Junior Underwriter

• Merchant Cash Advance (MCA) Underwriting: Assist in evaluating MCA applications by analyzing financial statements, credit reports, and other relevant data to assess the creditworthiness of potential clients.
• Risk Assessment: Support senior underwriters in identifying potential risks associated with funding applications and help determine appropriate funding terms.
• Collaboration with Junior Underwriters: Work closely with other junior underwriters to ensure consistency in the underwriting process and to share insights and best practices.
• Documentation Review: Review and verify the accuracy and completeness of documentation provided by applicants, ensuring all necessary information is obtained for the underwriting process.
• Data Entry: Accurately enter and update client information and financial data in the underwriting system.
• Communication: Communicate with clients, brokers, and internal teams to gather additional information and clarify any discrepancies in applications.
• Report Preparation: Assist in preparing underwriting reports and summaries for review by senior underwriters and management.
• Compliance: Ensure all underwriting processes adhere to company policies and relevant regulatory requirements.
• Continuous Learning: Stay up-to-date with industry trends, underwriting guidelines, and best practices to enhance underwriting skills and knowledge.
• Support Senior Underwriters: Provide general support to senior underwriters in managing their portfolios and processing funding applications.
• Other Duties as Assigned: Perform additional tasks as required to support the underwriting team and overall business objectives.

• Education: Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Experience: 1-2 years of experience in Merchant Cash Advance (MCA) underwriting or a related financial services role.
• Technical Skills: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint). Familiarity with underwriting software and financial analysis tools is a plus.
• Analytical Skills: Strong analytical skills with the ability to interpret financial data and assess risk accurately.
• Attention to Detail: Exceptional attention to detail, ensuring accuracy and thoroughness in all tasks.
• Communication Skills: Excellent verbal and written communication skills, with the ability to interact professionally with clients and team members.
• Organizational Skills: Strong organizational and time-management skills, with the ability to handle multiple tasks and deadlines.
• Team Collaboration: Ability to work collaboratively with other junior underwriters and contribute to a team-oriented environment.
• Willingness to Learn: Eagerness to learn and develop skills in underwriting and credit analysis.

AB Hires and Consulting