Senior Commercial Underwriter Job at Craft Recruiting, Great Neck, NY

amNtV2JMUk1yQ0V2T01RUE5JUjg3TVljbmc9PQ==
  • Craft Recruiting
  • Great Neck, NY

Job Description

We are partnered with a leading financial services company specializing in high-quality business lending. They are seeking a Senior Underwriter to evaluate and approve transactions for established businesses. This role requires strong financial analysis skills, experience underwriting SMB loans, and experience with direct borrower interaction to assess risk in order to structure deals effectively.

Three Awesome Reasons to Work Here:

  • Impactful Work Make a significant impact on businesses of all sizes by helping them navigate financial challenges and achieve their growth potential.
  • Strong Earning Potential Competitive base salary ($125K $160K) plus performance-based bonuses up to 1X salary (OTE $200K $300K).
  • Entrepreneurial & Growth-Oriented Work alongside pricers, portfolio managers, and sales teams to optimize deals and improve lending strategies.
  • What You'll Be Doing:
  • Underwriting & Risk Assessment Analyze financial statements, tax returns, cash flow reports, and bank statements to assess business creditworthiness.
  • Merchant Interviews Conduct direct borrower interviews to validate financials, understand business operations, and assess risk factors.
  • Loan Structuring Work with internal teams to structure financing solutions that align with risk tolerance, borrower needs, and company credit policies.
  • Collaboration with Pricers & Portfolio Managers Partner with pricers to determine appropriate loan pricing and portfolio managers to track deal performance.
  • Due Diligence & Compliance Ensure all underwriting decisions align with internal policies and industry regulations.
  • Process Improvement Contribute to refining underwriting frameworks and optimizing risk evaluation methodologies.

What You Bring:

  • 3+ years of experience in business lending, commercial underwriting, SBA loans, or merchant cash advances.
  • Expertise in higher-dollar transactions ($100K to $500K+).
  • Strong financial analysis skills, including cash flow projections, financial ratio analysis, and risk modeling.
  • Experience conducting merchant interviews to verify financials and assess risk factors.
  • Ability to balance risk assessment with deal-making, ensuring strong underwriting decisions while maintaining efficiency.
  • Proficiency in underwriting software, financial modeling tools, and CRM platforms.

What's In It for You:

  • Competitive Salary $125, 000 $160, 000 base + performance-based bonuses.
  • High Earning Potential Up to 1X base salary in performance bonuses ( OTE $200K $300K ).
  • Career Growth Opportunities in underwriting leadership, risk management, portfolio strategy, and more.

Job Tags

Similar Jobs

Activ8 Recruitment & Solutions

Korean Bilingual Logistics Team Leader - Forklift operation PLUS (34039) Job at Activ8 Recruitment & Solutions

 ...Our client, global industrial equipment manufacturer is looking for Korean Bilingual Logistics Team Leader Forklift operation PLUS near Downey, CA . Responsibilities of Korean Bilingual Logistics Team Leader Forklift operation PLUS Oversee the logistics... 

LHH

Senior Accountant/Analyst Job at LHH

 ...LHH Recruitment Solutions is seeking an Accountant/ Financial Analyst. This role is ideal for a finance professional with a strong foundation in accounting, public accounting experience (audit & assurance), and ideally, exposure to the manufacturing industry. The position... 

Visionaire Partners

IT Analyst Job at Visionaire Partners

 ...opportunity with a leading global organization based in Atlanta, GA. There is potential to extend. Candidates have the opportunity to work from home 2 days per week! Successful candidates have a high level of initiative and thrive in a fast paced, enterprise environment.... 

Graton Resort & Casino

Head Chef Job at Graton Resort & Casino

Position Summary: The Restaurant Chef responsibilities include overseeing the culinary operations of a designated restaurant outlet. This position is primarily responsible for planning, organizing, directing and supervising the work of Team Members in a restaurant kitchen...

Insight Global

Entry Level Mechanical Engineer Job at Insight Global

 ...Day-to-Day An Industrial Engineering company specializing in mechanical and control systems design, fabrication, and installations is...  ...are recent engineering graduates or have less than 2 years of experience with a GPA of 3.5+. This individual will be creating designs...