Underwriter

Biz2Credit • New York, NY

20d • Onsite

About The Position

As an Underwriter at Biz2Credit, you will play a vital role in evaluating loan applications and assisting with the underwriting process. We are currently seeking an experienced Underwriter to join our team at the NY Office . In this role, you will be responsible for performing comprehensive financial analysis on small businesses, including trend and ratio analysis. Your expertise will be crucial in interpreting financial information to assess credit quality and cash flow, enabling us to make informed lending decisions.

Requirements

• Bachelor's degree preferred but not mandatory in finance, accounting, or a related field
• Previous experience in underwriting, credit analysis, or a similar role is preferred but not mandatory for entry-level applicants.
• Strong analytical skills with the ability to interpret complex financial data and make informed decisions.
• Familiarity with financial statements, tax returns, and credit reports.
• Knowledge of underwriting principles, lending regulations, and risk assessment methodologies.
• Excellent attention to detail and the ability to work in a fast-paced environment.
• Strong organizational and time management skills, with the ability to prioritize tasks effectively.
• Excellent written and verbal communication skills.
• Proficient in using MS Office suite and other relevant software applications.

Responsibilities

• Review loan applications and supporting documentation to determine eligibility and creditworthiness of borrowers.
• Analyze financial statements, credit reports, tax returns, and other relevant data to assess risk and make informed lending decisions.
• Conduct comprehensive due diligence and verify accuracy of information provided by applicants.
• Responsible for full cycle underwriting of assigned small business financing.
• Collaborate with the Underwriting team to identify potential red flags and mitigate risk.
• Stay updated with industry trends, regulations, and underwriting guidelines to ensure compliance.
• Communicate effectively with internal stakeholders, including Relationship Managers, to gather necessary information and clarify requirements.
• Maintain accurate and detailed documentation of underwriting decisions and findings.

Benefits

• Opportunity to work in a fast-growing and innovative fintech company.
• Exposure to a diverse range of clients and industries.
• Collaborative and inclusive work environment.
• Competitive salary and benefits package.
• Continuous learning and professional development opportunities.
• Opportunity for growth and advancement within the company.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees