Commercial Underwriter

Commercial Underwriter

Job TitleCommercial UnderwriterFunctionUnderwritingDesignationSr.associateReporting Relationship Compensation & BenefitsMarket Driven; Commensurate with the candidates experience Work locationNoida, IndiaPosition TypePermanent Travel requiredOnly as per business requirement

About Biz2Credit (read more at ):

Founded in 2007, Biz2Credit is rated as the #1 small business financing resource in the U.S. by Entrepreneur Magazine. To-date, we've facilitated more than $2 billion in small business lending.

Biz2Credit, an all-in-one financing solution for entrepreneurs to get a small business loan with fast approval process. Explore the best small business financing options with us

Biz2Credit offers an innovative way for lenders and small business borrowers to connect through our online credit marketplace. Our robust network includes more than 1,200 lenders and tens of thousands of small businesses who connect to the network through partnerships with Paychex, Start-up America, CPA's, business brokers and other referral partners.

We are connected to the IRS, QuickBooks, D&B, Equifax, and others for streamlined data capture right into the loan application. Businesses can register in under four (4) minutes and see instant, online matches with qualified lenders. There's 24/7 access to SMB articles and resources, and an option to work directly with a Biz2Credit Loan Specialist who work with the business every step of the way to ensure high quality loan packages. Our loan packages close 3x the national average.

Our Global Presence:

Biz2Credit is headquartered in New York City, (USA). With a well-established international presence outside the United States we maintain a network of offices serving our clients in Asia Pacific Regions, Australia etc.

Careers with Biz2Credit;

Explore our career opportunities and learn more about why Biz2Credit is a great place to work. Join a global leader in digital fintech services that will engage your mind, inspire your creativity and develop your career. Biz2Credit values the individual and strives to deliver an appropriate work-life balance because a motivated and happy person can add untold value to our clients and colleagues around the world.

We attract individuals from different backgrounds and cultures who like you bring a unique point of view and unique business skills. Youll work with great people and will be exposed to a range of alternative perspectives.

Everyones opinion is valued. After all, diversity of thought and ideas enables us to provide better services to our clients. In return for your input and ideas, were committed to giving you the experiences you need to progress and develop as well as the learning and coaching to help you to excel.

Biz2credit is an equal opportunity employer.

JOB DESCRIPTION

Job Description & Details of RoleThe Underwriter will be responsible for full cycle underwriting of proposed financing amounts and terms to small businesses. The Underwriter will work closely with the Relationship Manager to assess and structure financing that is attractive to the small business owner and minimizes risk.

Work with the Relationship Managers in structuring, analyzing and negotiating credit transactions

Responsible for full cycle underwriting of assigned small business financing

¢ Determine the ability of the client to repay financing based on analysis of the clients cash flow statements, US tax returns (such as 1120, 1120S, 1065, 1040), and other financial information

¢ Perform detailed financial analysis on the small business, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy

¢ Perform credit analysis and financial statement analysis on co-owners, guarantors, and individuals to determine assets coverage for requested loan amounts

¢ Coordinate with Relationship Managers regarding customer calls and site visits

¢ Perform other due diligence as needed to determine the creditworthiness of a small business owner

Open to Work in Night Shift.

Desired Candidate¢ Master's degree in finance and accounting

¢ Formal credit training preferred.

¢ Experience working in a financial institution underwriting small businesses; 3+ years in a commercial credit analysis or commercial underwriting role working with small businesses a plus

¢ Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, industry, and competitive analysis and projections

¢ Proficient in various spreadsheet and word processing applications (Excel and Word are preferred) including the use of graphs/charts, and Moody's financial analysis software

¢ Basic knowledge of credit principles, lending operations, loan research, due diligence searches such as SOS, Clear report, TLOx Transunion, Credit bureau report and general credit policies

¢ Team player with the ability to take the initiative

¢ Detail oriented, ability to work well under pressure and multi-task

¢ Strong written and verbal communication skills

¢ Problem recognition and resolution skills

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