We are a hybrid, remote-office company dedicated to growing our talent anywhere!
We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Troy, MI, Franklin, TN, Dallas, TX
At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.
We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
About the Role:
Responsible for underwriting loans in a timely manner resulting in an acceptable level of credit risk and an appropriate risk return relationship. Facilitate the booking of new loans, ensuring that customers understand our requirements and their responsibilities; manage the underwriting process through closing and affect a “smooth” transition to the Account Executive.
What You Will Do:
- Underwrite the assigned spectrum of lending products, regardless of size or complexity, in a timely and efficient manner.
- Understand credit policies and minimum underwriting standards.
- Work closely with the various Business Development Officers in order to provide a “consultative/value-added” credit perspective, both prior to proposal issuance and always thereafter.
- Review and analyze new deal packages for content and completeness and conduct initial “interview” with prospect.
- Order and review due diligence and documentation.
- Review and analyze financial statement spreads and understand flows of cash.
- Review field examinations and understand collateral and financial trends indicated therein.
- Visit prospect location and meet management of the business prior to closing, for transactions over a predetermined amount.
- Gain thorough understanding of the Prospect’s business and the company’s asset conversion cycle.
- Review reporting requirements and processing with client.
- Analyze debtor information in conjunction with Debtor Credit Manager.
- Prepare the credit narrative for appropriate approval.
- Conduct and document the pre-funding confirmation process and oversee the efforts of the Client Analyst assigned to the transaction.
- Oversee closing documentation process and be able to effectively negotiate documents with prospect.
- Perform other ad-hoc functions, projects, etc. for other areas of the bank as required.
- Other duties as assigned.
What You Will Need:
- Typically, 3+ years’ experience with bachelor’s or equivalent.
- Secured lending experience, with demonstrated strong credit management skills preferred.
- Thorough knowledge of secured lending with skill set to underwrite large or small transactions for both factoring as well as Asset Based deals.
- Bachelor’s degree or equivalent experience from which comparable knowledge and job skills can be obtained.
- Customer Service
- Collaboration
- Business Acumen
- Communication
The responsibilities listed above are not all inclusive and may be changed at any time.
Salary range: $69,098.54 – $127,614.10
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.
Don’t have everything listed under qualifications? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single condition. At Pathward, we are dedicated to building a diverse and inclusive culture of belonging, so if you’re excited about this role but your experiences don’t match exactly to everything in the posting we encourage you to apply anyway. You may be just the right candidate for this or other Pathward roles.
Who we are:
Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
We are committed to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender (including pregnancy), sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, status as a covered veteran, or any other class protected by federal, state and local laws.
Please click here to learn more about our benefits and review information about our Privacy Policy, Affirmative Action Plan and other notices. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. For assistance completing an application, please contact a Pathward People & Culture Representative by emailing – [email protected]
Please click here to view Pathward's Applicant Privacy Notice.
Applications will be accepted for a minimum of 3 days after posting, and there is no predetermined date by which applications should be submitted.
