Underwriter, Finance & Banking

Underwriter

Location: Brooklyn, NY
Position Type: Full-Time
Schedule: Monday through Friday, Standard Business Hours
Salary: Based on Experience

We are seeking a skilled, analytical, and detail-oriented Underwriter to join a growing financial services company based in Brooklyn. This role is ideal for a strong decision-maker who understands risk, cash flow, and merchant behavior, and who thrives in a fast-paced, performance-driven environment. As an Underwriter, you will play a critical role in evaluating merchant applications, assessing risk, and making informed credit decisions that directly impact the company’s portfolio performance.

This is a hands‑on underwriting role requiring strong financial analysis skills, sound judgment, and the ability to balance growth with risk management.

The Underwriter is responsible for reviewing and analyzing merchant financial data to determine eligibility, deal structure, and approval terms. You will assess revenue trends, identify risk factors, calculate repayment structures, and decide whether to approve, counter, or decline applications. This role requires a deep understanding of merchant cash flow, industry risk, and fraud indicators, along with the confidence to make independent underwriting decisions.

• Review and analyze bank statements, revenue reports, and financial documentation to assess merchant cash flow and stability
• Calculate appropriate daily or weekly payment amounts based on revenue trends and risk tolerance
• Determine factor rates, terms, and overall deal structure in alignment with company guidelines
• Set maximum approval amounts based on financial performance, exposure, and risk profile

• Evaluate merchant performance trends, including seasonality, volatility, and growth patterns
• Identify and flag potential risks related to industry type, business model, or market conditions
• Conduct ownership and entity reviews to confirm business legitimacy and structure
• Review prior stacking, existing advances, and UCC filings to assess exposure and repayment risk
• Detect potential fraud through document review, bank behavior analysis, and pattern recognition
• Make clear underwriting decisions to approve, counter, or decline applications with documented reasoning

• Support post‑funding monitoring as needed to track merchant performance and early warning signs
• Assist with portfolio reviews and risk assessments to support long‑term performance and loss mitigation

• Work closely with sales, operations, and funding teams to structure deals that balance competitiveness and risk
• Provide clear explanations of underwriting decisions and counteroffers
• Maintain accurate documentation and underwriting notes for audit and compliance purposes

• Strong ability to analyze bank statements and revenue trends
• Solid understanding of factor rates, terms, daily/weekly payments, and deal structuring
• Experience identifying fraud, industry risk flags, and stacking exposure
• Excellent analytical and decision‑making skills
• High level of attention to detail and accuracy
• Ability to work independently and manage a high volume of files
• Strong communication skills and confidence in defending underwriting decisions

• High‑impact role directly influencing portfolio quality and company growth
• Fast‑paced environment with room for advancement
• Opportunity to work with experienced professionals in financial services