Credit Analyst (Due Diligence Analyst)

• Conduct detailed reviews to evaluate merchants for the cash advance product line in accordance with company guidelines.
• Analyze financial data, including credit reports, business financial statements, bank statements, and credit card statements to inform underwriting decisions.
• Assess risk profiles and determine creditworthiness while calculating appropriate approval amounts for each case.
• Authorize funding approvals within assigned policy limits or provide recommendations for policy exceptions when necessary.
• Review contract packages to verify accuracy, ensure completeness, and confirm legal compliance.
• Collaborate with sales teams and cross-functional internal departments to align risk assessments with business objectives.
• Maintain thorough documentation of due diligence findings and underwriting decisions for compliance and future reference.

• Strong analytical and problem-solving skills with ability to think outside the box
• Self-motivated and strong work ethic with the ability to proactively solve problems and make independent decisions
• Proficiency using database and spreadsheet applications while completing data entry accurately and efficiently (Intermediate MS Excel skills required)
• Salesforce experience a plus
• Excellent communication skills, both written and verbal, required to articulate recommendations to various levels of management and negotiate terms with field sales when needed.
• High School Diploma or Equivalency
• At least 2-3 years of directly related job experience
• College Degree in Finance, Economics, Business, or related field preferred
• Experience in merchant cash advance or loan underwriting preferred

• This is a full-time, nonexempt position; the base compensation for this opening is expected to be $28-$36 per hour ($58,240-$74,880 annualized), based on candidate experience, skills, and other factors
• Competitive Paid Time Off and company holidays
• Generous dining reimbursement when you dine with our restaurant clients 
• 401(k) plan with a company match
• Two medical plan options- Standard PPO or High Deductible Health Plan (HSA with company match for HDHP participants)
• Partnership with Rx n Go, offering certain prescriptions for free
• Two dental plan options and a vision plan
• Flexible Spending Accounts and a pre-tax commuter benefit program
• Accident, Critical Illness, and Hospital Indemnity Insurance Plans
• Short Term and Long Term disability 
• Company-paid life insurance and AD&D insurance, supplemental employee, spouse, and child life insurance 
• Employee Life Assistance Program
• Hybrid working space in our state of the art office downtown located by the Metra and Ogilvie train stations
• Catered lunches provided on Tuesday's in our Chicago office

Expected Pay Range

$60,000 - $75,000 USD