Senior Underwriter

Job Description

Job Description

Senior Underwriter

Location: Sunny Isles Beach, Florida (On-Site)
Company: Neto Capital
Employment Type: Full-Time
Working Hours: 9:30AM–5:30PM
Start Date: Immediate / Based on availability
Compensation: Competitive compensation based on experience and fit

Position Overview

Neto Capital is hiring a Head of Underwriting to own credit decisioning across our MCA portfolio. You'll hold final approval authority on deals, set and enforce the credit box, and build out the underwriting function as volume grows. This role requires direct merchant cash advance underwriting experience — not adjacent lending.

Key Responsibilities

• Own final approval, decline, and pricing decisions on MCA submissions, including exception calls outside the standard credit box.
• Define and maintain underwriting policy, approval limits, and risk tolerances; adjust based on portfolio performance and default trends.
• Build and lead the underwriting team — hiring, training, file review, and quality control on junior underwriters' recommendations.
• Direct the in-house AI/ML underwriting tools: set the rules and thresholds they run on, and work with Product on what gets automated.

Requirements

• 5+ years underwriting merchant cash advances or similar revenue-based business financing, with a track record of holding decision authority.
• Deep command of bank statement analysis, cash flow modeling, stacking detection, and MCA-specific fraud and default patterns.
• Experience setting or materially shaping a credit box and defending those decisions to ownership.
• Comfortable operating without a large support function — this is a hands-on role in a growing company, not a large-bank seat.

Nice to Have

• Experience managing or building an underwriting team from a small base.
• Familiarity with Ocrolus, DataMerch, TLOxp, Plaid, DecisionLogic, or comparable decisioning tools.
• Portfolio management or collections exposure — understanding how your decisions perform downstream.
• Experience working alongside automated or ML-assisted decisioning.

Why Join Neto Capital?

• Full ownership of credit decisions — you set the box, not inherit someone else's.
• Build the underwriting function and team from the ground up.
• Direct access to the CEO and COO on risk strategy and portfolio direction.
• In-house AI/ML underwriting tools you'll help shape.

\nCompany Description

Neto Capital isn't a bank — and that's the point. We're a South Florida-based fintech company rewriting how small and mid-sized businesses access capital. While traditional lenders bury business owners in paperwork and make them wait weeks for an answer, we move in hours. As a direct funder specializing in Merchant Cash Advances and alternative financing, we combine smart technology with real human decision-making to get businesses funded fast — no middlemen, no runaround.

We're a lean, fast-moving team where things actually happen. Decisions get made in the room, not lost in a chain of approvals. Your ideas won't sit in someone's inbox — if it's good, we run with it. That means real ownership, real growth, and a front-row seat to how a modern lending operation scales.

The fintech space is exploding, and we're building something big in it. If you're looking for a place where you can move fast, level up quickly, and be part of a company on its way up — not just another seat in a corporate machine — Neto Capital is where you want to be.

Company Description

Neto Capital isn't a bank — and that's the point. We're a South Florida-based fintech company rewriting how small and mid-sized businesses access capital. While traditional lenders bury business owners in paperwork and make them wait weeks for an answer, we move in hours. As a direct funder specializing in Merchant Cash Advances and alternative financing, we combine smart technology with real human decision-making to get businesses funded fast — no middlemen, no runaround.\n\nWe're a lean, fast-moving team where things actually happen. Decisions get made in the room, not lost in a chain of approvals. Your ideas won't sit in someone's inbox — if it's good, we run with it. That means real ownership, real growth, and a front-row seat to how a modern lending operation scales.\n\nThe fintech space is exploding, and we're building something big in it. If you're looking for a place where you can move fast, level up quickly, and be part of a company on its way up — not just another seat in a corporate machine — Neto Capital is where you want to be.