What are the responsibilities and job description for the Underwriter position at The LCF Group, Inc.?
The LCF Group (located in New Hyde Park) is a Merchant Cash Advance (MCA)/Revenue-Based Funding direct funder. We provide funding to small businesses by purchasing their future receivables which are then repaid via ACH debits or as a percentage of their credit card sales. We have been in business since 2011 and are growing rapidly. This is an exciting, fast-paced, high-pressure position in a highly competitive industry. We are looking for an ambitious Merchant Cash Advance (MCA) Underwriter!
This is a full time in-office position, located in New Hyde Park, NY. Hours are 9 AM-6 PM Monday through Friday.
Merchant Cash Advance (MCA) Underwriter Job Responsibilities include but are not limited to:
- Reviewing credit and background reports
- Reviewing court record searches
- Reviewing application and bank statements
- Reviewing businesses debt to income and ability to afford payments
- Pricing merchant cash advances
Merchant Cash Advance (MCA) Underwriter Requirements:
- Minimum 1 year experience underwriting merchant cash advances or similar commercial finance products
- Professional
- Detail oriented
- Must be comfortable working on a computer all day - we are a paperless office
- Must be able to work in a high pressure fast paced environment
- Must be a team player! With the ability to work independently
- College degree is a plus
- Salesforce experience is a plus, but not required
Location: New Hyde Park, NY 11042
The LCF Group Offers Competitive Benefits:
- Medical Insurance
- Health Savings Account (HSA)
- Flexible Spending Account (FSA)
- Dental Insurance
- Vision Insurance
- Life insurance
- AFLAC
- 401K percentage match and much more!
This is an in-office position, Monday-Friday 9 AM to 6 PM.
LCF is an Equal Opportunity Employer. LCF does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, disability, national origin, veteran status or any legally protected class. All employment decisions are based exclusively on qualifications, merit, and business need.
Job Type: Full-time
Pay: $52,000.00 - $100,000.00 per year
Benefits:
- 401(k)
- 401(k) 4% Match
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Physical setting:
- Office
Schedule:
- Monday to Friday
Experience:
- Underwriting: 2 years (Preferred)
- Merchant Cash Advance: 1 year (Preferred)
Ability to Commute:
- New Hyde Park, NY 11042 (Required)
Work Location: In person
Salary : $52,000 - $100,000