Underwriter

About Caribou

At Caribou, we’re on a mission to put drivers in control of their auto payments. If you got your auto loan at the car dealership, you might be driving around not realizing that you are overpaying on your monthly car payment. By partnering with trusted lenders like credit unions and community banks, we save our customers money by getting them access to great rates and lower monthly payments.

In the last year alone, we grew revenue by 5x and raised a $50M Series B and $115M Series C. We’re built by leaders from the technology, automotive, and finance industries, and we’re proud to be backed by a great team of venture capital investors, including QED Investors, Goldman Sachs, Moderne Ventures, Accomplice, Link Ventures, Motley Fool Ventures and others.

About the Role

Caribou is looking for an experienced underwriter with 5+ years of auto lending experience. As a senior underwriter you have expert skills to assess and validate the creditworthiness of a borrower and decision to approve or decline an application. In addition:

• Skilled with working with both prime and non prime borrowers
• Process a high volume of daily applications on a timely basis
• Ensure loans are being approved in line with credit policy and compliance
• Work efficiently with attention to details
• Experienced with reviewing and confirming accuracy of required documentation (STIPS)
• Identify and document loan errors and communicate with lenders for error resolution
• Review and verify loan is accurate and complete

About You

You are a skilled underwriting professional in the auto finance servicing business working for banks, finance companies or other Fintechs. You are proactive, built and managed teams and are able to work at a high growth startup. You:

• Have strong underwriting and information validation skills and can articulate these decisions in written form
• Work efficiently and accurately
• 5+ years of experience working with FICO scores across the credit spectrum
• Skilled in analyzing financial information, verifying income, and making decisions to approve, counter-offer, or deny a loan based on prescribed credit policies
• Able to assess and escalate exceptions (as needed) and document decision rationale
• Familiar with working with both manual as well as automated decision technology
• Organized and detailed oriented
• Good communication skills
• Able to problem solve
• Team player 
• Attention to detail with ability to prioritize and manage daily responsibilities with little oversight
• Familiar with reviewing, confirming accuracy of required documentation (STIPS)

• Competitive base salary of $80K- $90K
• Equity in a high growth startup
• Fantastic health, dental, vision, and mental health insurance, where we cover 100% (yes, 100%!) of the premium for you and your family, and a generous PTO plan
• Company-paid for short & long term disability insurance and basic life insurance 
• Optional benefits include HSAs, FSAs, voluntary life insurance, and pet insurance