Simplify Logo

Full-Time

Commercial Underwriter

Confirmed live in the last 24 hours

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Fintech
Financial Services

Compensation Overview

$67.2k - $80.4kAnnually

+ Bonus + Equity Plan

Junior, Mid

Draper, UT, USA

Hybrid work environment with on-site and remote work days.

Category
Risk Management
Finance & Banking
Required Skills
Financial analysis
Requirements
  • 2-3+ years experience underwriting at a financial institution
  • Bachelor's degree in finance, accounting, economics, business, or statistics (graduate degree a plus)
  • 1+ years experience as a commercial credit analyst or underwriter, or similar experience in dealing with commercial exposures ranging from small business or middle-market to large, multinational institutions (typical deal sizes ranging from $250k-$1 million+)
  • Understanding of fundamental financial analysis
  • Comfort with GAAP accounting standards
  • Understanding of current macroeconomic trends and how to provide recommendations to improve the Probability of Default estimation based on the business cycle
  • Self-Starter: Ability to manage personal workload so this person must prioritize and execute on a plan to complete exposure reviews to meet turnaround times
Responsibilities
  • Analyze and underwrite exposures based on financial statement analysis and other predictive models.
  • Participate in the development and maintenance of credit strategies, processes, and procedures.
  • From time to time, participate in exploratory discussions with customers to understand the company's financial position to help facilitate credit decisions.
  • Conduct periodic reviews to properly manage the company’s risk profile.
  • Communicate with senior risk management to arrive at credit decisions when necessary.
  • Complete financial spreading when necessary.
  • Learn / utilize programming languages to improve efficiency, manage losses, and uncover potential within the portfolio.

Bill.com provides a platform for businesses to manage their financial operations, including bill creation and payment, invoicing, expense management, and budget control. The platform automates tasks related to accounts payable and receivable, making financial processes more efficient and transparent. Unlike many competitors, Bill.com also offers access to credit lines, ranging from $500 to $5 million, along with its software services. The goal of Bill.com is to streamline financial management for small to medium-sized businesses and accounting firms, helping them gain better control and visibility over their finances.

Company Stage

IPO

Total Funding

$2B

Headquarters

Palo Alto, California

Founded

2006

Growth & Insights
Headcount

6 month growth

3%

1 year growth

-1%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bill.com's recent partnership with Regions Bank to power their digital payments solution highlights the company's growing influence and potential for further strategic collaborations.
  • The platform's ability to attract 10,000 new SMBs in the past year demonstrates strong market demand and growth potential.
  • Despite recent stock performance, Bill.com has shown consistent revenue growth, indicating a resilient business model and promising long-term prospects.

What critics are saying

  • The competitive fintech landscape, with players like Stripe and Plaid, poses a constant threat to Bill.com's market share.
  • The company's stock has seen significant declines, which could impact investor confidence and employee morale.

What makes Bill.com unique

  • Bill.com offers a comprehensive financial operations platform that integrates accounts payable, accounts receivable, expense management, and credit access, unlike competitors who may focus on only one or two of these areas.
  • The company's partnership with Cross River Bank to provide credit lines and corporate cards adds a unique value proposition that is not commonly found in other financial technology platforms.
  • Bill.com's automation capabilities for financial tasks provide significant efficiency gains, setting it apart from traditional manual processes and less automated competitors.

Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off