About the Role: The Senior Credit & Alternative Financing Specialist will help support the Credit Department by underwriting flexible funding requests, evaluating non-traditional financial metrics, and managing portfolio health. Beyond day-to-day credit risk evaluation, this individual will play a key role in collaborating cross-functionally with Product, Operations, and Risk teams to inform, test, and refine our broader suite of capital solutions. It is critical for this person to operate effectively in a fast-paced fintech environment, balancing sound credit fundamentals with innovative working capital strategy.

What You'll Do:

• Underwrite commercial credit applications using standard financial statement analysis (P&L, BS, Cash Flow) while heavily leveraging high-frequency transaction data, bank analytics, and merchant statement trends.
• Inform Product Development: Partner closely with Product, Engineering, and Risk Operations to provide credit domain expertise that helps shape underwriting logic, risk parameters, and product features for working capital products.
• Evaluate receivables quality, buyer creditworthiness, and high-frequency cash flows to mitigate dilution, fraud, and credit defaults.
• Perform ongoing collateral monitoring, tracking cash flow volatility, remittance patterns, and daily/weekly payment health across active accounts.
• Monitor portfolio performance, tracking borrower concentration, reserve requirements, aging schedules, and early default indicators.
• Collaborate with cross-functional partners in Finance and Capital Markets to optimize borrowing facility reporting and streamline customer onboarding.
• Leverage AI tools (such as ChatGPT, Claude, or Gemini) to optimize underwriting workflows, summarize complex credit files, and draft risk assessments efficiently.

What You’ll Need:

• 3+ years of commercial credit underwriting experience at a fintech company, with an emphasis on revenue-based financing, receivables financing, or short-term working capital products is required. Hands-on experience in asset-based lending preferred.
• Strong core credit fundamentals, including financial statement analysis (P&L, Balance Sheet, Cash Flow), cash-flow modeling, and risk mitigation strategies.
• Proven track record analyzing high-frequency data, bank statements (e.g., Plaid, DecisionLogic), and transactional cash flows.
• Product-oriented mindset with the ability to translate credit risk concepts into functional feedback for product and engineering teams.
• Familiarity with inventory-based sales cycles and CPG business models is strongly preferred.
• 1+ years of practical experience using Generative AI tools (ChatGPT, Claude, Gemini, etc.) within a professional work environment to streamline analysis, reporting, or operational workflows.
• Technical proficiency in MS Excel, Google Workspace, Python, SQL, Slack, and cash-flow modeling tools.
• Meticulously detail-oriented, with strong critical thinking skills and a self-starter attitude.

Compensation: This role offers an annual base salary range of $95,000 - $115,000 + equity + benefits. Actual compensation will be determined by various factors, including your skills and experience.

Work Authorization: At this time, Settle is unable to sponsor or take over sponsorship of employment visas. Candidates must be authorized to work in the United States without current or future sponsorship.

Benefits & Perks That We Offer: Flexible PTO, flexible and remote work culture, competitive compensation and equity, health, dental, and vision coverage for you and your dependents, 401k, HSA/FSA, and an Employee Referral Program!

Our Commitment to You: At Settle we know that cultivating diversity and fostering an inclusive work environment is critical to our impact and success. We create an environment where no individual is advantaged or disadvantaged because of their background. We offer equal opportunity employment regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, or protected veteran status.