Business Underwriter

Responsibilities

• Uses sound judgment; follows CAN Capital guidelines, policies, and procedures; takes proactive steps to complete tasks and to resolve issues and concerns
• Consistently and efficiently works pipeline of loans while mitigating risk and potential losses
• Diligently reviews each funding package to identify a concrete understanding of presented business, business practices, and legitimacy, effectively communicating to internal and external partners recommended courses of action
• Demonstrates excellent due diligence and attention to detail when processing deals by emphasizing response time, the number of contracts processed, and the quality of contracts approved
• Obtains and reviews personal and business credit bureaus, evaluates creditworthiness, and performs credit investigations, as needed
• Reviews applications and supporting business documentation on accounts to determine the legitimacy and identify potential fraud
• Ensures compliance to CAN Capital lending policies, procedures, and guidelines
• Captures meticulous notes to support processing and decisions within the portal
• Works with a sense of urgency in organizing work and completing the underwriting process; takes ownership
• Resolves conflicts constructively; maintains and builds relationships both internally and externally throughout completion
• Maintains an up-to-date understanding of the growing marketplace, business needs, and competition
• Quickly adapts and incorporates changes to processes, goals, and deadlines into own work
• Works collaboratively with leaders across the organization, improving the organization's objectives to drive positive interdepartmental relationships, as well as supporting loyal broker and merchant relationships
• Performs other assigned duties, as necessary

Qualifications

• Bachelor's degree with 3+ years underwriting experience preferred
• Experience gathering business information for due diligence using various tools required
• Experience reviewing, evaluating, and making risk-based decisions within an approved authority matrix preferred
• Ability to read a consumer credit report (Experian/Equifax/Transunion) required
• Ability to Perform Cash Flow analysis from bank statements and financial statements required
• Must have excellent written and verbal, digital and interpersonal communication skills and the ability to adjust to the demands of a hybrid office environment easily
• Strong problem solving, analytical, and negotiation skills required
• Intermediate skills in MS Office products including Word, Excel, Outlook, Teams
• Absolutely must have the ability to maintain confidentiality
• Absolutely must have the ability to perform work in a dynamic, demanding, high-energy environment with an exceptional degree of organization
• Exhibits self-discipline and self-motivation at all times
• Demonstrates characteristics such as flexibility, adaptability, responsive to coaching and feedback