Forward Financing

Underwriting Analyst

Dominican Republic

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, FintechIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-Time
  • Salary: Not specified
  • Company: Forward Financing
  • Mission: To unlock the capital that fuels small businesses across America.

Forward Financing is a Boston-based financial technology company with an operational hub in the Dominican Republic. Recognized as a Best Place to Work by Built In Boston and certified as a Great Place To Work®, Forward is investing in its employees, technology, and customer experience.

The Underwriting Analyst will evaluate business data to assess financing eligibility and determine risk-adjusted pricing decisions.

Responsibilities

  • Analyze and interpret small business data related to financing applications.
  • Determine the appropriate amount of capital that the business can afford.
  • Gauge risk profile while understanding customers’ business needs, opportunities, and challenges.
  • Advise internal sales reps to offer appealing small business financing options.
  • Work with other members of the Underwriting department on initiatives to improve processes.

Requirements

  • Bachelor’s degree.
  • Ability to pick up on patterns in data and make good decisions based on these patterns.
  • Analytical and self-motivated professional with a track record of exercising good judgment when making business decisions.
  • Proficient in reviewing data and making decisions in situations that contain some level of ambiguity.

Company Information

  • Company: Forward Financing
  • Location: Boston, Massachusetts (with operational hub in Santiago, Dominican Republic)
  • Founded: 2012
  • Funding: Over $3.5 billion in funding to more than 71,000 small businesses.
  • Ratings: A+ rated by the Better Business Bureau with an Excellent / 4.7 stars rating on Trustpilot.com.
  • Mission: To provide revenue-based financing to small businesses.
  • Technology: Utilizes advanced proprietary technology for streamlined approvals and same-day funding.

Core Values

  • Drive the Mission: Believe in financial opportunity for underserved small businesses.
  • Keep It Real: Value direct communication, candid feedback, and authenticity.
  • Act with Kindness: Create an environment where caring is cool and helping is the norm.
  • Shoot for Extraordinary: Inspired by innovative thinking and continuous improvement.

Perks & Benefits

  • Medical, dental, and vision benefits
  • Commuter benefits
  • Flexible time-off policy
  • Paid parental leave
  • 401k match (for US employees)
  • Wellness reimbursement
  • Volunteering days
  • Annual professional development budget
  • Charitable donation match

Skills

Data Analysis
Financial Analysis
Risk Assessment
Decision Making
Analytical Skills
Problem Solving

Forward Financing

Provides fast funding solutions for small businesses

About Forward Financing

Forward Financing offers fast and flexible funding solutions to small businesses in the United States, focusing on those who may not qualify for traditional bank loans. Their main product is a merchant cash advance, which provides a lump sum of cash in exchange for a percentage of future sales, allowing for quick funding often within 24 hours. Unlike traditional lenders, Forward Financing operates in the alternative lending space, providing a more accessible application process, though at higher fees due to the increased risk. The company's goal is to support small business growth by offering reliable funding while adhering to high ethical standards.

Boston, MassachusettsHeadquarters
2012Year Founded
$365MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Parental Leave
Wellness Program
Professional Development Budget
Flexible Work Hours
Remote Work Options

Risks

New fintech startups in Boston may challenge Forward Financing's market share.
CEO Jason Mullins' strategic shifts could disrupt operations or alienate clients.
Expansion of $450 million credit facility may increase financial risk if not managed well.

Differentiation

Forward Financing offers fast, flexible funding with approvals within minutes.
The company has provided over $1.9 billion to 45,000 small businesses since 2012.
Forward Financing is A+ rated by the Better Business Bureau and has a 4.9-star Trustpilot rating.

Upsides

Increased demand for alternative lending boosts Forward Financing's market potential.
AI and machine learning enhance Forward Financing's risk assessment and underwriting processes.
Digital-first financial services trend aligns with Forward Financing's online application model.

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