Underwriter Academy

Job Summary

CFG Merchant Solutions, LLC (CFGMS) is a rapidly growing alternative finance company that provides working capital to small and medium-sized businesses throughout the US through Revenue-Based Financing.

As we continue to expand, we are looking to hire new talent and grow our existing teams. Underwriters in the Revenue-Based Finance industry are responsible for pricing, underwriting, and managing a portfolio, assessing and managing risks associated with insuring merchants and small businesses, and making informed decisions based on risk analysis. A bachelor’s degree in business, economics, finance, or a related field is typically required.

This role offers independent contractors training and mentorship to support their growth in the industry. It is based out of our 180 Maiden Lane office in NYC and requires 5 days in the office.

Learn with us. Fund with us. Join our Underwriter Academy to learn how to become a CFGMS underwriter or join one of our funding teams.

Responsibilities

• Complete the internal training program and learn the Revenue-Based Finance industry
• Assess and evaluate risks associated with insuring merchants and small businesses and price deals accordingly
• Manage and maintain a portfolio of clients and conduct merchant interviews
• Collaborate with underwriting teams and sales representatives
• Implement guidelines to maintain a balanced ratio of favorable risks and minimize claim costs
• Analyze and gather data from third parties and make informed decisions based on risk analysis, including prospective merchant applications, credit reports, business bank and credit card statements, business financials, P&L, balance sheets, tax returns, and other related financial and publicly available due diligence information
• Maintain the financial stability and profitability of the portfolio through effective risk management

Qualifications

• Bachelor’s degree in business, economics, finance, or a related field
• 1+ years of experience working for a financial firm or in the Revenue-Based Financing industry
• Strong analytical skills and attention to detail
• Excellent communication skills to share analysis results with clients and colleagues
• Ability to work independently and in a team environment
• Willingness to undergo training and mentorship provided by CFGMS

Salary Range

$65,000–$80,000 USD