Ability to work in fast-paced environment with evolving products and market conditions
Underwriting Focus Areas
E-commerce and online retail
Professional services and consulting
Healthcare and medical practices
Manufacturing and distribution
Restaurant and hospitality
Service-based businesses with recurring revenue
Key Evaluation Criteria
Monthly recurring revenue (MRR) and annual recurring revenue (ARR) analysis
Customer concentration and churn rates
Gross margins and unit economics
Management experience and track record
Market position and competitive landscape
Technology platforms and payment processing stability
Performance Metrics
Application processing time and volume targets
Credit decision accuracy and portfolio performance
Approval rates within risk parameters
Customer satisfaction with underwriting process
Compliance with regulatory and company policies
Contribution to portfolio growth and profitability objectives
Technology and Tools
Financial spreading and analysis software
Credit reporting and background check platforms
Bank statement analysis tools
Document management systems
CRM and communication platforms
Compensation and Benefits
Competitive base salary commensurate with experience
Performance-based annual bonus program
Comprehensive health, dental, and vision insurance
Paid time off and holidays
Professional development and continuing education support
Why Join Our Team? Join a forward-thinking fintech company that's transforming how small businesses access capital. Our revenue-based financing model creates unique underwriting challenges and opportunities, allowing you to work with diverse businesses across multiple industries. You're be part of a collaborative team that values innovation, responsible lending practices, and supporting small business growth across North America.
How to Apply Please submit your resume and cover letter highlighting your underwriting experience and interest in alternative lending. Include specific examples of your experience with small business credit analysis and any relevant alternative lending background.
Equal Opportunity Statement Fundfi Merchant Funding is an equal opportunity employer committed to diversity and inclusion.
#J-18808-Ljbffr