Junior Underwriter
The Junior Underwriter at Confidential Client supports the evaluation of merchant cash advance and alternative financing applications by analyzing financial documents and assessing risk to recommend funding terms. This entry-level, full-time on-site role involves data entry, monitoring account performance, and collaborating with senior underwriters to ensure accurate and timely underwriting decisions within a team-oriented environment.
About Careertakes
👉 Important disclosure: Careertakes is a third-party recruiting platform supporting this hiring process. If selected, you will be employed directly by our client, Accounting & Finance.
Applicants for this role may also receive access to additional matched opportunities through the Careertakes platform.
What You’ll Do
This entry‑level, full‑time, on‑site role in Lynbrook, NY supports underwriting for merchant cash advances and alternative financing products. Working under the direction of senior underwriters, you will:
- Review bank statements, credit reports, and other financial documentation to assess applicant cash flow and risk.
- Enter, validate, and maintain application and account data in internal systems and CRM.
- Prepare and update underwriting files and documentation to support funding decisions.
- Communicate with sales representatives to clarify application details and request missing information.
- Monitor existing accounts for performance trends and flag potential issues for senior review.
- Help ensure underwriting actions follow internal guidelines and compliance requirements.
- Collaborate with the underwriting team to maintain consistent, accurate, and timely decisions.
Qualifications
- Entry-level — strong candidates may have internships or coursework in finance, accounting, or economics.
- Strong analytical and quantitative ability; comfortable interpreting financial statements and cash flow data.
- Proficiency with spreadsheets (Excel or Google Sheets); experience with CRM or underwriting tools is a plus.
- Excellent written and verbal communication skills for documenting decisions and coordinating with internal teams.
- High attention to detail and accuracy in data entry; strong organizational skills to manage multiple applications and deadlines.
- Ability to learn underwriting guidelines and apply sound judgment under supervision.
- Professionalism and integrity when handling sensitive financial information.
- Associate’s or Bachelor’s degree in Finance, Business, Economics, or related field preferred.
- Willingness to work on-site in Lynbrook, NY and collaborate in a team-oriented environment.
Preferred skills & tools
- Excel: formulas, pivot tables, and basic financial modeling.
- Familiarity with CRM systems or underwriting software.
- Basic credit analysis and financial statement interpretation.
- Comfortable using standard office productivity tools (email, document editors).
Equal Opportunity & Hiring Transparency
Careertakes and our client are Equal Opportunity Employers committed to building a diverse and inclusive workforce. We prohibit discrimination or harassment of any kind. To support a fair and efficient hiring process, AI tools may be used to assist with application review or resume screening. These tools do not replace human decision-making. Final hiring decisions are made by people.
If you have questions about how your data is used, please contact us directly.
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