Branch is on a mission to empower workers with financial freedom. We do this by helping companies accelerate payments and providing working Americans with accessible, free financial services. We’re committed to building and delivering more inclusive, transparent, and frictionless financial products.
Our goal of empowerment extends to our own employees, too. Have a great idea? Share it today and it might just get implemented tomorrow. As a member of our team, your voice and creativity matter—and they can directly impact our products, company, and culture. We not only focus on attracting great talent from across the country, but also on building teams that help that talent thrive. That means valuing a diversity of opinions and working styles, while creating a shared belief in innovation, initiative, and winning together. Come join our team as we develop new ways to improve the lives of working Americans.Our Compliance team is seeking to add a Senior Business Underwriting Associate.
This role is critical to maintaining Branch's high standards of compliance and risk management.
Key Responsibilities:
- Conduct comprehensive fraud analysis and risk assessments for SMB applicants, including reviewing internal and third-party data sources such as due diligence reports, bank statements, financial statements, and credit reports.
- Confirm business identity and evaluate financial risks associated with potential customers by using scorecards, decision trees and serviceability calculators
- Apply established underwriting policies and procedures to make consistent, data-driven decisions.
- Leverage statistical models and data analysis tools to fulfill KYB requirements, evaluate creditworthiness, and determine appropriate customer risk levels.
- Ensure compliance with KYB requirements and relevant regulations.
- Collaborate with internal teams to develop and implement risk mitigation strategies and frameworks.
- Maintain detailed records of findings and communicate results to relevant stakeholders.
- Support with vendor integrations.
- Assist in training and mentoring junior associates.
- Monitor existing customers to identify and address emerging risks.
- Track EWA losses and payback failures to mitigate financial risks.
- Assist teams in charge of collection efforts.
Required Skills and Qualifications:
- Proven experience in performing KYB and underwriting SMBs.
- Strong attention to detail with the ability to analyze complex financial data and identify fraudulent or suspicious activity.
- Experienced in using financial datasets and third-party data sources for analysis, including proficiency with spreadsheet tools for data manipulation
- Knowledge of KYB procedures and compliance requirements.
- Strong analytical and problem-solving skills.
- Effective communicator.
- Eager to learn and grow.
- Ability to work effectively and independently in a fast-paced and dynamic environment.
Compensation:
The base compensation range for this role is 85-95k. The salary range displayed reflects an average base salary range for the position across all the US. The base salary offered to an applicant could be higher or lower based on each applicants specific skill set, depth of experience, relevant education or training, etc. The base salary range listed excludes commission/ variable compensation/ bonus/ equity or benefits.
Benefits:
- Work from anywhere (domestic USA)
- Branch-paid medical, dental, and vision insurance
- Equity
- 401k
- Flexible time off
- Paid company holidays
- Paid parental leave (eligible after 6 months of employment)
Working at Branch
A remote-first company with employees located throughout the U.S., Branch emphasizes transparency, accountability, and trust to create a collaborative environment where our product, engineering, marketing, customer support, customer success, and sales teams can all thrive together.Our collaborative spirit has helped us become an award-winning fintech company, with Branch’s innovation and workplace recognized across industries. Branch has been honored by Inc., the Webby Awards, Benzinga Fintech Awards, Fintech Breakthrough Awards, Top Workplaces USA, Great Places to Work, and EY Entrepreneur of the Year, Heartland, among others. Learn more about our culture, approach, technology, and people here: https://www.branchapp.com/aboutBranch is an equal opportunity employer and we value diversity at our company.
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.Must be currently authorized to work in the USA without sponsorship or transfer. No 3rd-parties, please.
