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Lendbuzz
Lendbuzz

Credit Underwriter - Floorplan Financing

Full-Time
Remote
$55,000 – $65,000 per year

TLDR

Play a crucial role in ensuring credit decisions align with risk management policies while fostering strong relationships with the sales team and dealer network.

At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking. Key Responsibilities:

  • Review incoming applications and ensure completeness of all required documents and information

  • Analyze bank statements, credit files, and supporting documentation to assess credit risk

  • Manage pending applications by following up on missing items and helping move deals through the process

  • Support credit decisions by preparing files, summarizing key details, and applying company guidelines

  • Communicate approvals and outline next steps, including any required stipulations

  • Partner with internal teams and sales representatives to provide updates and address questions

  • Maintain organized, accurate deal files throughout the underwriting process

  • Assist with additional operational tasks as needed, including contract preparation, UCC filings, and administrative support




    • Requirements:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

  • 3+ years of experience in credit underwriting, preferably within the automotive or floorplan financing industry.

  • Proficiency in reading and interpreting credit reports (e.g., Experian) and financial statements.

  • Strong understanding of UCC filings, PMSIs, and other secured lending practices.

  • Knowledge of the automotive industry and dealership operations is a plus.

  • Experience with DecisionLogic or similar bank verification tools preferred.

    • Key Skills & Traits:

     

  • Attention to Detail: Ability to identify discrepancies and inconsistencies in financial documents and credit reports

  • Analytical Skills: Strong ability to evaluate risk, assess creditworthiness, and make informed decisions

  • Communication Skills: Capable of conveying credit decisions clearly to sales teams and dealers

  • Relationship Building: Skilled in fostering positive relationships with internal and external stakeholders

  • Problem-Solving: Creative thinker who can navigate complex credit situations while balancing risk and opportunity

  • Technical Proficiency: Advanced skills in Excel, CRM systems, and credit analysis tools

  • Adaptability: Comfortable working in a fast-paced environment with changing priorities

    • We believe:
     
    Diversity is a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.
     
    Compassion is a strength. We care about our customers and look to build long-term relationships with them.
     
    Simplicity is a key feature. We work hard to make our forms and processes as painless and intuitive as possible.
     
    Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.
     
    Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.
     
    If you believe these things too then we would love to hear from you!
     
     

    Background Checks

    After an offer is accepted, Lendbuzz conducts a pre-employment background check. Any evaluation of the background check will be subject to an individualized assessment, taking into account the applicant’s or employee’s specific record and the responsibilities and requirements of the particular role.
     
     
    A Note on Recruiting Outreach

    We’ve been made aware of individuals falsely claiming to represent Lendbuzz using lookalike email addresses (eg @lendbuzzcareers.com). Please note that all legitimate emails from our team come from @lendbuzz.com. We will never ask for sensitive information or conduct interviews via messaging apps.

     
     
    Lendbuzz
    Lendbuzz

    Lendbuzz is a fintech company that focuses on transforming the automotive lending landscape by providing underserved borrowers with personalized and equitable access to credit. Our innovative technologies aim to empower both borrowers and automotive dealers, fostering a culture of diversity and success in the industry.

    Founded
    Founded 2015
    Employees
    11-50 employees
    Industry
    Internet Software & Services
    Total raised
    $180M raised
    View company profile
    Underwriter
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