Merchant Cash Advance Underwriter

About Rewards Network Celebrating 41 years in business this year, Rewards Network has helped restaurants increase their revenue, traffic, and customer engagement through our innovative financial, marketing services, and premier dining rewards programs. We connect diners to fantastic restaurant experiences by offering unique card-linked offers.  Our offers leverage advanced technology and powerful data analytics, providing value to our restaurants, diners, and strategic partners' loyalty programs.    Our Culture   At Rewards Network, you will find a passionate and diverse group of professionals that enjoy working collaboratively, solving problems, and taking ownership of not only their own careers and success, but the success and continued growth of the organization. We take pride in partnering with the world's most powerful loyalty programs to bring full price paying customers and better ways to access working capital options to local restaurants. We offer a challenging and rewarding environment where you can maximize your potential.    Job Overview As a member of the Due Diligence team, the Merchant Cash Advance Underwriter "internally referred to as an Due Diligence Analyst" is responsible for the risk assessment and underwriting of Rewards Network’s financial services products. This role performs detailed due diligence reviews, leveraging expertise in analyzing financial data and assessing creditworthiness to make informed underwriting decisions. By collaborating closely with nationwide sales teams and other cross-functional departments, the position ensures financial products meet company guidelines, align with risk parameters, and support the organization’s strategic objectives.   This is a hybrid position and requires in office presence Tuesday-Thursday at our office in Chicago.     What you’ll bring to the table: (Responsibilities)  

• Conduct detailed reviews to evaluate merchants for the cash advance product line in accordance with company guidelines.
• Analyze financial data, including credit reports, business financial statements, bank statements, and credit card statements to inform underwriting decisions.
• Assess risk profiles and determine creditworthiness while calculating appropriate approval amounts for each case.
• Authorize funding approvals within assigned policy limits or provide recommendations for policy exceptions when necessary.
• Review contract packages to verify accuracy, ensure completeness, and confirm legal compliance.
• Collaborate with sales teams and cross-functional internal departments to align risk assessments with business objectives.
• Maintain thorough documentation of due diligence findings and underwriting decisions for compliance and future reference.