Credit Underwriting Analyst

OverviewJoin to apply for the Credit Underwriting Analyst role at Mercury.The word ‘credit’ is derived from the Latin verb meaning, “one believes”. Underwriting is not merely a science of risk scoring and algorithms, but also an art of unearthing hidden variables, and of subtle pattern recognition; bridging the gap between real and perceived risk. Mercury serves ambitious startups with banking services designed for growth, and they are in need of believers.As a Credit Underwriter, you will be joining a team of lending experts with experience spanning unsecured cards to secured commercial credit. You will help shape our Working Capital loan product designed for eCommerce companies, with a vision to extend to all small businesses. You will work directly with prospective borrowers to assess creditworthiness and structure creative lending solutions to support their growth. You will also partner with sales and product teams to innovate the go-to-market process, underwriting, and portfolio management needs of the rapidly scaling loan program.Mercury is a financial technology company, not a bank. Banking services are provided through Choice Financial Group and Evolve Bank & Trust, Members FDIC.ResponsibilitiesAnalyze quantitative and qualitative data to summarize the strengths and risks presented in the applicationLead diligence calls with new customers, when necessary, and help build strong relationships with existing customersStructure, price, and propose loan terms that balance the borrower’s capacity to repay and Mercury’s risk postureMonitor the ongoing repayment risk of existing loans, restructure delinquencies, collect on past due accountsPartner in refinement of credit policy, processes and proceduresWork cross-functionally with Sales, Product, Engineering, Data Science and Design teams to improve the customer experienceQualificationsHave 2+ years of experience with financial analysis and interpreting financial performance or assessing risk exposureHave an understanding and excitement for the opportunity to work directly with founders and executives from early-stage startups and e-commerce companiesHave an ability and desire to dig into numbers and derive meaningful insights and actionHave an eye for detail and an analytical mindsetBachelor’s degree in accounting, finance, or a related field is a plus!CompensationThe total rewards package at Mercury includes base salary, equity (stock options), and benefits. Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using compensation survey data. New hire offers are based on experience, location, and internal pay equity relative to peers.Salary rangesUS employees located in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $119,400 - $134,300US employees located outside of New York City, Los Angeles, Seattle or the San Francisco Bay Area: $107,500 - $120,900Canadian employees (any location): CAD 112,800 - 126,900Equal Employment OpportunityMercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role.Seniority levelEntry levelEmployment typeFull-timeJob functionFinance and SalesReferrals increase your chances of interviewing at Mercury by 2x.Get notified about new Underwriting Analyst jobs in San Francisco, CA. #J-18808-Ljbffr

Created: 2025-09-21