Credit Underwriter at Renmoney

Location: Ikoyi, Lagos
Employment Type: Short-term contract
Department: Credit Administration

We Are the Place for You, If

• You’re excited about technology and the future, and you’re looking for a place to learn and grow.
• You care a lot about detail and pride yourself in impeccable execution.
• You can collect and analyze lots of data and feed in just the right amount of intuition to make sound decisions.
• You are ready to work extremely hard, at a fast pace, to achieve audacious goals.
• You love to speak up, ask questions and are comfortable challenging anyone or any idea.

The Position

• The Credit Risk Analyst is saddled with the responsibility of evaluating financial information and risks prior to granting loans to businesses or individuals.
• You will assess information provided by potential borrowers, such as their financial liabilities, credit history, employment and income, to calculate the risks of extending credit to loan applicants.

Responsibilities

• First payment default - Underwriter must ensure proper scrutiny of documents and a minimal likelihood of First payment default
• Fraud detection - Ensure all applications approved should be fraud free
• Minimizing approval error - Loans should be approved with less than 0.01% error. All loans approved should approve accurately and error free
• Numbers of transactions processed - Amount of transactions processed should not fall short of requirement
• Transaction processing turnover ensure all approved loans should not exceed the stipulated required time (maximum of 15minutes per file).

Requirements
Required:

• University Degree or equivalent standard with a high numeric content: Statistics, Econometrics, Business Administration / Economics, Mathematics, Finance, etc.
• 2+ years practical experience

Preferred:

• Experience with hands-on customer relationship management
• Practical knowledge in credit risk working for a banking or non-banking financial institution
• Experience with Customer experience services.

This Job is Perfect for You if You

• Enjoy adding structure and developing approaches to ambiguous problems
• Are a self-starter, take initiative, work collaboratively, and can self-manage in ambiguity
• Have excellent verbal and written communication skills
• Are excel and numbers-savvy and very detail oriented

You will Not Enjoy this Job if You:

• Work best in structured, hierarchical settings
• Require clear, pre-set deliverables and constant direction
• Are used to working in/with a large team.

What’s in it For You

• You’ll receive competitive compensation and work with amazing people.
• You’ll work in a beautiful environment with a flat structure and solve complex, real-world challenges.