Underwriter - MCA

Kalamata Capital Group, LLC.

Underwriter - MCA

New York, NY
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k)

    Dental insurance

    Health insurance

    Paid time off

    Vision insurance

    At Kalamata Capital Group, our mission is simple. We are passionate about providing fast and easy financing to small businesses to help them grow and create jobs. We combine technology, experience, and common sense to provide many financing options that work best with small businesses. We have real people who try to explain real actionable solutions in easy-to-understand terms.

    Role Description:

    We are looking for an experienced individual to join our underwriting team. This person must have 2 or more years of experience underwriting MCA’s at an A-Paper Shop , with a strong emphasis on generating approvals. He/she must have the ability to use data driven insights as a guide, but also rely on experience and intuition to make informed decisions. This candidate must be comfortable handling a large number of deals daily, and thrive in a high pressure, results driven environment. Must be able to adapt quickly and efficiently.

    Responsibilities and Duties

    Responsible for generating approval or decline decision for small business applicants

    Determine the ability of the client to repay financing based on analysis of the client’s cash flow statements, tax returns, and other financial information

    Perform detailed financial analysis on the small business, including trend and ratio analysis, and interpret the financial information to determine credit quality and cash flow adequacy

    Perform other due diligence as needed to determine the creditworthiness of a small business owner

    Work with the Relationship Managers in negotiating credit transactions

    Qualifications and Skills

    2 or more years’ experience working in an A-Paper Merchant Cash Advance / financial institution underwriting small businesses

    Strong analytical skills including the ability to read and assess individual and company financial statements

    Proficient in Excel

    Team player with the ability to take initiative

    Detail-oriented, ability to work well under pressure and multi-task

    Strong written and verbal communication skills

    Problem recognition and resolution skills

    Previous experience in a remote environment preferred

    This is a remote position.