Senior Credit Underwriting Analyst

About the Role

The Senior Credit Underwriting Analyst will be part of a team that values expertise, creativity, and customer focus. With a strong foundation in credit analysis and risk management, this professional will contribute to the development of Mercury's lending products and services. The role entails a deep understanding of the fintech landscape, the ability to work cross-functionally, and a passion for delivering exceptional customer experiences.

Mercury is committed to fostering a culture of inclusivity, diversity, and continuous learning. As a Senior Credit Underwriting Analyst, you will have the opportunity to work with a talented team of professionals who share a passion for fintech and customer-centric lending solutions.

What You Will Do

• Underwrite loan applications independently, analyzing quantitative and qualitative data to structure, price, and propose loan terms that balance repayment capacity and Mercury's risk posture.
• Lead diligence calls with prospective borrowers, co-pilot active negotiations with AEs, and provide real-time eligibility and structuring guidance.
• Support ongoing covenant monitoring, delinquency tracking, and portfolio review processes, contributing to monthly portfolio reviews with early warning signal identification.
• Collaborate with the sales team to innovate the go-to-market process, underwriting, and portfolio management needs of the rapidly scaling loan program.
• Partner with Product, Engineering, and Data Science to improve the underwriting process, customer experience, and credit infrastructure.
• Support the drafting and refinement of underwriting guidelines, risk rating frameworks, and policy documentation.
• Work closely with the customer-facing team to provide exceptional customer service and support.
• Contribute to the development of Mercury's lending products and services, ensuring they meet the evolving needs of small businesses and startups.
• Stay up-to-date with industry trends, regulatory changes, and emerging technologies that may impact Mercury's lending solutions.

What We Are Looking For

• 5+ years of credit or underwriting experience in Fintech, SMB, or commercial lending, with meaningful customer-facing experience.
• Strong credit fundamentals: financial statement analysis, risk rating, cash flow assessment, and identification of structural mitigants across diverse business models.
• Direct deal experience: has been in the room with customers during negotiations, underwriting calls, and structuring conversations.
• Builder mindset: comfortable operating in a high-growth environment where process, tooling, and infrastructure are still being defined.
• Cross-functional fluency: experience working alongside Sales, Legal, Product, and Engineering, with the ability to translate credit requirements into language that lands across teams.
• Exposure to regulated lending or institutional credit frameworks is a plus.
• Familiarity with credit file standards, lending policy documentation, and examination-ready governance practices is helpful.

Nice to Have

• Experience with fintech lending platforms and technologies.
• Knowledge of machine learning and data analytics in credit underwriting.
• Certification in credit analysis or risk management.

Benefits and Perks

• Competitive base salary and equity package.
• Opportunities for professional growth and development in a rapidly scaling company.
• Collaborative and dynamic work environment with a team of talented professionals.
• Flexible working hours and remote work options.
• Comprehensive benefits package, including health insurance, retirement savings, and paid time off.
• Access to cutting-edge technologies and tools to support your work.
• Recognition and reward for outstanding performance and contributions to the company's growth.

• Develop a strong understanding of fintech lending regulations and industry trends to stand out in your application.
• Showcase your ability to work cross-functionally and communicate complex credit concepts to non-technical stakeholders.
• Highlight your experience with data analytics and machine learning in credit underwriting to demonstrate your value in a rapidly evolving field.
• Prepare examples of your direct deal experience and customer-facing interactions to demonstrate your negotiation and problem-solving skills.
• Be ready to discuss your approach to risk management and credit analysis, and how you stay up-to-date with industry developments.
• Consider obtaining certifications in credit analysis or risk management to enhance your credentials and demonstrate your commitment to the field.
• When negotiating salary, be prepared to discuss your expectations and how they align with industry standards and the company's compensation package.