Commercial Underwriter

Funding Circle San Francisco , CA 94118

Posted 11 months ago

We are seeking a smart, passionate and hard-working Commercial Underwriter to join our quickly expanding team. The ideal candidate will be both experienced and confident in making lending decisions to small businesses. You will join a highly motivated team and you will be afforded substantial responsibility and opportunity for growth from day one.

Bird's-eye view of the role:

  • Evaluating Loan Applications: Your main focus will be to analyze borrower's' creditworthiness and make lending decisions. Using our proprietary credit model and your own underwriting expertise, you will analyze financial statements, information provided in borrowers' loan applications, credit bureau information and other third party data to determine whether or not we should fund a particular loan.

  • Improving Underwriting Process and Policy: You will work closely with our Borrower Sales and Product Teams to improve the underwriting process. You will also work to optimize the application and funding experience for borrowers, while identifying areas in need of further control.

  • Credit Risk Model and Underwriting Policy Improvement: You will be active in providing feedback to the risk modeling teams and suggestions on how to strengthen our underwriting models and policies.

Our ideal teammate:

  • At least 2 years of experience in commercial loan underwriting, preferably in small business, SBA or middle market underwriting

  • Experience in making business lending decisions and interpreting financial information in the context of small business credit quality

  • Knowledge of financial statement components and understanding of key risk drivers

  • Strong communication skills and an ability and desire to act as the outward face of Funding Circle

  • Great analytical skills with commercial awareness and a practical approach

  • Ability to "think outside the box" and suggest changes to processes in order to improve efficiency and impact while having an appreciation for control and prudence

  • Ability to learn and teach others while working in a team environment, as well as independently

  • Ability to plan and organize workload to ensure consistent achievement of goals and targets

  • Enthusiasm for a fast-paced, team-oriented start-up environment

  • Identification with our mission: 'To Build a Better Financial World'

  • Alignment with our core values: Think Smart, Make It Happen, Be Open, Stand Together, Live the Adventure

Why join us?

Happy employees are productive employees, that's why we offer a hearty benefits package. From learning and development and commuter stipends, to a competitive salary, equity, and health benefits, we've got you covered! That being said, have you heard about what we're doing?! Our mission is what really motivates us to come to work each day:

  • We're supporting small business, the engine of economic growth.

  • We're helping facilitate higher yields for investors and lower interest rates for borrowers.

  • We can fund loans extremely quickly, all online!

  • We have a clear competitive advantage globally in areas like domain expertise and regulatory processes.

To learn more about our work environment, culture, and perks, visit:


Funding Circle provides equal employment opportunity to all individuals regardless of their race, age, creed, color, religion, national origin or ancestry, sex, gender, disability, veteran status, genetic information, sexual orientation, gender identity or expression, pregnancy, or any other characteristic protected by state, federal or local law.


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Commercial Underwriter

Funding Circle