Merchant Cash Advance Underwriter (Mandarin Speaking)
17 days ago
Forest Hills
Job Description We have an immediate opening for a bright, hard-working individual to join our Underwriting team. The ideal candidate will have had experience in the Merchant Cash Advance industry and a genuine interest in evolving credit analysis. The candidate will have the opportunity to be an integral part of a growing team in a fast-paced, work environment. Core Responsibilities • Perform due diligence on eligible deals, (e.g., valuation, credit review, financial document review, merchant research, risk assessment, review site inspections, etc.), • Conduct merchant interviews, • Work with existing and new CRM, • Collaborate with Processing department to finalize contracts and interface with external partners, • Collaborate with Business Development department to negotiate terms with key external business partnerships, • Present pricing, stipulations, and terms within risk parameters for eligible deals; communicate funding offers to ISOs and/or merchants, • Serve as a resource to junior underwriters regarding bank review, due diligence, stipulations, requirements, and pricing, • Perform renewal outreach for eligible deals, • Track deals with CRM database, • Must be able to work in fast paced environment, • 1 – 2 years of underwriting experience in alternative financing (MCA, Term Loans), • Highly motivated, entrepreneurial, and team-oriented candidates with strong accounting, finance, modeling, and problem-solving skills, • Strong combination of organization and interpersonal/communication skills