Job Summary
The Underwriter is responsible for independently reviewing business funding applications, focusing on the analysis of bank statements, the assessment of financial risks, and the determination of suitable funding terms. This role requires effective management of a pipeline of applications and involves communication with brokers and sales representatives to maintain high standards of deal quality.
Responsibilities
- Evaluate business funding applications by analyzing financial documents.
- Assess financial risks and establish appropriate funding conditions.
- Manage a pipeline of applications to ensure timely processing.
- Communicate effectively with brokers and sales representatives to discuss deal quality.
Qualifications
- Previous experience in underwriting for Merchant Cash Advance (MCA) is essential.
- Strong understanding of alternative business financing options.
- Ability to conduct thorough risk assessments and cash flow analyses.
- Expertise in identifying fraudulent documentation is critical.
