Senior Underwriter

Reports to:

Underwriting Manager Classification:
Full Time, Non-Exempt JOB DESCRIPTION

Summary/Objective:
Senior Underwriters use statistical, analytical and judgmental underwriting methods to make Credit / Risk decisions on Small Business loan requests. This position ensures that files are reviewed, approved and funded, when applicable, in an efficient and timely manner. This position is responsible for retaining positive working relationships both internally and externally.

• Reviews and determines outcomes of funding requests on files that don’t fit traditional loan models.
• Performs a check of all incoming documentation including verifying documents for accuracy using company and lender guidelines on manually funded transactions.
• Generates contract requests and collects all necessary information prior to funding.
• Works directly with the sales team and other parties internally and externally to resolution.
• Maintains constant email and task-based communication with representatives at other firms.
• Utilizes the internet and other resources to verify information’s accuracy.
• Possesses the ability to interpret a credit approval and the ability to understand how to clear credit stipulations and to gather the proper supporting documentation to do so.
• Possesses the ability to understand the structure of a working capital business loan and advance.
• Possesses the ability to work with and maintain strong relationships both internally and externally.
• Other duties as assigned.

This position does not have any supervisory responsibility.

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bending or standing on a stool as necessary.

This is a full-time position, and hours of work and days Monday through Friday, 8:00 a.m. to 5:00 p.m. Occasional evening and weekend work or variable shifts such as four 10-hour workdays may be required based on operational needs.

Minimum of four years’ experience in an underwriting environment making credit decisions.

• Professional demeanor and the ability to thrive in a fast-paced environment.
• Strong, effective, oral and written communications skills.
• Must be able to work independently and/or with a team.
• Must have strong analytical, mathematical and judgmental skills to complete assigned tasks with a high level of accuracy.
  · Strong organizational skills.
• Must be technically savvy with strong, but basic Office and Internet skills.
• Demonstrates traits consistent with the company culture - drive and perseverance in accomplishing goals; sense of responsibility and integrity; effectiveness as a team member; adaptability to new projects; planning and organizational skills; resourcefulness; energy and motivation to accept and complete tasks; and enthusiasm for the business and their work

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.