Company: The Olea Group

Location: , Remote

Job Function: Underwriting


The Olea Group has provided consulting and third party underwriting services to Community Development Financial Institutions across the United States since 2017. We underwrite about $80 million dollars of small business financing per year. CDFIs outsource their underwriting to us because we provide trustworthy, straightforward, on-demand financial analysis that aligns with their specific loan policies and occurs in their unique software and systems. Our work increases the capacity of missional lenders and safeguards their portfolios while also saving them money. 

We currently operate as a team of contract-based underwriters working remotely from across the United States. In addition to providing reliable, consistent underwriting services to CDFIs, we also want to provide flexible, interesting, meaningful work for an experienced CDFI underwriter looking for part-time remote work. 


We are hoping to identify and begin training the right person for this role as soon as possible. Loan volume can vary day to day and week to week, but the work will typically require 15-20 hours per week of your time. We expect that you can make yourself available during regular business hours in our US-based clients’ time zones here and there to participate in meetings. Otherwise you can work at any time of day from any location so long as each loan file is returned to the client who submitted it within 48 business hours.


The Underwriter’s primary responsibility is to underwrite small business loans, and occasionally mortgage loans, between $500 and $250,000. For each loan you underwrite, you will complete a detailed analysis of repayment capacity, credit history, collateral, historical business performance, and projected business growth. 


  • Experience working as an underwriter or financial analyst for a Community Development Financial Institution (ideal) or experience in another lending role at a missional small business lender 
  • At least moderate proficiency in Excel is required; experience using Microloan Management Services (MMS®), SPARK, LoanWell, or similar loan origination software is a plus
  • Incredibly attentive to detail, highly organized, and reliable
  • Excellent written and verbal communication skills
  • Ability to conduct oneself in a professional and polished manner 
  • Aptitude for working independently once fully trained
  • Proficiency in Spanish is preferred

Compensation and Benefits

Pay will be on an hourly rate commensurate with experience. We issue payments to contractors at the beginning of each month for the previous month’s hours worked. You will be responsible for tracking your own time and keeping your time log up to date. 

The Olea Group closes for all federal holidays as well as the day after Thanksgiving and the final two weeks of December each year.

How to Apply

To apply for this position, please email a PDF version of your resume to Amy Collins at amy@theoleagroup.com. In the body of your message, describe your professional experience and qualifications as well as what interests and excites you about the position. Please do not call us to express your interest in working for The Olea Group. 

The Olea Group is an equal opportunity employer and we strongly value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.