Underwriter - MCA

Overview

The organization is seeking an experienced professional to join its underwriting team. This role focuses on underwriting Merchant Cash Advances (MCAs) for small businesses, with a strong emphasis on generating approvals.

The ideal candidate will use data-driven insights alongside experience and intuition to make informed decisions. You must be comfortable handling a large number of deals daily and thrive in a high-pressure, results-driven environment.

Responsibilities

• Generate approval or decline decisions for small business applicants
• Assess a client’s ability to repay financing by analyzing cash flow statements, tax returns, and other financial information
• Conduct detailed financial analysis, including trend and ratio analysis, and interpret financial data to determine credit quality and cash flow adequacy
• Perform additional due diligence as needed to determine a small business owner’s creditworthiness
• Partner with Relationship Managers to negotiate credit transactions

Requirements

• 2 or more years’ experience underwriting MCAs at an A-Paper shop, with experience in a financial institution underwriting small businesses
• Strong analytical skills, including the ability to read and assess individual and company financial statements
• Proficient in Excel
• Ability to take initiative and work well as a team player
• Detail-oriented with the ability to work well under pressure and multi-task
• Strong written and verbal communication skills
• Problem recognition and resolution skills
• Previous experience in a remote environment preferred

Location

Remote