Underwriting & Funding Manager
The Underwriting & Funding Manager at inKind plays a pivotal role in evaluating and approving restaurant funding opportunities, ensuring disciplined and timely funding decisions. This position involves overseeing the entire review process, from initial diligence to final recommendations, thereby supporting inKind's mission to empower restaurant partners while effectively managing associated risks. The role demands a keen financial acumen, meticulous attention to detail, and the capacity to interpret business dynamics beyond mere numbers.
Key responsibilities include assessing new funding applications by reviewing financial statements, sales trends, and other pertinent materials for accuracy and completeness. The manager is tasked with underwriting restaurant businesses by evaluating their operating performance, cash flow, liquidity, and ownership experience to determine their capacity to sustain the proposed funding structure. Additionally, the role involves recommending appropriate funding terms, making informed funding decisions within delegated authority, and preparing concise underwriting summaries that articulate the opportunity, associated risks, assumptions, and the rationale behind each decision.
Candidates should possess over four years of experience in commercial underwriting, small business financing, fintech lending, credit analysis, investment analysis, or related fields. Proficiency in financial statement analysis and modeling is essential, including the ability to assess cash flow, liquidity, leverage, repayment capacity, and unit-level economics. Experience in independently evaluating transactions, assessing financial and operational risks, and making or recommending funding decisions is crucial. The ideal candidate should also have a strong analytical and technical aptitude, with the ability to work with financial datasets, identify patterns, validate information, and support data-driven underwriting decisions.
The compensation package for this role includes a base salary ranging from $120,000 to $155,000 annually, complemented by a comprehensive benefits package. Specific details regarding additional benefits and perks are not specified in the available information.
inKind is dedicated to fostering a diverse and inclusive work environment, valuing the unique perspectives and experiences that each team member brings. The company emphasizes collaboration, innovation, and a shared commitment to supporting the success of independent restaurants and hospitality groups. Joining inKind offers an opportunity to be part of a dynamic team that is redefining modern restaurant funding and making a meaningful impact in the hospitality industry.