Underwriting Analyst (5pm-2am IST Shift)

THE COMPANY

MPOWERs borderless loans and scholarships enable students from around the world to realize their full academic and career potential by attending top universities in the U.S and Canada. 

As a mission-oriented fintech/edtech company, we move extremely quickly and leverage the latest technologies, global best practices, and heavy analytics to tackle one of the biggest challenges in financial inclusion. Were backed by over $150 million in equity capital from top global investors, which enables fast growth and provides our company with financial stability and a clear path to an IPO over the coming years.

Our global team is composed of former management consultants, financial service and technology professionals, and other experts in their respective fields. We work hard, have fun, and believe strongly in our cause. For us, MPOWERs mission is personal.

As a member of our team, youll be challenged to think quickly, act autonomously, and constantly grow creatively in an environment where fast change and exponential growth are the norm. Ideation and implementation happen very quickly. We value feedback and emphasize personal and professional development by providing the resources you need to further your skills and grow with the company. MPOWER is committed to cultivating your strengths and curiosity and helping you make an immediate impact.

MPOWER has been named one of the best fintechs to work for by American Banker for the past 6 years in a row.. We are honored to be nominated by multiple agencies and publications for our leadership in Tech, diversity and social impact. We pride ourselves on being a “growth company for grown-ups,” where there are no pool tables but rather great health, education, and maternity/paternity benefits instead. Our team diversity has been recognized as well; we’re one of the most diverse workforces in the world in terms of nationality, gender, religion, age, sexual orientation, and educational background.

THIS IS A FULL-TIME POSITION BASED IN BANGALORE, INDIA AND REPORTS DIRECTLY TO THE TEAM LEAD - UNDERWRITING

THE ROLE

You will be responsible for processing loan applications based on established eligibility and underwriting guidelines. Your high attention to detail and commitment to our mission will help make sure each applicant gets full and proper consideration through our loan application process. Your responsibilities will include but are not limited to:

• Collaborating with both the customer success and credit teams to ensure applications are completed and decisioned in a timely manner
• Validating borrower provided and 3rd party information to ensure each application is error-free and complete
• Understanding MPOWER’s product line, including loan terminology and calculations
• Ability to identify and make recommendations for approval policy exceptions
• Partnering with MPOWER’s global tech, credit, and operations teams to troubleshoot and optimize application and credit processes through automation
• Analyzing borrower data and trends while bringing a continuous improvement mindset to deliver a better student borrower experience and scale our operations

THE QUALIFICATIONS

• Bachelor’s degree, or higher, in Business Administration, Finance or related field preferred
• 2 - 5 years of loan processing experience in a fast-paced environment
• Understanding of banking, lending, financial services or personal finance with the ability to learn and adapt quickly
• Customer service orientation with an innate sense of service and empathy for others
• Outstanding written and verbal communication skills with comfort interacting with global colleagues and students via phone, email, and other collaboration tools
• Exceptional organizational skills and attention to detail
• Passionate about analytics and tech savvy
• Foreign language is a plus

A passion for financial inclusion and access to higher education is a must, as well as comfort working with a global team across multiple-time zones and sites!

In addition, you should be comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles and responsibilities, variable workload and tight deadlines, a high degree of autonomy, and 80-20 everything.