Underwriting Analyst

| Chicago
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How do you want to grow?

Think back to your last job. Did you trust your boss to have your back, to be looking out for you? Enova managers and leaders actively look to develop your skills, to give you more interesting projects, to help you get promoted. When we talk to our team members, they tell us that they really do believe in their managers and directors. Where else will you have monthly conversations about your career progress and how to get to your goal? We invest in our people so they can grow, whether it’s straight up the ladder or along their own unique path. This creates a culture where you can truly be seen. This is the core of Enova.

About the role:

Enova is currently searching for a bright, energetic, and creative Underwriting Analyst to join our team; problem-solvers, self-directors and action-oriented thinkers are required. You will be expected to hit the ground running learning the technologies, strategies, and analytical techniques that will enable you to contribute to the continued success of the company. You’ll be expected to maintain standard operating procedures, quality assurance checks, performance metrics, and training programs. The role will be focusing on supporting Enova’s small business financing product, Headway Capital (www.headwaycapital.com)

What you'll be doing:

  • Underwrite small business new loan applications and account reviews by combining your commercial lending experience and Enova’s sophisticated technology and analytics solutions.
  • Evaluate credit worthiness by preparing underwriting documentation and present approvals to the underwriting committee
  • Maintain key performance indicators to meet the effectiveness and quality of the team and processes
  • Ensure adherence to all applicable lending policies, procedures, and regulatory compliance
  • Comply with policies and procedures to ensure underwriting functions are performed in a timely, efficient, and professional manner

We get excited about you if you have:

  • Undergraduate degree in finance, business or related field.
  • 1-3 years in commercial loan underwriting and processing, preferably for a regional or community bank or a credit union.
  • Knowledge of ratio analysis, trend and cash flow analysis, ability to determine viability of borrower projections
  • Thorough understanding of commercial underwriting process to include documentation, risk management, and compliance.
  • Strong organizational, analytical, communication and interpersonal skills.
  • High energy, team player, creative thinker, and strategic influencer.
  • Demonstrated experience in working with broad cross-functional teams.
  • Experience with product launch or new initiatives highly preferred.

About the Underwriting team:

Be a key member of Enova’s new business initiatives, expanding our unique approach to using technology and analytics for online lending into the small business-financing sector. Our Underwriting team brings hands on commercial loan underwriting experience to Enova’s web based financial lending products. Their goals are simple and focused: Develop new and market leading approaches, maintain key performance indicators, and ensure adherence to all applicable lending policies, procedures, and regulatory compliance.

About Enova:
Enova is a FinTech company dedicated to using technology to help hard-working people get access to fast, trustworthy credit. To date, we’ve helped more than 5 million customers around the world. Born and raised in Chicago, our philosophy is simple, “Life’s short. Work someplace awesome.” Want to learn more? Just ask any of our almost 1,500 employees.

Our goal at Enova, we believe that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. It is our policy to provide equal employment opportunity for all persons and not discriminate in employment decisions by placing the most qualified person in each job, without regard to any other classification protected by federal, state, or local law. California Applicants: Click here to review our California Privacy Policy for Job Applicants.

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Technology we use

  • Engineering
  • Product
    • GolangLanguages
    • PythonLanguages
    • RLanguages
    • RubyLanguages
    • SqlLanguages
    • Ruby on RailsFrameworks
    • MongoDBDatabases
    • PostgreSQLDatabases
    • IllustratorDesign
    • PhotoshopDesign
    • JIRAManagement

Location

175 W Jackson - Located right in the loop and easily accessible from the suburbs or the city.
Enova uses collaboration (plus a #win tradition) to tackle challenges
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An Insider's view of Enova

How would you describe the company’s work-life balance?

Enova encourages employees to own their work-life balance journey by providing an environment that allows them to be successful. Leaders value the results you create, rather than the number of hours in front of your desk to get to those results. Bottom line, people respect that you have your own unique working style, which is yours to discover.

Jungmin

Cho

What are some social events your company does?

Enova’s social calendar has something for everyone. Events range from comedy shows to bowling for charity. We host & sponsors events, including the Chicago Women in Tech conference and weekly meetups. It’s easy to find people with similar interests; if there’s something missing from Enova’s social list, make it happen! People will definitely join.

Curtis

Hiller

What are Enova Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Intracompany committees
Open door policy
Pair programming
Open office floor plan
Diversity
Unconscious bias training
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Acme Co. provides employees with a flexible work schedule that includes Summer hours.
Family Medical Leave
Return-to-work program post parental leave
Company sponsored family events
Acme co. sponsors family oriented events Annually.
Vacation & Time Off Benefits
Paid Volunteer Time
Sabbatical
Eligible employees get 30 days of paid sabbatical after their first 4 years of working at the company.
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Happy Hours
Parking
We offer employees Paid on-site garage parking.
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Both company-wide and department-specific events.
Cross functional training encouraged
Promote from within
Mentorship program
Our mentorship program includes 1-to-1 program, Leadership mentoring.
Continuing Education stipend
Online course subscriptions available

Additional Perks + Benefits

Sabbatical program • Recognition programs • On-site discounted manicures, haircuts and massages • After-hours food delivery and commuting reimbursement • Monthly social events • Discounted gym memberships • Intramural sports • Pet insurance

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