Full-Time
Lead Underwriter
Collections
Bluevine
501-1,000 employees
Financial solutions for small businesses
Compensation Overview
$78.5k - $94.2k/yr
Senior, Expert
Salt Lake City, UT, USA
Hybrid position; specific number of in-office days not mentioned.
- 8+ years of commercial underwriting experience, including 3+ years specializing in underwriting workout and hardship loans within a FinTech/bank/financial institution
- Experience in team and/or program management
- Small Business Lending experience required, solid credit fundamentals in a commercial environment. Formal credit training a plus
- Bachelor’s degree in Finance, Accounting, Economics or related field preferred or equivalent relevant experience
- Collaborative mindset and strong communication skills
- Detail-oriented with strong critical thinking skills
- Lead and optimize the underwriting litigation process for Bluevine
- Analyze and review delinquent files that could be good prospects for litigation
- Partner with external lawyers to follow the litigation process
- Review and approve/reject workout/hardship loans for existing clients, in accordance to the company’s policy and procedures
- Underwrite small business loan applications in accordance to the company’s policy and procedures and maximizing the process as necessary
- Interpret application data including financial statements, bank statements, tax returns, and business and personal credit reports
- Assess creditworthiness and structure loans within established guidelines and expectations
- Lead and manage operations analysts
- Formal credit training a plus
BlueVine provides banking solutions specifically designed for small and medium-sized businesses (SMBs) in the United States. Their main products include business loans, lines of credit, and invoice factoring, which help businesses manage cash flow and access working capital. Business loans can cover essential expenses, and their Paycheck Protection Program (PPP) loans are forgivable if used for certain costs, making them appealing during tough times. The line of credit allows businesses to borrow up to $250,000 as needed, offering flexibility without long-term commitments. Invoice factoring lets businesses sell their invoices to BlueVine for immediate cash flow. The application process is streamlined through an online platform, with approvals possible in as little as five minutes. BlueVine stands out from competitors with its transparent pricing and no hidden fees, aiming to be a reliable financial partner for SMBs.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$807.5M
Headquarters
Redwood City, California
Founded
2013
Simplify's Take
What believers are saying
- Bluevine's collaboration with Xero improves financial management for small business customers.
- The surge in small business confidence suggests increased demand for Bluevine's products.
- Bluevine's digital banking platform positions it well in the growing neobank market.
What critics are saying
- Recent layoffs may indicate financial instability or restructuring challenges at Bluevine.
- Increased competition from fintechs could impact Bluevine's market share.
- Departure of key personnel might suggest potential gaps in Bluevine's risk management team.
What makes Bluevine unique
- Bluevine offers tailored financial solutions specifically for small and medium-sized businesses.
- The company provides a seamless online platform for quick and flexible financial services.
- Bluevine's partnership with Stripe enhances invoicing and payment capabilities for small businesses.
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Benefits
Health, vision, & dental insurance
Competitive salary
401k
PTO & holidays
Parental leave
Life insurance
Commuter pass
Weekly catered lunches
Volunteering events
Happy hours
Company News
Bluevine, a Jersey City-based digital banking platform for U.S. small businesses, announced a partnership with Stripe, which provides payment processing infrastructure, to launch invoicing and payment links for small businesses.The company said these new features allow its customers to create and share professional invoices and payment links within minutes. Small businesses will be able to get paid faster and accept multiple payment methods while getting paid directly into their Bluevine accounts. The launch of this platform will help serve traditionally underserved business sectors.Bluevine’s invoicing and payments links allow small business owners to create professional invoices and secure payment links that can be sent by email, text, custom links, or social media for free, with owners only having to pay processing fees. Through the Stripe payment infrastructure, Bluevine customers can get paid by way of credit card, debit card, digital wallets, or ACH direct debit payments. The aim is to bring enterprise-grade speed, reliability, and security to invoicing, and provide the smallest businesses access to a sophisticated, seamless payment processing experience.The company believes these features will add more value for its diverse base of business customers including accounting and consulting firms, contractors and tradespeople, medical practices, and many more
Digital banking platform Bluevine today announced the launch of Invoicing and Payment Links.
Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to customers whose balances exceed the FDIC insurance limit. The new Galileo Deposit Sweep facilitates the data exchange and reporting framework for FinTechs that collaborate with a deposit sweep provider and participating banks, the company said in a Tuesday (April 8) press release. The product identifies customer accounts designated for deposit sweeping, automates funds transfers above a defined threshold, and ensures the transfer of excess funds into designated high-yield accounts, according to the release
Small business owners are entering 2025 with heightened confidence despite persistent economic uncertainty, according to Bluevine's 2024 End-of-Year Business Owner Success Survey (BOSS) Report.
Bluevine's 2024 End-Of-Year BOSS Report shows SMBs are staying ahead through strategic financial moves despite ongoing economic volatility. JERSEY CITY, N.J., Feb. 24, 2025 /PRNewswire/ -- Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today released its 2024 End-of-Year Business Owner Success Survey ("BOSS") Report™, offering a look at how small business owners (SBOs) are navigating uncertainty and positioning themselves for 2025. After surveying 1,200 SBOs, a clear picture emerged: While inflation and rising costs are still causing concern for SBOs, owners are looking to 2025 with more confidence than they have had in years. SMB owners are uniquely positioned to navigate economic uncertainty because they've been forced to do so over the past two years. The economy was running hot - until the Fed raised rates, inflation surged, and after two relentless years of unpredictability small business owners had no choice but to adapt. Unlike larger corporations, SMBs have had to adjust in real time - learning how to operate lean, stay agile and keep moving forward despite headwinds