Principal Underwriter, SMB Risk

Clearco is the capital partner that thinks like a founder. We provide fast, flexible, and founder-first funding designed to scale with your momentum. With over $3 billion deployed to 10,000+ brands, our performance-driven model delivers competitive terms, capped weekly repayments, and access to capital in as little as 24 hours. There’s no dilution, no personal guarantees, and no friction. Whether you're securing inventory, funding ads, or launching your next big product, Clearco helps you move faster with confidence. What your day-to-day will look like: Join Clearco as a lead individual contributor on the diligence and underwriting team Conduct reviews of SMB customers to reach robust, data-driven credit decisions Work directly with customers and independently own credit decisions for individual accounts (approve/decline recommendations, exposure amounts, and key terms) within Clearco’s authorization and escalation framework Develop and refine detailed risk frameworks for these decisions alongside the credit team Work collaboratively with internal stakeholders to complete ad-hoc requests and projects, often with time constraints Undertake detailed financial statement analysis to evaluate the financial health of Clearco customers and prospects and effectively communicate findings to key stakeholders Test and refine specific financial metrics and ratios to enhance the speed and accuracy of our underwriting Maintain expert knowledge of internal risk frameworks, authorization limits, and escalation processes Act as a trusted risk advisor to leadership, delivering direct, data-backed recommendations to help the team win Conduct ongoing analysis of the credit portfolio to flag risks and execute remediation plans Continually stay abreast of underwriting best practices and expand knowledge What you’ll bring Experience Degree in analytics, business, accounting, economics, finance, or equivalent practical experience 7+ years of experience in credit underwriting, commercial banking, specialty finance, or fintech risk management Direct experience with SMB credit underwriting and financial statement analysis Technical and Analytical Deep expertise in financial underwriting, credit analysis, investment operations, or risk management Comfort analyzing company data and financial statements to form clear, defensible credit views Domain and Compliance Familiarity with e‑commerce business models and digital health metrics Working knowledge of core compliance standards, including KYC and AML Communication and Influence Strong quantitative and writing skills, with a track record of delivering concise, actionable recommendations Clear, professional presence for direct customer communication, negotiations, and cross-functional collaboration Mindset Strong analytical skills to break down complex problems Builder mindset with a track record of improving processes for scale Ownership and growth mindset; comfortable with radical candor Clearco is an equal-opportunity employer. We celebrate our inclusive work environment and welcome members of all backgrounds and perspectives to apply. At Clearco, we’re committed to developing and upholding an inclusive, transparent, and comfortable environment for all. We create a space where every voice, perspective, and idea is heard and acknowledged. We embrace differences and know that our diverse team is our strength and what drives our innovation. Clearco is committed to developing a barrier-free recruitment process and work environment. If you require any accommodation, please let us know and we’ll work with you to meet your accessibility needs. We may use AI-assisted tools to support the recruitment process (for example, to organize and review applications). These tools inform our review, but people make the decisions. If you have questions about how your information is handled during hiring, please contact us. Apply To This Job