Underwriting Lead

Posted 5 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
175K-225K Annually
Senior level
Fintech • Software • Financial Services • Automation
The Role
Underwrite commercial accounts and exposure changes using financial, banking, transaction, bureau, ownership, and internal data. Prepare credit memos, make decisions within delegated authority, escalate exceptions, and manage application queues and turnaround metrics. Establish documentation, reason codes, approval conditions, calibration, and quality reviews. Partner cross-functionally to improve decisioning and audit trails, while training underwriters and creating durable procedures and standards.
Summary Generated by Built In
About Slash

Slash is building the future of business banking, one industry at a time. We believe businesses deserve financial infrastructure tailored to how they actually operate. That's why we're creating a new category of business banking. We combine the reliability of traditional banking (high yields, competitive rewards, and comprehensive security) with industry-specific features that make businesses more efficient, more competitive, and more profitable.

Started in 2021, Slash is one of the fastest growing fintechs in the world and we power over three billion dollars a year in business purchasing across numerous industries. We're backed by some of the best investors in the world including Menlo Ventures, NEA, Y Combinator, Stanford University, and the founders of Tinder and Plaid. Slash is headquartered in San Francisco, and has a strong in-person culture.

We’re growing fast and are looking for a sharp, detail-oriented Compliance Analyst to join our team!


About the Role

Slash is looking for an Underwriting Lead to make high-quality credit decisions, build a consistent underwriting operating rhythm, and help turn credit policy into a scalable customer experience. This is a hands-on role for someone who can underwrite complex businesses today and improve the system for tomorrow.


What You’ll Do

  • Underwrite new accounts and material exposure changes using financial statements, bank and transaction data, bureau information, business profile, ownership information, and relevant internal signals.

  • Prepare clear credit memos and recommendations; exercise delegated authority where granted and escalate exceptions or complex cases under the credit policy.

  • Own application queue health, document collection, decision turnaround, rework, and escalation. Establish operating metrics and investigate bottlenecks.

  • Drive consistent decision documentation, reason codes, approval conditions, and exception tracking; conduct regular calibration and quality reviews.

  • Partner with Product, Engineering, Data, Fraud, Legal/Compliance, Operations, and our program partners to build effective decisioning, evidence, and audit trails.

  • Train and coach future underwriting team members and create durable procedures, examples, and decision standards.

 

What We’re Looking For

  • 5+ years of commercial credit underwriting experience; experience with SMBs, commercial cards, working-capital products, or fintech lending is strongly preferred.

  • Demonstrated ability to analyze business financial statements, cash flow, liquidity, leverage, repayment capacity, bank activity, and bureau or alternative data.

  • Sound judgment in ambiguous cases and a track record of writing concise, defensible credit recommendations.

  • Experience operating within credit policy, delegated authority, exception governance, and regulated or bank-partner environments.

  • Operational discipline and strong cross-functional communication; you care about turnaround, auditability, and explaining credit tradeoffs clearly.


How Success Will Be Measured

  • Decision quality and performance by risk band, including exceptions.

  • Turnaround time, queue aging, application quality, rework, and documentation QA.

  • Adherence to policy, authorities, conditions, and escalation SLAs.

  • Reduction in decision variance and manual burden without weakening controls.

     

Why Join Slash:

  • Competitive base salary

  • Equity in a high-growth company

  • Best-in-class health, dental, and vision insurance

  • Unlimited PTO

  • Daily in-office meals

  • Transportation support

  • High-autonomy, low-bureaucracy environment

Skills Required

  • 5+ years of commercial credit underwriting experience
  • Experience with SMBs, commercial cards, working-capital products, or fintech lending
  • Ability to analyze business financial statements, cash flow, liquidity, leverage, repayment capacity, bank activity, and bureau or alternative data
  • Sound judgment in ambiguous cases
  • Track record of writing concise, defensible credit recommendations
  • Experience operating within credit policy, delegated authority, exception governance, and regulated or bank-partner environments
  • Operational discipline and strong cross-functional communication
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: San Francisco, California
44 Employees
Year Founded: 2021

What We Do

Backed by Y Combinator, NEA, Stanford University, Menlo Ventures, and the founders of Tinder and Plaid, Slash is the banking platform of choice for over 2,000 of America's most innovative businesses. Our all in one virtual card, banking, bill pay, and accounting automation platform helps entrepreneurs stay on top of their finances, allowing them to spend more time doing what they love. Slash powers over 3 billion dollars a year in purchases.

Similar Jobs

Gusto Logo Gusto

Senior L&D Specialist

Fintech • HR Tech
Easy Apply
Remote or Hybrid
3 Locations
4405 Employees
91K-136K Annually

Gusto Logo Gusto

Product Designer

Fintech • HR Tech
Easy Apply
Hybrid
3 Locations
4405 Employees
147K-222K Annually

Cox Enterprises Logo Cox Enterprises

HR Data Security Sr. Analyst (Workday)

Artificial Intelligence • Automotive • Greentech • Information Technology • Machine Learning • Software • Cybersecurity
Remote or Hybrid
United States
30000 Employees
81K-122K Annually

BAE Systems, Inc. Logo BAE Systems, Inc.

Program Director

Aerospace • Hardware • Information Technology • Security • Software • Cybersecurity • Defense
Hybrid
Endicott, NY, USA
40000 Employees
153K-261K Annually

Similar Companies Hiring

Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Revel.io Thumbnail
Aerospace • Hardware • Robotics • Software
US
50 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account