Loan Processor

Job Title:       Loan Processor

Location:       Remote

Department: Underwriting

Reports to:    Underwriter, Team Lead

Company:     BriteCap Financial 

About Us:

BriteCap Financial is a leading financial technology company dedicated to providing innovative lending solutions to small businesses since 2003. We specialize in helping small businesses nationwide thrive by offering tailored financing products and exceptional customer service. Our team is committed to fostering a supportive and collaborative work environment where individuals can grow and succeed.

Position Overview:

As a Loan Processor of the Underwriting team, you will have significant responsibility from the outset, as well as substantial headroom for professional growth. You will play a pivotal role on our credit risk/underwriting team by making credit decisions and managing our credit portfolio. In this role, you will follow the tasks set before you by our proven processes and proprietary software to assess the credit worthiness of businesses. You will also use your critical thinking skills to gain a deep understanding of the best practices set forth by our underwriting policy guidelines to leave clear concise notes to help assist the 

Underwriters/Sales agents.

Key Responsibilities

• Use internal systems to process incoming funding applications and ensure files are complete, accurate and properly organized
• Review and input information from bank statements, credit reports and supporting business documents 
• Confirm key business and applicant information is consistent across all documentation
• Address standard processing items and flags, determining whether they can be resolved or need to be escalated
• Identify missing, expired or inconsistent documentation and request corrections as needed
• Ensure files are clean and ready to move forward to the next stage of review
• Conduct final review of approved files, completing all remaining due diligence items such as merchant interviews, verification calls, updated bank statements, and reviewing any outstanding stipulations 
• Confirm all funding conditions have been met, and the deal is fully prepared for a timely, accurate funding
• Maintain clear and accurate notes within internal systems
• Communicate clearly and professionally with internal teams to keep files moving efficiently
• Assist with ad-hoc projects and operational support as needed

Qualifications

• High school diploma or equivalent
• Prior exposure to finance, lending, banking, underwriting support, or document review is helpful but not required
• Comfort reviewing bank statements, credit reports, or business documentation at a basic level
• Ability to follow defined workflows and instructions
• Willingness to learn working capital products and internal systems
• Strong work ethic and ability to work in a fast-paced environment

Skills & Attributes

• Strong attention to detail and organizational skills
• Clear written and verbal communication
• Ability to multitask and manage priorities
• Coachable mindset with a desire to learn and grow
• Team-oriented and accountable