Underwriter Academy

About the role

CFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium sized businesses throughout the US in the form of Revenue Based Financing. Underwriters in the Revenue-Based Finance Industry are responsible for pricing, underwriting, and managing a portfolio, assessing and managing risks associated with insuring people and assets. This role offers unlimited potential for success and is suited for individuals with an entrepreneurial mindset.

Responsibilities

• Committing to go through internal training program and learning the Revenue-Based Finance industry
• Assessing and evaluating risks associated with insuring merchants and small businesses and pricing deals accordingly
• Managing and maintaining a portfolio of clients and conducting Merchant interviews
• Collaborating with Underwriting teams and Sales Reps
• Implementing guidelines to ensure a balanced ratio of favorable risks and minimize claim costs
• Analyzing and gathering data from 3rd parties and making informed decisions based on risk analysis ie prospective merchant applications, credit reports, business bank & credit card statements, business financials, P&L, Balance Sheets, Tax Returns, and other related financial and publicly available due diligence information
• Maintaining the financial stability and profitability of portfolio through effective risk management

Qualifications

• Bachelor's degree in business, economics, finance, or a related field
• 1+ years of experience working for a financial firm or in the Revenue-Based Financing industry
• Strong analytical skills and attention to detail
• Excellent communication skills to effectively communicate analysis results to clients and colleagues
• Ability to work independently and in a team environment
• Willingness to undergo training and mentorship provided by CFGMS

Pay

$65,000 - $80,000 USD

This role is based out of our 180 Maiden Lane office in NYC and requires 5 days in the office. CFGMS offers independent contractors the opportunity for unlimited success and provides proper training and mentorship to support their growth in the industry.