Commercial Underwriter

Company: BILL
Location: San Jose
Posted on: April 4, 2025

Job Description:

Innovate with purpose At BILL, we believe in empowering the businesses that drive our economy. By replacing outdated financial processes with innovative tools, we help businesses-from startups to established brands-make smarter decisions and gain control of their operations. And we don't stop there: we're creating the future of financial automation so businesses can spend more time on what matters. Working here means you become part of a vision-driven team that's ready to tackle challenges and build cutting-edge solutions. We value purpose, drive, and curiosity-and we thrive in a fast-paced, ever-changing environment. Whether in one of our offices in San Jose, CA, Draper, UT, or working remotely, BILLders collaborate to deliver real impact for businesses that need more time in their busy weeks. At BILL, we listen, learn, and lead-fostering collaboration and a drive for continuous growth. We're committed to building a diverse and inclusive workplace that values each person's unique skills and experiences. Even if you don't meet every requirement, we'd love to hear from you-you might be just what we're looking for, whether in this role or another. Let's give businesses more time for what matters. Make your impact within a rapidly growing Fintech Company The Underwriting team consists of analysts performing manual reviews of originations, increases, high-risk triggered accounts sourced by our data science team, and annual reviews of our highest credit exposures. Join our Underwriting team and play a pivotal role in executing strategic and operational initiatives. As a vital member of our team, you'll support our underwriting team in managing and growing our Spend & Expense (formally Divvy) portfolio. Your responsibilities will include assessing customer financials to provide a recommendation or approval of new or increased credit exposures. We're seeking a candidate with a strong background in underwriting of financial statements, a strong business acumen, and a customer-centric mindset. The ideal candidate will have the ability to thrive both independently and within a small yet dynamic team. Join us in a fun and fast paced environment in our underwriting efforts and achieving key financial objectives in our growing organization.

• Analyze and underwrite exposures based on financial statement analysis and other predictive models.
• Participate in the development and maintenance of credit strategies, processes, and procedures
• From time to time, participate in exploratory discussions with customers to understand the company's financial position to help facilitate credit decisions.
• Conduct periodic reviews to properly manage the company's risk profile.
• Communicate with senior risk management to arrive at credit decisions when necessary.
• Complete financial spreading when necessary.
• Learn/utilize programming languages to improve efficiency, manage losses, and uncover potential within the portfolio We'd love to chat if you have:
  • 2-3+ years experience underwriting at a financial institution as a commercial credit analyst or underwriter, or similar experience in dealing with commercial exposures ranging from small business or middle-market to large, multinational institutions (typical deal sizes ranging from $250,000 to $1 million)
  • Bachelor's degree in finance, accounting, economics, business, or statistics (graduate degree a plus)
  • Understanding of fundamental financial analysis
  • Comfort with GAAP accounting standards
  • Understanding of current macroeconomic trends and how to provide recommendations to improve the Probability of Default estimation based on the business cycle
  • Self-Starter: Ability to manage personal workload so this person must prioritize and execute on a plan to complete exposure reviews to meet turnaround times. Our ranges for each role and job level are based on a variety of factors including candidate experience, expertise, and geographic location and may vary from the amounts listed below. The role is also eligible for a competitive benefits package that includes: medical, dental, vision, life and disability insurance, 401(k) retirement plan, flexible spending & health savings account, paid holidays, paid time off, and other company benefits. The estimated salary ranges noted below roles in the specific geographic zones Zone 1- San Francisco Bay Area CA (includes HQ), Boston, New York City, Seattle, Los Angeles city $79,000 - $94,600 USD Zone 2- CA (Non San Francisco Bay Area and Los Angeles City), Austin TX, Massachusetts (Non Boston) $71,100 - $85,200 USD Zone 3 -Utah (includes Utah office), Houston TX, Florida, North Carolina $67,200 - $80,400 USD What's in it for you? Redefining how businesses automate their work is a fast-paced, exciting, and fun environment. But we also have benefits and perks to ensure the magic isn't only experienced by our customers, but by our employees as well. Here is a preview of some of the amazing benefits here at BILL:
    
    
    • 100% paid employee health, dental, and vision plans (choose HMO, PPO, or HDHP)
    • HSA & FSA accounts
    • Life Insurance, Long & Short-term disability coverage
    • Employee Assistance Program (EAP)
    • 11+ Observed holidays and wellness days and flexible time off
    • Employee Stock Purchase Program with employee discounts
    • Wellness & Fitness initiatives
    • Employee recognition and referral programs
    • And much more Don't believe us? Check out our culture, benefits, and teams on our career site , LinkedIn Life , or YouTube pages. BILL is an Equal Opportunity Employer that values diversity and inclusion. We believe our best ideas come from the unique stories, perspectives, and experiences of our team members. We welcome people of all backgrounds, abilities, and identities to bring their authentic selves and contribute to our culture. We are committed to a transparent, inclusive hiring process that reflects our values. If you need accommodations at any stage, please contact . Our Applicant Privacy Notice describes how BILL treats the personal information it receives from applicants.

Keywords: BILL, San Jose , Commercial Underwriter, Other , San Jose, California