[Hiring] Commercial Credit Underwriter @B Generous

Role Description

We are seeking a highly analytical and detail-oriented Credit Underwriter – Nonprofit Lending to evaluate nonprofit borrowers, assess repayment capacity, identify risk factors, and support financing recommendations across multiple lending partners. This role is ideal for someone with strong financial analysis skills who understands that nonprofit underwriting differs from traditional commercial lending and can evaluate both financial resilience and operational sustainability. The successful candidate will work closely with leadership, lenders, and borrowers to support transaction structuring and credit decision-making.

Key Responsibilities

• Credit Analysis & Underwriting
  • Analyze borrower financial information, including:
    • Audited financial statements
    • IRS Form 990 filings
    • Internal management reports
    • Budgets and financial forecasts
  • Assess key credit indicators including:
    • Liquidity
    • Unrestricted net assets
    • Operating performance
    • Debt service capacity
    • Revenue concentration
    • Donor dependency
    • Grant timing exposure
    • Net Income trends
  • Calculate and interpret:
    • Debt service coverage ratios
    • Days cash on hand
    • Working capital trends
    • Leverage ratios
    • Operating reserves
• Transaction Support
  • Evaluate financing requests for:
    • Working Capital Term loans
    • Bridge loans
    • Lines of credit
    • Receivables-backed facilities
    • Revenue-based financing products
  • Structuring Term Sheets which include:
    • Loan amount
    • Term
    • Pricing
    • Repayment structure
    • Collateral requirements
    • Covenant considerations
• Credit Memo Preparation
  • Prepare concise underwriting summaries and credit memoranda for:
    • Internal review
    • Lender presentation
    • Credit discussions

Qualifications

• 4+ years of relevant experience in:
  • Commercial lending
  • Credit analysis
  • SBA underwriting
  • Nonprofit lending
  • Specialty finance
  • CDFI underwriting
• Strong financial statement analysis skills
• Ability to interpret nonprofit financials and Form 990 filings
• Strong Excel or Google Sheets capability
• Clear written and verbal communication
• Ability to manage multiple active opportunities simultaneously
• Comfortable working independently in a remote environment
• Ability to use Docusign, Salesforce, standard LOS systems (lending origination systems)

Preferred Qualifications

• Experience working with nonprofits, social enterprises, or mission-driven borrowers
• Familiarity with nonprofit accounting and revenue structures
• Exposure to lending platforms, fintech, or private credit environments

Personal Attributes

• Clear and reasoned judgment when presenting a credit decision, which must be defensible
• Strong attention to detail
• Proactive and ambitious
• Analytical mindset
• Clear and decisive communicator – communicate often and openly
• Able to prioritize and manage multiple concurrent transactions in a fast-paced environment

Compensation & Benefits

• Base salary: $70,000 – $85,000 depending on experience
• Performance-based annual discretionary bonus
• Equity participation in a rapidly growing VC-backed fintech company
• Fully remote work environment
• Flexible working hours
• Unlimited PTO (subject to company policies)
• Health, dental, and vision insurance
• Company philanthropic match up to $1,000 annually
• Growth opportunities within a rapidly expanding fintech company

Equal Opportunity Statement

B Generous is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees. At this time, B Generous can only hire individuals authorized to work in the United States. We are unable to sponsor visas.