Junior Underwriter

$52,000 - $52,000/Yr

Fintap.Co - Clifton, NJ

Full-time - Entry Level

Onsite - Clifton, NJ

About the position

The Junior Underwriter at FinTap plays a crucial role in supporting small businesses by evaluating merchant applications for short-term working capital. This position involves conducting thorough background checks, financial analyses, and maintaining positive relationships with business owners. The ideal candidate is dedicated, driven, and motivated by personal and professional growth, contributing to the company's mission of improving the economic landscape for small businesses.

Responsibilities

• Assist with thorough background checks and financial analyses for new merchant applications.
• Acquire necessary documentation needed in accordance with submissions, including merchant processing statements and any correlated financials.
• Filter merchant applications for further review by a senior underwriter.
• Conduct merchant phone interviews to verify the potential future clientele and its business operations.
• Determine the creditworthiness of a small business and its owner(s).
• Work with sales and support staff to outline and close deals.

Requirements

• Bachelor's Degree or enrolled and in good academic standing in a Bachelor's Degree program.
• Basic understanding of general credit policies, lending operations, credit principles, and loan research.
• Ability to handle and prioritize multiple projects at any given time, as well as associated conflict/resolution.
• Strong verbal and written communication skills.
• Capability to work effectively within a team, with unexpected pressures.
• Proficient with Microsoft Office (Excel, Word, etc.).
• Advanced computer and web application skills.

Nice-to-haves

• Bilingual preferred.
• Underwriting/Loan Processing experience a plus.

Benefits

• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Vision insurance