Dmitry Altshuler
Summary
Senior Underwriting Professional with 12+ years of experience in financial risk assessment, credit analysis, and team leadership. Expertise in merchant cash advances, business loans, and financial modeling. Proven track record in implementing risk mitigation strategies and driving process improvements.
Overview
14
14
years of professional experience
Work History
Lead Underwriter
Bluevine
04.2022 - Current
- Managed a team of 3 underwriters, overseeing day-to-day operations, analyzed SLA's and KPI's to ensure alignment with organizational objectives
- Assign credit lines to new clients; review draw requests and assess credit line modification requests for existing clients by analyzing financials statements, cash flow and overall creditworthiness to ensure risk-appropriate lending decisions
- Act as a point of escalation for complex customer cases, resolving issues efficiently to maintain customer retention while protecting company exposure
- Perform ongoing high-line reviews by reviewing financials statements (e.g., tax returns; P&L/balance sheets; and accounts receivable/payable aging schedules) to assess client viability, monitor credit line performance, and mitigate potential risks.
- Conduct comprehensive post-mortem reviews on default clients to analyze trends and root causes, providing actionable strategy recommendations to stakeholders for risk mitigation and process enhancements
- Collaborate with cross-functional departments including sales, customer support, fraud, collections and risk strategy
Senior Underwriter
BizFund
06.2018 - 04.2022
- Train and supervise junior underwriters to perform detailed business and financial reviews of prospects to ensure they are adhering to company guidelines
- Research and analyze small to mid-sized company's financials and corporate performance with independent authority to authorize merchant cash advances
- Evaluate key financial statements (e.g., tax return, profit and loss statements, balance sheets) and credit reports (e.g., Lexis Nexis, Thompson Reuters, Experian) to build detailed financial/cash flow projection models and determine long-term solvency and creditworthiness
- Liaise with international offices in Australia and United Kingdom to issue cash advances and business loans while adhering to international guidelines and compliance requirements
- Recommend and implement policy changes based on market trends to facilitate increased funding volume
Underwriter
Nextwave Funding
01.2017 - 06.2018
- Underwrite merchant cash advance applications for credit worthiness in accordance with company underwriting guidelines
- Collaborate within a team of senior stakeholders and external investors to assist in the credit underwriting and syndication of transactions exceeding internal company limits
- Produce and present transaction approval documents and terms of funding agreements
- Work with the Relationship Managers in structuring, analyzing, and negotiating credit transactions
Credit Underwriter
Capify (formerly known as AmeriMerchant)
11.2012 - 01.2017
- Performed business model review and interviews with prospects to determine the degree of risk involved in extending initial credit or additional working capital (up to $500,000)
- Managed and reviewed commercial loan applications of merchants applying for cash advances or short-term loans from initial submission through funding determination
- Drafted deal memoranda and presented to the credit committee results of analysis performed in order to secure financing for loans of $100,000 and above
Credit Investigator
Capify (formerly known as AmeriMerchant)
11.2011 - 11.2012
- Performed due diligence on prospective clients by obtaining trade references, site inspections, and various other data submitted by sales team
- Collected and analyzed supporting documents such as business licenses, entity registrations (i.e
- For corporations, limited liability companies, and/or partnerships), and bank records for prospective clients
- Filed UCC-1 financing statements with secretary of state in the state in which the debtor is located upon reviewing accuracy and completeness of client's information and description of collateral in order to perfect security interest
- Communicate with banks and references to confirm accuracy of bank statements and evaluate the ability of the applicant to repay debts
Customer Service Representative
Bank of America
11.2010 - 11.2011
- Drafted investigation reports based on financial positions of merchants across multiple industry classes
Education
Bachelor of Business Administration - Finance & Investment, Industrial/Organizational Psychology
Zicklin School of Business, Baruch College
Skills
- Risk assessment expertise
- Underwriting proficiency
- Documentation review
- Risk mitigation
EDUCATION & LANGUAGES
Fluent in Russian (speak, read, and write)
Timeline
Lead Underwriter
Bluevine
04.2022 - Current
Senior Underwriter
BizFund
06.2018 - 04.2022
Underwriter
Nextwave Funding
01.2017 - 06.2018
Credit Underwriter
Capify (formerly known as AmeriMerchant)
11.2012 - 01.2017
Credit Investigator
Capify (formerly known as AmeriMerchant)
11.2011 - 11.2012
Customer Service Representative
Bank of America
11.2010 - 11.2011
Bachelor of Business Administration - Finance & Investment, Industrial/Organizational Psychology
Zicklin School of Business, Baruch College
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