Sr Credit Underwriter

Job Description

At Fundbox, we are dedicated to supporting small businesses through fast and incredibly intuitive access to working capital. With our embedded technology solutions, we’ve cultivated deep partnerships with industry-leading software to give small businesses financial agility and peace of mind. We need outstanding people to help us achieve our goals.

The Credit Team at Fundbox owns underwriting, pricing, loan performance and collections and has direct customer-level P&L responsibility. The team is responsible for driving lending margins by making important business decisions. The team leverages data and analytics to develop policies and pricing.The Senior Credit Underwriter will have a unique opportunity to work within the Credit Team to advance innovative new ways to look at credit at a growing fintech company and apply those methods to assess the risk of extending credit to small businesses. This role is responsible for executing underwriting functions and dictating credit decisions for individual businesses.

Applicants must be currently authorized to work in the United States on a full-time basis without the need for employer sponsorship. Fundbox will not hire any applicants for a Credit Underwriter position who require employer sponsorship for a non-immigrant visa.

In this role you will:

• Conduct a thorough analysis of relevant financial data to assess the credit worthiness of small to midsize businesses.  
• Apply underwriting expertise to make customer level underwriting decisions and recommendations within an existing policy framework.  
• Interact directly and maintain good professional rapport with customers to deeply understand their business models and borrowing needs. 
• Proactively and independently manage an underwriting pipeline.
• Drive improvements to the underwriting policy/procedures where necessary. 
• Partner with credit/risk peers and leadership to improve Fundbox’s automated credit decisioning.
• Maintain strong interpersonal relationships with management and stakeholders. 

You should have:

• At least 3 years of professional underwriting experience in small business lending.
• Bachelor’s degree is required. Concentration within a business related field is preferred. 
• Must be able to analyze financial documents including tax returns, bank statements,  financial statements, and credit reports
• Strong understanding of business underwriting principles, risks associated with small business lending, and lending regulations .
• Excellent written and verbal communication skills with the ability to present financial information in a clear and concise manner. 
• Strong analytical and problem solving skills.
• Comfortable working in a fast-paced environment.

Diversity and Inclusion at Fundbox

We’re proud to be an equal-opportunity workplace as we know that diverse teams produce the best work. We’re committed to building a culture of innovation and inclusion across gender, race, age, sexual orientation, religion, disability, and identity. Here at Fundbox, we strive to uphold a system of values we call MOSAIC: Mission, Ownership, Speed, Achva (a Hebrew term meaning to help one another), Innovation, and Clarity. Embracing our diverse backgrounds and abilities allows us to harness our creativity and achieve more, together.

Compensation & Benefits

We anticipate the US base salary range for this full-time position is $115,000 - $145,000. The range displayed on each job posting reflects the amount the employer reasonably expects to pay for this position across all US locations. Within this range, individual pay is determined by work location and additional factors (i.e. job-related skills, experience, and relevant education or training). The compensation details listed in US role postings reflect the base salary only and do not include any bonuses, equity, or benefits.

Fundboxers (as we like to call them) join our amazing team due to our mission of empowering small businesses to realize their full potential with the help of Fundbox.

We offer incredible benefits including:

• Competitive Compensation, including equity with Fundbox in the form of restricted stock units
• Generous PTO policy to include vacation, sick time and more
• Monthly lunch budget
• Total wellness benefits, including individual annual budget, mental and physical health resources and more
• Personal and professional development budget 
• Stipend to improve your home office setup 
• Premium coverage for health plans offered from day one (some options covered at 100% for Employees)
• 401k, Life insurance and disability benefits

Let’s not forget, we were recently certified by Great Place to work with an employee satisfaction rate of 94%.