Traction Apps is a one-stop platform for small businesses to accept payments, run their businesses, and access capital for growth, We are building the operating system for SMEs in Africa!
Read more about this company
We are currently on the lookout for a Credit Underwriting Lead to support our team.
Responsibilities
Analyze corporate transactions, credit worthiness of clients using liquidity and solvency ratios, thorough collateral analysis, character of the promoters etc
Analyze the risks inherent in transactions and recommend the approval or decline of transactions
Analyze and interpret complex financial data to make decisions
Undertake risk analysis using quantitative and qualitative techniques
Keep company’s risk exposure within set limits and partake in adjusting such limits where there is need
Improve the loan approval process by bringing on board several verification processes and also bring ideas that enhance the internal control system of the Department.
Evaluate financial statements, historical trends, projections management performance, company cash flow, capital structure and collateral analysis.
Review applications for credit facilities to point out deviations from the Firm’s credit policy and highlight quality assurance issues in credit proposals received from business areas.
Prepare, review and analyze the creditworthiness of all potential customers based on risk criteria.
Requirements
A minimum of five years experience managing credit risk and/or underwriting teams
Experience and knowledge of commercial credit underwriting, financial risk modeling, and cash flow forecasting
The ability to accurately transform business and financial data that outlines potential credit risks and present dynamic mitigation strategies
Strong knowledge of accounting principles and comfort with evaluating financial statements and business models across a range of industries.
Best Freelance Skills You Need to Earn in USDThis article discusses the best freelance skills to learn if you want to earn in USD and shares tips on how you can get your first interantional client.
10 Signs You Need to Hire a Recruitment AgencyThis article discusses 10 clear signs you need to hire a recruitment agency, how recruitment agencies solve these problems, and when outsourcing recruitment makes the most business sense.
Best Online Platforms that Pay Nigerians in USD to Train AILooking for AI training jobs that pay in USD? Discover the best online platforms where Nigerians can earn dollars by training AI models, writing prompts, evaluating AI responses, annotating data, and more.