(Junior) Loan Underwriter at SeedStars Academy

About the Job

• As a (Junior) Loan Underwriter (m/f), you are responsible for a portfolio of Nigerian SME customers. You will have the primary responsibility for loan quality and compliance.
• You will ensure that approved loans meets regulatory requirements, internal Lending Policy and Standard Operation Procedures (SOP's).

Key Responsibilities

• Underwrites loans requests in a manner that is compliant with internal Lending Policies, SOP's, including guidelines. .
• Decide regularly which loans may be terminated and supervise the termination process.
• When necessary assists in processing applications by performing processing functions including Member contact updates, third party communication, and other processing or loan closing tasks.
• Ensures that Loan Operating System (LOS) is updated in all required areas on a daily basis.
• Work closely with our Legal Department and Risk Management.
• Improve our internal and external processes.
• Ensures that loan turnaround times for period from receipt of completed application to credit approval then funding are met.
• Underwriting loans.

Your Profile

• At least 2 years of professional experience in banking / finance / receivables management.
• Very good knowledge of evaluating the risk requirements of SME loans and develop the risk management plan in accordance with the contract requirements in liaison with the Business Development Manager.
• Can perform quantitative analysis in accordance with the Risk Management Plan; cost and schedule risk analysis.
• Professional level using Microsoft Excel.
• Able to identify and analyze risk associated with multitude of exposures.
• Teamwork as well as the ability and willingness to find your way around in a dynamic environment.
• E-commerce experience is an added advantage.
• Ability to spot loan discrepancies.

Benefits and Perks

• A steep learning curve in an innovative industry; including plenty of responsibility and conceptual freedom.
• Extensive learning opportunities for personal and professional growth.
• Fast track leadership opportunities in line with performance.
• An international team of experts who inspire and support you.
• Regular get-togethers, team building events, barbecues, and parties
• Typical Start-up perks: flexible working hours, company healthcare plan, pension scheme, etc.