Underwriting Representative

The Underwriting Specialist will evaluate financial statements, creditworthiness, and risk factors to make sound decisions while ensuring compliance with company policies and industry regulations.

ESSENTIAL FUNCTIONS:

• Analyze financial statements, tax returns, credit reports, and business plans to assess borrower risk
• Evaluate applications for accuracy, completeness, and compliance with underwriting guidelines
• Communicate with the prospect to understand their business and ask any questions in order to make an informed decision
• Determine the appropriate credit line, and terms for incoming accounts based on the risk assessment and ensuring adherence to company guidelines
• Maintain effective communication with internal stakeholders (sales team, management) and external clients, ensuring all parties are informed of underwriting decisions
• Create and modify closing legal documents to finalize account setup and facilitate smooth transfer to the Account Executive assigned
• Maintain detailed records and documentation of underwriting decisions
• Perform other duties and various special projects as assigned

JOB REQUIRMENTS:

• Bachelor’s degree in Business, Finance, or related field preferred, relevant industry experience may be considered in place of degree
• 4 + years of experience in underwriting, preferably within the Oil and Gas industry
• Experience in the factoring, asset based lending or financial services industry with a strong understanding of accounts receivable financing required
• Strong understanding of financial statements, credit analysis and risk assessment methodologies
• High degree of accuracy and attention to detail when handling client accounts and data
• Must be able to maintain confidentiality and tactfully discuss sensitive information
• Excellent verbal & written communication skills, with the ability to present data and reports effectively
• Proven ability to work both independently and in a collaborative environment to achieve client satisfaction and retention goals

Learn more here: https://bisonpayments.com/

The Underwriting Specialist will evaluate financial statements, creditworthiness, and risk factors to make sound decisions while ensuring compliance with company policies and industry regulations.

ESSENTIAL FUNCTIONS:

• Analyze financial statements, tax returns, credit reports, and business plans to assess borrower risk
• Evaluate applications for accuracy, completeness, and compliance with underwriting guidelines
• Communicate with the prospect to understand their business and ask any questions in order to make an informed decision
• Determine the appropriate credit line, and terms for incoming accounts based on the risk assessment and ensuring adherence to company guidelines
• Maintain effective communication with internal stakeholders (sales team, management) and external clients, ensuring all parties are informed of underwriting decisions
• Create and modify closing legal documents to finalize account setup and facilitate smooth transfer to the Account Executive assigned
• Maintain detailed records and documentation of underwriting decisions
• Perform other duties and various special projects as assigned

JOB REQUIRMENTS:

• Bachelor’s degree in Business, Finance, or related field preferred, relevant industry experience may be considered in place of degree
• 4 + years of experience in underwriting, preferably within the Oil and Gas industry
• Experience in the factoring, asset based lending or financial services industry with a strong understanding of accounts receivable financing required
• Strong understanding of financial statements, credit analysis and risk assessment methodologies
• High degree of accuracy and attention to detail when handling client accounts and data
• Must be able to maintain confidentiality and tactfully discuss sensitive information
• Excellent verbal & written communication skills, with the ability to present data and reports effectively
• Proven ability to work both independently and in a collaborative environment to achieve client satisfaction and retention goals

Learn more here: https://bisonpayments.com/