Senior Underwriter

Posted on Sep 25 Arlignton, VA

At OnDeck, we improve the world's economic landscape by changing the way small businesses access capital. We do it in an environment where we celebrate collaboration, but aren't afraid of healthy competition; where we're serious about our work but don't take ourselves too seriously; and where we are small enough to be nimble but strong enough to make a big impact.

Department summary:
Our passion and mission in Risk is to provide small businesses and internal stakeholders with an amazing credit delivery and servicing experience. We work hard as a team to build and operate the most frictionless and scalable environment for small business credit delivery and service. We continuously invest in people, automation through technology, and efficiency through process optimization. Our team thrives on our culture – We are passionate about having fun, being open and empowering team members.

We are seeking an Underwriter to join our team in Arlington, Virginia, who will review, underwrite, structure and document new and renewal term and revolving credit products for the SMB market. Underwriter will be responsible for identifying, gathering, and analyzing relevant information to assess credit risk, determine sources of repayment, create appropriate loan structures, approve/decline the credit request, and ensure compliance with applicable regulations, credit policy, credit procedures, and the company's credit philosophy in an effort to mitigate loss, delinquency and overall risk.

As a Senior Underwriter at OnDeck, you will:
Underwrite loans in accordance with company guidelines
Analyze application data including financial statements, bank statements, credit card statements, and business and personal credit reports
Conduct interviews with prospective clients
Determine credit worthiness and approval amounts
Must have ability to communicate, in both written and verbal forms, factors in underwriting decisions
Evaluate and provide recommendations for policy exceptions
Perform other duties as assigned

Qualifications for Success:
Bachelor's Degree in Finance, Economics or related discipline
5-7 years of commercial lending, credit, or underwriting experience
Solid credit fundamentals in a commercial environment. Formal credit training a plus
Strong analytical and intuitive investigative skills
Ability to read, analyze and interpret business financial statements
Must be detail oriented
Ability to solve practical problems and interpret a variety of instructions furnished in oral, written, or schedule form
Ability to manage multiple tasks and prioritize workflows
Strong independent decision making capabilities
About OnDeck:

We're all about teamwork, passion and making an impact. Oh and having fun – Whether it's community service events, book club meetings, team get-togethers or weekly social hours in the office.

OnDeck is the leader in online small business lending. Since 2007, the company has powered Main Street's growth through advanced lending technology and a constant dedication to customer service. To date, the company has deployed over $5 billion to more than 50,000 customers in 700 different industries across the United States, Canada and Australia.

In addition to our great benefits:

We also offer…

401K Match. Tuition Reimbursement. Paid Parental Leave. Company Outings. Hackathons. Company Sponsored Sports Teams/Clubs. Office Learning & Development Training.

We are going to ask you to talk about your accomplishments. Here are some of ours:

WorldatWork, 2017 Seal of Distinction
Fortune 50 Best Small and Medium Companies to Work For, 2016
Fortune 30 Best Workplaces in Finance and Insurance, 2016
Fortune/Great Place To Work Great Rated! People's Picks: 20 Great Workplaces in Financial Services, 2015
Crain's New York Best Places to Work, 2013, 2014, 2015

As part of our dedication to maintaining an inclusive and diverse workforce, OnDeck provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, OnDeck complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

OnDeck expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of OnDeck's employees to perform their job duties may result in discipline up to and including discharge.