Logo for PowerPay

Underwriter | Sunday - Thursday Schedule

Role overview

Qualifications

  • Bachelor's degree in Business, Finance, Accounting or a related field
  • Strong analytical skills and attention to detail
  • Ability to multitask and work under pressure to meet strict deadlines
  • Solid understanding of the economics related to financing

Responsibilities

  • Review loan applications and documentation to check for completeness and adherence to credit policies
  • Analyze income and credit history to make application decisions
  • Obtain and review new loan documentation as needed
  • Ensure all underwriting conditions are satisfied

Key facts

Hard skills

Other skills

  • Analytical Skills
  • Detail Oriented
  • Communication
  • Social Skills
  • Multitasking
  • Time Management

About the company

PowerPay logo

PowerPay

  • 51–200
Founder, Mike Petrakis, built a fintech into a national success through a simple, core idea: turn expensive Home Improvement and Elective HealthCare purchases into low, affordable monthly payments. In 2018, PowerPay started with a few employees and now has over a few hundred team members working on multiple continents so the platform can operate 24/7. The Company has partnered with some of the largest national home remodelers and physician networks in the country. Each of our 12,000+ underwritten Service Providers uses the data-driven platform to quickly process credit at point-of-sale with transparent products that offer NO fee and NO high default interest rates, unlike other banks and fintechs that all charge large transaction fees that the providers just pass onto consumers. So, when the time comes to think about your next purchase, keep us in mind. PowerPay: simple payment into a brighter life.

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Job description

Company Description

PowerPay is a financial technology company (fintech) in several vertical markets including home improvement, healthcare, recreational vehicles and more. PowerPay is building a national network of partners that offer our financing solutions to their respective clients/customers/patients. PowerPay originates and services all loans. 

www.getpowerpay.com

EOE

Job Description

Great opportunity to join our growing company!

New opportunity to join our growing company and become part of the Underwriting team. PowerPay is in search of an experienced Underwriter to help support our expanding business. You will work closely with our customer operations and sales team to ensure we are delivering a positive experience. Our aspirations are high and with your expertise you can help take our business to the next level.

Responsibilities:

  • Review loan applications and documentation to check for completeness and adherence to credit policies
  • Analyze income and credit history to make application decisions
  • Obtain and review new loan documentation as needed
  • Ensure all underwriting conditions are satisfied
  • Communicate and coordinate information with applicants, clients and sales team
  • Manage pipeline of loans to ensure timely and smooth transaction flow
  • Ensure compliance with company policies and guidelines
  • Documenting and effectively communicating reasons for the approval/rejection of loans

Qualifications

  • Bachelor's degree in Business, Finance, Accounting or a related field
  • Strong analytical skills and attention to detail
  • Ability to multitask and work under pressure to meet strict deadlines
  • Solid understanding of the economics related to financing
  • Solid understanding of the risk elements related to financing
  • Ability to analyze and interpret financial data
  • Professional written, verbal and interpersonal skills

Additional Information

Benefits of working with PowerPay

  • Team-centric company culture
  • Growth Opportunities

All your information will be kept confidential according to EEO guidelines.

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