Underwriter

SBG Funding New York, NY
Full Time Mid Level 5+ years

Posted 1 month ago Expired

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About This Role

As an Underwriter at SBG Funding, you will evaluate funding applications and financial information to assess the creditworthiness of businesses seeking financing, playing a vital role in shaping the future of business funding.

Responsibilities

  • Evaluate funding applications for business-to-business (B2B) lending by analyzing financial statements, credit reports, bank statements, and other relevant documentation to assess creditworthiness
  • Perform detailed risk analyses to identify potential credit risks and propose appropriate mitigation strategies
  • Consistently apply underwriting guidelines and policies to funding applications, making informed decisions within established approval limits
  • Collaborate closely with sales and other internal teams to gather necessary information and ensure accuracy and efficiency in the underwriting process
  • Ensure all underwriting activities comply with regulatory standards, lending policies, and internal compliance requirements
  • Conduct regular credit reviews to monitor portfolio credit quality and proactively identify emerging risks
  • Maintain meticulous records of underwriting decisions, prepare comprehensive reports, and provide insightful recommendations to senior management

Requirements

  • Bachelor’s degree in Finance, Economics, Statistics, or a related field
  • Minimum of 5 years' experience in underwriting roles within B2B lending
  • Extensive knowledge of lending principles, credit risk assessment methodologies, and underwriting practices
  • Proficiency in financial statement analysis, credit evaluation, and risk assessment
  • Comprehensive understanding of lending regulatory guidelines and compliance requirements
  • Strong analytical capabilities, decision-making aptitude, and problem-solving skills
  • Independent working style with effective time management and multitasking abilities
  • Exceptional communication and interpersonal skills to collaborate across diverse teams

Qualifications

  • Bachelor’s degree in Finance, Economics, Statistics, or a related field
  • Minimum of 5 years' experience in underwriting roles within B2B lending

Skills

Problem Solving * Communication * Risk assessment * Financial Statement Analysis * Credit Evaluation *

* Required skills

Benefits

Competitive salary
Comprehensive Benefits

About SBG Funding

SBG Funding is one of the nation’s leading sources for business funding, specializing in providing fast, flexible, and affordable capital to small businesses nationwide.

Finance
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