Commercial Underwriter

Do the best work of your career as a champion for small and mid-size businesses.

BILL is a leader in financial automation software for small and midsize businesses (SMBs). As a champion of SMBs, we are dedicated to automating the future of finance so businesses can thrive. Hundreds of thousands of businesses trust BILL solutions to manage financial workflows, including payables, receivables, and spend and expense management. With BILL, businesses are connected to a network of millions of members, so they can pay or get paid faster. Through our automated solutions, we help SMBs simplify and control their finances, so they can confidently manage their businesses, and succeed on their terms. 

BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. We have operations in San Jose, CA, Draper, UT, Houston, TX and are continuing to expand into other geographic locations. If you’re looking for a place that helps you do the best work of your career, look no further than BILL.

Make your impact within a rapidly growing Fintech Company

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 faced paced environment in our underwriting efforts and achieving key financial objectives in our growing organization.

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.  

• 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
• Bachelor's degree in finance, accounting, economics, business, or statistics (graduate degree a plus)
• 1+ years experience 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 $250k-$1 million+)
• 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

#evergreen

The estimated base salary range for this role is noted below for our office location in Draper, UT. Additionally, this role is eligible to participate in BILL’s bonus and equity plan. 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 above. 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.

Draper UT pay range$67,200—$80,400 USD

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)