Finance Consultant, Warehouse Facility
Fundwell is a financial technology platform revolutionizing the way businesses access and manage capital. Traditional business financing often involves complex processes, hidden fees, and lengthy approval times. We're changing that and fast. Leveraging our proprietary technology, deep industry expertise, and ethical-first approach, we deliver quick, transparent, and tailored funding solutions to small and medium-sized businesses nationwide. Today, our platform is expanding beyond financing into receivables, payables, and embedded payments, giving businesses greater control over their cash flow.
We have a working financial model that covers origination funnel, portfolio outstanding, payoff curves, payment waterfall, warehouse and mezzanine facilities, P&L, headcount, and cash flow across a 22-month projection. We need someone who has done this before at a high level — someone who can take a founder-built model and make it the kind of deliverable a warehouse lender’s credit committee signs off on without follow-up questions. If you haven’t sat across the table from a lender’s credit team and defended a model, this isn’t the right engagement.
How You’ll Make An Impact
• Audit and stress-test the existing Excel model across all tabs (origination, portfolio, waterfall, warehouse, P&L, cash flow) for formula integrity, cross-tab consistency, and economic reasonableness
• Rebuild or refine the payment waterfall to properly model SPV cash flows, priority of payments, and residual distributions under base, stress, and covenant-breach scenarios
• Validate warehouse facility mechanics: advance rate calculations, borrowing base certificates, utilization tracking, unused commitment fees, and facility capacity constraints
• Build covenant compliance tracking: DSCR coverage tests, concentration limits, delinquency triggers, and portfolio performance thresholds with early amortization modeling
• Sensitize key assumptions (collection rates, chargeoff rates, factor rates, WAL) and produce scenario analysis output suitable for lender presentations
• Ensure cash flow statement conforms to ASC 230 treatment for specialty lending (loan originations as investing, warehouse draws as financing, net income as operating)
• Produce a clean, presentation-ready model with clear assumption inputs, documentation tab, and print-formatted summary pages
Deliverables
• Audited and corrected financial model in Excel (.xlsx) with version-controlled changes and full formula documentation
• Pro forma portfolio projections for each product channel: Fundwell RBF, Forbes RBF, and Card MCA (prepaid/interchange) — including portfolio roll-forward, collection curves, chargeoff waterfalls, and balance outstanding by vintage
• Assumption documentation and multi-scenario sensitivity tables (base, downside, severe, recovery)
• Covenant compliance dashboard with breach scenario analysis and early amortization trigger modeling
• 1-page model summary suitable for inclusion in warehouse lender pitch materials
What Sets You Apart
• 5+ years in structured finance, specialty lending, or credit fund operations — must have built warehouse facility models, not just corporate FP&A
• Direct experience with MCA, RBF, factoring, or similar receivables-based lending — you understand factor rates, RTR, payment velocity, and how collections flow through an SPV
• Prior work preparing financial models that were reviewed and approved by warehouse lender credit committees (banks, credit funds, or specialty finance lenders)
• Expert-level Excel: complex cross-tab formulas, named ranges, data validation, scenario manager, and print layout for board/lender packages
• Working knowledge of ASC 230 cash flow treatment for lending companies and GAAP revenue recognition for purchased receivables (ASC 310-20)
Strongly Preferred
• CFA charterholder or MBA/MS Finance from a top-tier program (Ivy League, Stanford, MIT, Chicago Booth, Wharton, or equivalent)
• Former role at a warehouse lender, credit fund, or specialty finance platform (OnDeck, Kabbage, Clearco, Pipe, or similar) — ideally on the capital markets or treasury desk
• Experience with SPV structuring, borrowing base mechanics, and covenant negotiation from the borrower or lender side
• Familiarity with Column, Evolve, Celtic, or other bank partnership / BaaS infrastructure
• Track record of building pro forma portfolio models across multiple receivables asset classes (MCA, RBF, card, invoice factoring)
Apply tot his job
Apply To this Job
We have a working financial model that covers origination funnel, portfolio outstanding, payoff curves, payment waterfall, warehouse and mezzanine facilities, P&L, headcount, and cash flow across a 22-month projection. We need someone who has done this before at a high level — someone who can take a founder-built model and make it the kind of deliverable a warehouse lender’s credit committee signs off on without follow-up questions. If you haven’t sat across the table from a lender’s credit team and defended a model, this isn’t the right engagement.
How You’ll Make An Impact
• Audit and stress-test the existing Excel model across all tabs (origination, portfolio, waterfall, warehouse, P&L, cash flow) for formula integrity, cross-tab consistency, and economic reasonableness
• Rebuild or refine the payment waterfall to properly model SPV cash flows, priority of payments, and residual distributions under base, stress, and covenant-breach scenarios
• Validate warehouse facility mechanics: advance rate calculations, borrowing base certificates, utilization tracking, unused commitment fees, and facility capacity constraints
• Build covenant compliance tracking: DSCR coverage tests, concentration limits, delinquency triggers, and portfolio performance thresholds with early amortization modeling
• Sensitize key assumptions (collection rates, chargeoff rates, factor rates, WAL) and produce scenario analysis output suitable for lender presentations
• Ensure cash flow statement conforms to ASC 230 treatment for specialty lending (loan originations as investing, warehouse draws as financing, net income as operating)
• Produce a clean, presentation-ready model with clear assumption inputs, documentation tab, and print-formatted summary pages
Deliverables
• Audited and corrected financial model in Excel (.xlsx) with version-controlled changes and full formula documentation
• Pro forma portfolio projections for each product channel: Fundwell RBF, Forbes RBF, and Card MCA (prepaid/interchange) — including portfolio roll-forward, collection curves, chargeoff waterfalls, and balance outstanding by vintage
• Assumption documentation and multi-scenario sensitivity tables (base, downside, severe, recovery)
• Covenant compliance dashboard with breach scenario analysis and early amortization trigger modeling
• 1-page model summary suitable for inclusion in warehouse lender pitch materials
What Sets You Apart
• 5+ years in structured finance, specialty lending, or credit fund operations — must have built warehouse facility models, not just corporate FP&A
• Direct experience with MCA, RBF, factoring, or similar receivables-based lending — you understand factor rates, RTR, payment velocity, and how collections flow through an SPV
• Prior work preparing financial models that were reviewed and approved by warehouse lender credit committees (banks, credit funds, or specialty finance lenders)
• Expert-level Excel: complex cross-tab formulas, named ranges, data validation, scenario manager, and print layout for board/lender packages
• Working knowledge of ASC 230 cash flow treatment for lending companies and GAAP revenue recognition for purchased receivables (ASC 310-20)
Strongly Preferred
• CFA charterholder or MBA/MS Finance from a top-tier program (Ivy League, Stanford, MIT, Chicago Booth, Wharton, or equivalent)
• Former role at a warehouse lender, credit fund, or specialty finance platform (OnDeck, Kabbage, Clearco, Pipe, or similar) — ideally on the capital markets or treasury desk
• Experience with SPV structuring, borrowing base mechanics, and covenant negotiation from the borrower or lender side
• Familiarity with Column, Evolve, Celtic, or other bank partnership / BaaS infrastructure
• Track record of building pro forma portfolio models across multiple receivables asset classes (MCA, RBF, card, invoice factoring)
Apply tot his job
Apply To this Job