Underwriter Job at Ascendo Resources, Mundelein, IL

  • Ascendo Resources
  • Mundelein, IL

Job Description

Job Description

We are seeking an Underwriter to join a growing team in the Miami area. This role will focus on the underwriting and credit analysis of small businesses, and making informed lending decisions across a variety of business financing products. The ideal candidate will come from a fintech or financial services firm and have hands-on small business underwriting experience.

\n

\n

\n

Key Responsibilities

\n
    \n
  • Analyze small business credit applications and assess overall creditworthiness, repayment capacity, and risk.
  • \n
  • Review business and personal credit reports, bank statements, financial statements, tax returns, cash flow, and other supporting documentation.
  • \n
  • Underwrite small business lending products including business lines of credit, MCA, working capital loans, and short-term financing.
  • \n
  • Evaluate business cash flow, revenue trends, debt obligations, average daily balances, deposits, and other financial indicators.
  • \n
  • Identify credit risks, inconsistencies, fraud indicators, and potential repayment concerns.
  • \n
  • Apply established credit policies, underwriting guidelines, and risk parameters to lending decisions.
  • \n
  • Determine appropriate loan structures, approval amounts, terms, pricing, and risk levels based on the overall credit profile.
  • \n
  • Communicate with sales/origination teams to obtain additional documentation and clarify financial or credit information.
  • \n
\n

\n

\n

Qualifications

\n
    \n
  • Bachelor's degree in a related field preferred
  • \n
  • 2+ years of experience in business credit underwriting, commercial lending, alternative lending, or fintech lending.
  • \n
  • Direct experience underwriting small business financing products, such as lines of credit, MCA, working capital, or other business loans.
  • \n
  • Strong understanding of business credit analysis and cash-flow-based underwriting.
  • \n
  • Experience analyzing bank statements, financial statements, credit reports, tax returns, and business performance.
  • \n
  • Ability to make sound, independent credit decisions in a fast-paced lending environment.
  • \n
  • Strong attention to detail and ability to identify financial discrepancies and potential risk.
  • \n
\n

\n

\n

\n

\n

"Ascendo is a certified minority owned staffing firm, we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, retaliation, parental status, military service or any non-merit factor.”

Job Tags

Temporary work

Similar Jobs

MSA Professional Services, Inc.

Building Inspector II Job at MSA Professional Services, Inc.

 ...Building Inspector II (LTE) MSA has an opportunity for a Building Inspector II (LTE) at any Wisconsin office location on the Public Works Service Line. This can be a full-time or part-time position, depending on your availability, and we are also open to discussion... 

AuraOne Human Data

First-Line Supervisors of Construction Trades and Extraction Workers Job at AuraOne Human Data

 ...First-Line Supervisors of Construction Trades and Extraction Workers is a remote review track for evaluating AI outputs across construction operations workflows. Reviewers grade workflow correctness, policy adherence, and stakeholder fit; flag operational risk; and document... 

Favorite Healthcare Staffing

Nuclear Med Technician Job at Favorite Healthcare Staffing

 ...has your back as you search for your next adventure.Favorite Healthcare Staffing is looking for an experienced Radiology Nuclear Med Technician (RAD NMT) for an assignment in Hartford, CT! This assignment is for 13 weeks and ideal candidates must have at least one year... 

Jackson PharmacyPros

Pharmacist - Travel Job Job at Jackson PharmacyPros

 ...We're hiring a licensed pharmacist for a contract position where youll use your clinical expertise to ensure the safe and thoughtful...  ...30 miles away and Guana Tolomato Matanzas National Estuarine Research Reserve offers additional coastal access and nature trails within... 

Commonwealth Business Bank

SVP BSA OFFICER Job at Commonwealth Business Bank

 ...regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law. #J-18808-Ljbffr