Credit Analyst / Due Diligence Analyst (Hybrid)

About Rewards Network

Celebrating over four decades of success, Rewards Network specializes in boosting restaurant revenues and customer engagement through innovative financial and marketing services alongside exclusive dining rewards programs. By connecting diners with exceptional restaurant experiences via unique card-linked promotions, we use cutting-edge technology and powerful data insights to benefit restaurants, customers, and partner loyalty programs.

Our Culture

At Rewards Network, our diverse and passionate workforce thrives on collaboration and problem-solving. Team members take ownership of their professional growth as well as the company's expansion. We proudly collaborate with influential loyalty programs globally to drive full-price customers and provide flexible capital solutions to local dining establishments. Our environment challenges you to maximize your capabilities and offers rewarding experiences.

Job Overview

Within the Due Diligence team, the Due Diligence Analyst/Underwriter evaluates and manages risk for Rewards Network’s financial products. This role involves thorough analysis of financial information and credit risk to inform underwriting decisions. Partnering closely with sales and internal departments nationwide, the position ensures that financial offerings comply with company policies, align with risk guidelines, and support strategic goals.

This is a hybrid role requiring presence in our Chicago office Tuesday through Thursday.

Responsibilities

• Perform comprehensive assessments of merchants applying for cash advance products ensuring adherence to company policies.
• Analyze various financial documents including credit reports, business financial statements, bank and credit card statements to guide underwriting decisions.
• Evaluate merchant risk profiles to establish creditworthiness and calculate suitable funding approval amounts.
• Authorize approvals within policy limits or escalate for exceptions when required.
• Review contract documentation for accuracy, completeness, and legal compliance.
• Coordinate with sales and cross-functional teams to align risk evaluations with business objectives.
• Maintain detailed records of all due diligence and underwriting decisions for compliance and future auditing.

Requirements

• Exceptional analytical and problem-solving abilities with creative thinking skills.
• Self-driven attitude with a strong work ethic, capable of independent decision-making and proactive issue resolution.
• Proficiency in databases and spreadsheets, especially intermediate Microsoft Excel skills.
• Experience with Salesforce is beneficial.
• Strong verbal and written communication skills for conveying recommendations and negotiating terms internally and with sales teams.
• Minimum of a high school diploma or equivalent.
• Two to three years of relevant job experience.
• Preferred: Bachelor's degree in Finance, Economics, Business or related field.
• Preferred: Experience in merchant cash advance or loan underwriting.

Compensation & Benefits

• Full-time, non-exempt position offering competitive hourly pay ranging from $28 to $36, which annualizes to approximately $58,240 - $74,880 depending on experience and skills.
• Generous paid time off and recognized company holidays.
• Dining reimbursements when patronizing our restaurant clients.
• 401(k) retirement plan with company matching contributions.
• Health insurance options including Standard PPO and High Deductible Health Plans with HSA contributions by the company.
• Partnership with Rx n Go to provide access to some free prescription medications.
• Dental and vision coverage plans.
• Flexible spending accounts and pre-tax commuter benefits.
• Additional insurance coverages including accident, critical illness, hospital indemnity, disability, and life insurance benefits.
• Employee Life Assistance Program for wellness support.
• Modern hybrid workspace located downtown near major train stations.
• Catered lunches every Tuesday in the Chicago office.

Equal Opportunity Employer

Rewards Network is committed to equal employment opportunities and fosters a diverse and inclusive workplace environment.