Senior Credit Underwriter

About World Business Lenders • At World Business Lenders (WBL), we provide flexible, short-term commercial loans backed by real estate to help small and medium-sized businesses across the United States — particularly those facing difficulties with traditional financing. We're a fast-moving, results-driven organization that takes security seriously as we continue to grow. • This is a Full-Time Independent Contractor role with working hours from 9:00 AM – 6:00 PM Eastern Standard Time, Monday through Friday. We request that all CVs be submitted in English. About the Role • The Senior Credit Underwriter is responsible for leading complex credit underwriting activities while serving as a trusted advisor to the Chief Lending Officer. This role provides expertise in Non-QM mortgage lending, evaluates complex borrower scenarios, structures credit solutions, and supports sound lending decisions that balance risk and business objectives. • In addition to underwriting, the role oversees underwriting teams, mentors junior underwriters, drives process improvements, and collaborates cross-functionally to improve credit quality, operational efficiency, and funded loan volume.. What You'll Be Doing (Key Responsibilities) • Act as the Chief Lending Officer's 'right hand' trusted advisor. • Perform early credit assessments ("shift-left") before processing is complete. • Rework denied loans into approvable structures where possible. • Recommend counteroffers that reduce risk while preserving profitability. • Identify compensating factors to strengthen borderline files. • Consult with Sales on structuring loans before submission. • Participate in daily pipeline review meetings. • Assist in developing underwriting guidelines and SOPs. • Analyze trends in denials and fallout to recommend policy or process changes. • Support automation efforts by documenting underwriting decision logic. • Serve as the subject matter expert for complex borrower scenarios. Requirements Education: • Bachelor's, Associate's, or equivalent degree. Experience: • 10+ years of progressive underwriting experience in non-QM mortgage lending. Must-Have Requirements Please ensure you meet all of the following before applying: • 10+ years of progressive underwriting experience in Non-QM residential mortgage lending. • Proven expertise in c redit analysis, risk assessment, and loan structuring , with the ability to evaluate complex borrower scenarios and develop viable lending solutions. • Strong knowledge of Non-QM loan products , including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs. • Experience interpreting credit policies, underwriting guidelines, and applicable mortgage regulations (e.g., ATR/QM, TRID, RESPA, TILA), with the ability to make sound, consistent credit decisions.. Remote Work Requirements • Stable, reliable internet connection. • Professional and dedicated remote working setup. Preferred Background / Industry Experience: • Non QM residential mortgage lending / MCA lending. Key Soft Skills: • Critical Thinking – Evaluates complex borrower scenarios, weighs risk objectively, and makes sound credit decisions based on facts rather than assumptions. • Analytical Mindset – Identifies trends, assesses layered risk, and connects multiple data points to determine overall creditworthiness. • Sound Judgment – Balances prudent risk management with business objectives, knowing when to approve, restructure, or decline a loan. • Problem Solving – Finds creative, policy-compliant solutions to structure challenging loans instead of defaulting to denial. • Attention to Detail – Thoroughly reviews financials, documentation, and loan files to identify inconsistencies, omissions, or potential risks. • Communication – Clearly explains underwriting decisions, credit rationale, and conditions to Sales, Processing, and leadership. • Collaboration – Partners effectively with Sales, Processing, Valuation, Legal, and Closing to move loans efficiently while maintaining credit quality. • Decision Making Under Pressure – Makes timely, confident decisions in a fast-paced environment without sacrificing accuracy or consistency. • Coaching & Mentorship – Develops junior underwriters by sharing expertise, reinforcing best practices, and promoting consistent credit decisions. • Integrity & Accountability – Demonstrates strong ethical standards, takes ownership of decisions, and consistently applies credit policy with fairness and discipline. Specific Technical Skills Needed: • Credit Analysis & Risk Assessment – Expertise in evaluating borrower creditworthiness, repayment capacity, collateral, and layered risk. • Non-QM Underwriting – Deep knowledge of Non-QM products, including DSCR, Bank Statement, Asset Depletion, Foreign National, ITIN, and other alternative documentation programs. • Income, Asset & Cash Flow Analysis – Ability to analyze tax returns, business financials, bank statements, P&Ls, CPA letters, and asset documentation. • Collateral & Valuation Review – Experience reviewing appraisals, BPOs, AVMs/IVDs, title reports, LTV/CLTV calculations, and collateral risk. • Loan Structuring – Ability to restructure marginal loans, evaluate compensating factors, and develop counteroffers that meet credit policy while maximizing approvals. • Credit Policy & Guideline Interpretation – Strong understanding of internal credit policies, investor overlays, and regulatory requirements, with the ability to consistently apply judgment. • Regulatory Compliance – Working knowledge of ATR/QM, TRID, RESPA, TILA, Fair Lending, and applicable federal and state lending regulations. • Financial & Data Analysis – Advanced proficiency in Excel and the ability to analyze underwriting metrics, portfolio trends, and credit performance. • Exception & Portfolio Management – Experience evaluating policy exceptions, monitoring portfolio credit quality, and supporting quality control and audit reviews. • Loan Origination Systems (LOS) – Hands-on experience with Encompass, Byte, LendingPad, or similar LOS platforms, including underwriting workflow and condition management.. Benefits What We Offer 💰 $75,000-$100,000 annually. 🏖️ Paid Time Off (PTO). 🌍 Fully remote — work from wherever you do your best work! Ready to Apply? If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply! Originally posted on Himalayas