Underwriting Manager

BlueVine is on a mission to empower small businesses with innovative banking designed for them. Small businesses deserve accessible and modern financial services, and traditional banks have underserved them for too long.

By combining industry-leading technology and security with our team's expertise and care, we help small businesses spend their time on what matters most—the next chapter of their business.

Since 2013, we've provided small and medium-sized businesses with access to more than $5.4 billion in financing. As a top small business banking provider trusted by thousands of small business owners, we're proud to offer a full suite of tailored banking services, including a business checking account, line of credit, and invoice factoring.

Headquartered in Redwood City, CA, and with offices in Salt Lake City, Jersey City, Tel Aviv, and Karmiel, we're hiring problem solvers and collaborators to help build a better financial future for small business owners.

ABOUT THE ROLE

This position is responsible for overall commercial underwriting management and supervision of the commercial underwriting staff. We are seeking a self-motivated Manager with a unique experience combining a strong aptitude in Underwriting and Financial Data Analysis. You should be a self-starter that can operate with limited supervision. who will review, underwrite, structure and document credit decisions. The successful candidate will have expertise in  identifying, gathering, and analyzing relevant information to assess credit risk, determine sources of repayment, create appropriate loan structures, approve/decline credit requests, and ensure compliance with applicable regulations, credit policy, and the company’s credit philosophy in an effort to mitigate loss, delinquency and overall risk.You will be responsible for data-driven strategic initiatives  as well as mentoring and coaching underwriters in accordance with established underwriting policies. You will manage your team’s KPI while training and coaching junior team members. The person in this position will play an important role in looking for efficiencies in processes and work-flow development/improvement for new and existing products and services while documenting departmental procedures.

This is not a fully remote role. At BlueVine, we pride ourselves on our collaborative culture, which we believe is best maintained through in-person interactions and a vibrant office environment.  All of our offices will reopen in accordance with local guidelines, and will follow a hybrid model.

WHAT YOU'LL DO

• Leading and managing the daily operations of the underwriting team
• Developing and refining underwriting processes and procedures
• Determine credit worthiness, approval and escalation amounts
• Analyze application data including financial statements, bank statements, tax returns, credit card statements, business and personal credit reports 
• Lead Projects and delegate tasks based on junior staff members experience levels
• Identify opportunities to enhance the Underwriting  team’s efficiency and develop strategies to implement them.
• Assist in the development and implementation of the department’s short- and long-term goals and objectives.
• Collaborate with stakeholders cross-functionally to prepare reports, presentations etc.
• Conduct ad-hoc reporting and other projects as assigned.
• Maintain expert knowledge of compliance requirements, internal systems and all loan products that the company offers.

WHAT WE LOOK FOR

• Bachelor’s degree in Finance, Economics, or other relevant field
• 6 years of  commercial lending, credit or underwriting experience- Prior experience managing a team required.
• Solid credit fundamentals in a commercial environment- Formal Credit Training a plus.
• Strong Judgment and analytical skills- be able to make quick decisions
• Strong Interpersonal skills- Capable of building relationships with others to gain buy-in and influence
• Strong project management skills-  Ability to optimize  and improve processes while overseeing all departmental projects, ensuring projects meet deadlines.

Benefits & Perks:

• Over $1,000 annually for a wellness benefit of your choice
• Monthly WFH stipend 
• PTO, Company Holiday, and Flexible Holidays
• Excellent health coverage and life insurance benefits
• Generous, paid parental leave covering up to 16 weeks
• 401K with an immediate 3% company match
• Access to financial coaches and education sessions
• Company-sponsored Mental Health Benefits, including 1:1 therapy
• Community-based volunteering opportunities
• Free commuter benefits - Caltrain passes for San Francisco employees and a monthly parking allowance 
• Weekly catered lunches and fully stocked kitchen pantries
• Quarterly DoorDash credit
• Dog-friendly HQ

Read what candidates and employees have to say about us. Check out our Glassdoor Page.