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Underwriter

Location:	Wilmington, New Castle, Delaware, USA
Job Type:	Permanent
Posted:	26th Jan 2012
Closing Date:	23rd Feb 2012
Posted By:	Swift Capital
Details:
Underwriter The Position Swift Financial (Swift Capital) is pursuing a unique strategy that provides short-term working capital to creditworthy small businesses through the purchase of future credit and debit card receivables. The Underwriter will have responsibility for assessing the financial stability of the small business, the risk of the receivables purchase, and the appropriate price to charge relative to the risk associated with the deal. This individual will need to demonstrate strong decision making skills, the ability to handle multiple tasks at a time, a commitment to providing great customer service, and the ability to clearly communicate the underwriting decision to members of management and the small business owner. The successful candidate will perform the following activities:  Verify the accuracy of the information submitted from Quality Control and the customer  Interview small business owners, landlords and trade references, reviewing site inspections, and obtaining information from both the risk management and sales departments to arrive at the most appropriate decision based on the information at hand  Analyzing credit bureau information (consumer and business) as well as merchant processing and business banking statements to reach a judgmental decision  Identify and research any inconsistencies with the application, in the effort of combating fraud  Interpret and analyze financial statements and business tax returns as needed  Assist in other areas of the company as needed to ensure service levels and financial targets are exceeded The Person • Minimum of three years of successful work experience as an Underwriter working with small business or commercial customers • Knowledge of regulations such as the Equal Credit Opportunity Act, the USA PATRIOT Act, and the Fair Credit Reporting Act • Knowledge of small business financial products • Superior decision making skills • Exceptional attention to detail and quality of work • Superior customer service skills • Willingness to discuss potentially difficult financial issues with customers • Proficient multi-tasker with the ability to manage multiple processes at once • Ability to clearly communicate and explain a decision to upper management and or a customer • Proficient PC user, including experience with Microsoft Office suite • Willingness to work flexible hours • A willingness to positively accept change • Strong people skills; ability to collaborate with employees at all levels of the organization • Uncompromising integrity • A proven ability to enthusiastically handle a changing work environment, multiple responsibilities and priorities Preferred Qualifications • Strong understanding of credit card or merchant processing • Previous financial services experience • Previous Small Business Banking experience • Associates or Bachelor’s degree Compensation and Benefits Swift Capital believes this is a critical position and is prepared to offer a compelling compensation package including competitive base salary and world class benefits to the final candidate. Location This position may be required to work out of two locations. Swift Capital is conveniently located north of Wilmington, Delaware close to I-95, and also located in Conshohocken, PA conveniently accessible from I-476. Swift Financial will not compensate for re-location expenses.

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