Underwriting Analyst

Enova’s hybrid work model allows employees to work in the office T, W, and TH with the option to work from home on Monday and Friday. 

About the role:

Underwriting Analysts are individual contributors responsible for reviewing, underwriting, and creating the credit decision for term and revolving credit products for the SMB market. The successful candidate will be responsible for reviewing financial and credit data to assess credit risk, determining sources of repayment, and creating appropriate loan structures. Additionally, the candidate will ensure compliance with regulations, policy & procedures to mitigate loss, delinquency and overall risk.

What you’ll be doing:

• Underwrite small business loan applications and account reviews by combining your commercial lending experience and Enova’s sophisticated technology and analytics solutions
• Evaluate credit worthiness by preparing underwriting documentation and present approvals and appropriate loan structure to underwriting leadership
• Analyze application data including tax returns, financial statements, bank statements, as well as business and personal credit reports
• Adhere to all applicable lending policies, procedures, and regulatory compliance
• Meet key performance indicators to ensure the effectiveness and quality of the team and processes
• Evaluate and provide recommendations for policy exceptions

We're excited about you if you have:

• Undergraduate degree in finance, business or related field
• 0-1 years of commercial lending, credit, or similar processing experience
• Strong basic math and data entry skills
• Ability to manage multiple tasks and prioritize workflows
• Excellent oral and written communication skills with a demonstrated commitment to delivering high quality and effective customer service experiences
• Ability to exercise sound, professional judgment with independent decision making and a high level of discretion.
• Demonstrated experience in working with broad cross-functional teams. 
• Detail oriented, logical, and methodological approach to problem solving.

For Colorado-based candidates, the budgeted range is $45,000-50,000 but actual compensation may vary based on experience including a candidate’s qualifications, skills, competencies and experience and may fall outside of the range shown. The successful candidate may also be eligible to participate in incentive plans, and the Company’s benefits plans.  More details about our company benefits can be found at the following link: Enova Benefits

Our Enova SMB Team:

To our customers, we have three different brands focused on small business - OnDeck, Headway Capital, and The Business Backer. Within the company, though, we know all brands are really one single team. Team members in Utah, Denver, NYC, Cincinnati, Virginia, and Chicago offices work together closely to ensure we are offering a best in class experience for our small business customers, and our various partners in the industry.