Underwriter (Intermediate)
- Toronto, ON, Canada
Base salary: $70,000 to $75,000 CAD · Full-time
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Job details
- Pay
- Base salary: $70,000 to $75,000 CAD
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Title: Underwriter (Intermediate), Alternative Finance / Merchant Cash Advance
Location: Toronto, ON [in-office / hybrid]
Description:
Bridgecap Financial Ontario Ltd funds small and mid-sized businesses across Canada. We are growing and need an underwriter who can own files from submission to pricing.
This is a mid-level role. You will not be learning what a bank statement is, and you will not be managing a team. You will underwrite and price deals every day, working directly with our COO.
What you will do
- Underwrite merchant cash advance and business funding files end to end
- Review bank statements, credit, cash flow, and existing positions
- Price and structure offers within our credit guidelines
- Spot fraud, stacking, and red flags before funding
- Communicate decisions and stipulations to ISO partners quickly and clearly
- Use AI tools and our CRM to speed up analysis and improve the process
What you bring
- 2 to5 years in underwriting, credit analysis, commercial lending, or a related finance role
- MCA or alternative lending experience is a strong plus
- Strong comfort with numbers, cash flow, and risk
- Fluent with technology. You pick up new systems fast.
- You already use AI tools in your work and want to do more with them
- Sound judgment and the confidence to make a call
Compensation
- Base salary: $70,000 to $75,000 CAD
- Bonus plan starting at month 6, tied to funding volume
- Total earnings can exceed $105,000 CAD
This posting is for an existing vacancy.
More about this job
Responsibilities
Underwrite and price merchant cash advance and business funding applications from submission through offer, reviewing bank statements, credit, cash flow, and existing financing positions. Identify fraud, stacking, and other risks; communicate decisions and stipulations to ISO partners; and use AI tools and the CRM to improve analysis and workflow.
Requirements
Requires 2 to 5 years of experience in underwriting, credit analysis, commercial lending, or a related finance role; experience in merchant cash advances or alternative lending is a strong plus. Candidates should be comfortable analyzing numbers, cash flow, and risk, learn technology quickly, use AI tools, and have the judgment and confidence to make decisions.
Skills
- Underwriting
- Credit Analysis
- Cash Flow Analysis
- Risk Assessment
- Deal Pricing
- Offer Structuring
- Fraud Detection
- Financial Statement Analysis
- Commercial Lending
- Alternative Lending
- Merchant Cash Advance
- Sound Judgment
- Technology Proficiency
- AI Tools
- CRM
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
Keywords
- Alternative Finance
- Merchant Cash Advance
- Business Funding
- Underwriting
- Credit Analysis
- Commercial Lending
- Bank Statements
- Credit
- Cash Flow
- Risk Assessment
- Deal Pricing
- Offer Structuring
- Credit Guidelines
- Fraud Detection
- Stacking
- ISO Partners
- AI Tools
- CRM
- Funding Volume