The Underwriter II is a key participant in the underwriting process which includes the analysis of credit reports, bank statements, and various other business documentation.

What you’ll do:

• Responsible for analysis of personal credit reports, business bank statements, background checks, and other relevant business documents, data gathering and research
• Exposed to deal flow in a variety of industries including retail, leisure, restaurants, hospitality, healthcare, manufacturers, media, technology, and construction
• Act as a key participant in the underwriting process which includes the analysis of credit reports, bank statements, and various other business documentation
• Research, analyze and provide background information on counterparties
• Communicate with sales organizations, sales managers, and merchants in both written and verbal form
• Assist in the negotiation of transaction terms and credit structure
• Responsibilities are subject to change to best suit the needs and interests of the business

What we’re looking for:

• Diploma required, college degree preferred
• Excellent verbal, written, and interpersonal communication skills as well as a strong sense of accountability.
• Detail oriented with strong analytical skills.
• Ability to evaluate industry trends, understand market dynamics and develop and defend recommendations.
• Strong organizational skills and ability to multi-task.
• Ability and desire to work in a rapid-paced environment.
• Experience achieving metric and quality performance

Additional Required Skills:

• Working knowledge of Microsoft Suite
• Knowledge of financial principles and processes, experience with financial statement analysis
• Knowledge of federal, state and local regulatory requirements
• Effective at communicating clearly and adaptability
• Experience with administrative tasks
• Strong interpersonal skills and professionalism

Compensation:

• Competitive Base Salary Range of $55,800-$86,100. Kapitus is providing this as a good faith salary range to comply with applicable law. The applicant’s final salary will

About Kapitus: 

Kapitus is one of the most reliable and respected names in small business financing. As both a direct lender and a marketplace built with a trusted network of lending partners, we can provide small businesses with the financing they need when, and how it is needed.  We have spent our entire existence building a culture that makes us excited to come to work in the morning. Our company is fast paced, teammates need to be self-directed and have an internal motivation to do the right thing, even when the right thing takes a lot of hard work.  We show our teammates our appreciation by offering great benefits, competitive pay and solid opportunity for growth.  

Company Mission: 

At Kapitus, our mission is to help small business owners grow their organizations by providing tailored, transparent, and ethical financing solutions. We invest in every business owner’s story and we are dedicated to building lasting relationships to champion their goals. We promise to keep the best interests of our clients at the center of the financing process by operating with transparency, fairness, and integrity.

Consideration will be given to qualified remote candidates residing in states where Kapitus and/or one of its subsidiaries has an established physical presence. 

About the Job

As a Processor at Splitero, you will support homeowners who have applied for our Home Equity Investment (HEI), a modern alternative to traditional financing with no income requirements or monthly payments, by preparing files for underwriter review. In this fast-paced, performance-driven role, you’ll take ownership of your pipeline and consistently work to meet and exceed production targets. This position blends traditional processing with elements of underwriting and sales, requiring a proactive, detail-oriented, tech-savvy professional with title curative knowledge who can multitask effectively while delivering a stellar experience to the homeowners you help. Strong cross-functional partnerships and clear, consistent communication with homeowners, teammates, and third-party partners are critical to advancing files and ensuring a seamless experience from application through closing.

This is a hybrid role based in our San Diego office. Employees are required to work onsite Tuesday through Thursday each week, with the option to work remotely on Mondays and Fridays.

This role offers on-target earnings of $94,000+ per year, including a competitive hourly base plus uncapped monthly commissions tied directly to the number of homeowners you help close each month.

• Reviewing applications and supporting documentation to ensure completeness and accuracy
• Proactively communicating with homeowners, teammates, and third-party vendors to discuss file-related items, set expectations, and obtain missing or incomplete documentation
• Ordering and reviewing information from various third-party vendors, including title reports, valuations and credit reports
• Thoroughly processing and preparing files for underwriter review, ensuring each submission is clean, complete, and accurate. Then proactively driving UW-conditioned items forward through to closing in compliance with Splitero guidelines, policies, and procedures
• Working cross-functionally with team members to deliver a seamless homeowner experience from file submission through closing
• Managing and prioritizing a pipeline of homeowners in various stages of the approval and funding process
• Meeting or exceeding established production goals, Key Performance Metrics and standards

About You

• 3+ years of experience in loan processing 
• Familiarity with home equity investments is a plus.  We love candidates who are excited to learn the product 
• Experience using a robust CRM such as Salesforce, and working with mortgage and real estate third-party vendors including title, valuation, and credit
• Experience working in a service-oriented role with high-volume customer contact and strong verbal and written customer service skills 
• Communication skills that go beyond the basics, including active listening, the ability to convey complex information in a clear and straightforward way, understanding homeowner needs and responding appropriately, staying composed under pressure, and communicating with empathy
• Strong ability to independently problem solve, prioritize, and manage your workload to meet deadlines, escalating appropriately when needed
• A team-first mentality with a genuine enthusiasm for fast-paced environments.  You embrace change with resiliency and bring positivity and inclusivity to everything you do
• Based in or able to commute to our San Diego office.  We work together in person Tuesday through Thursday, and our team culture is a big part of what makes this role great!

About Us

Millions of homeowners in today’s economy are sitting on substantial home equity that they are unable to access due to rising interest rates and strict qualification requirements of traditional lenders. That means millions of homeowners can’t convert their hard-earned equity into cash to pay off debt, start a home renovation, or pad their retirement to better their lives.

Splitero co-founders Michael Gifford and David Zvaifler witnessed the problem firsthand throughout their real estate careers. They set out to create a win-win product that could help those homeowners access their home equity but not make monthly payments like traditional financing options. And thus, Splitero was born.

As part of our team, you will join our quest to revolutionize the real estate industry while helping families in need. We offer a suite of benefits designed to help you thrive in all areas of life.

• OneTeam Culture - We foster a culture of transparency, innovation, and inclusivity, where every voice is heard and every team member is valued. We believe in celebrating our successes, doing the right thing, and helping each other so we grow as a team and as individuals. 
• Generous Resources - We want to ensure you are set up to do your best work. In addition to a solid tech stack, and access to any WeWork location, you will receive a monthly cell and internet stipend.
• Premium Healthcare - We offer comprehensive healthcare plans for you and your family, which employees are eligible for on their first day.
• Flexible PTO and Parental Leave - We offer a generous PTO and encourage employees to take time off to recharge. We're proud to offer a parental leave policy that allows you to welcome your new addition without worry.

We are a workforce composed of individuals with diverse backgrounds, abilities, minds, and identities. In keeping with our commitment to inclusion, we will ensure that people with disabilities are provided reasonable accommodations. If reasonable accommodations are required when applying, interviewing, or performing the essential functions of this position, please contact People Operations, at peopleops@splitero.com.