Senior Credit Risk Underwriter at CredPal

Location: Yaba, Lagos

Purpose Statement

• We are looking to hire a Credit Underwriter with specialized knowledge in risk assessment. Very meticulous and attention to detail, good negotiating skills and work according to tight deadlines in a fast-paced environment.
• The successful candidate will be an expert in risk analysis and selection with remarkable decision-making skills, a deep understanding of retention and reinsurance, and sound judgment.

Key Deliverables:

• Evaluating loan applications and including the credit analysis and loanrequest summaries.
• Evaluating clients’ credit data and financial statements in order to determine the degree of risk involved in lending money to them.
• Analyzing client records and using the data to recommend payment plans.
• Conferring with references to exchange credit information on clients.
• Collaborating with sales and other units /departments in managing financial orders to help them control credit exposure, make payments on time, and reduce the risk of customer disputes.
• Conferring with clients to verify their financial/credit transactions and to resolve their complaints.
• Analyzing credit data and financial information of persons or companies that are applying for credit or loans to determine the risk to the organization.
• Determine if a loan or line of credit will be granted, and if so, the terms of the loan, including interest rate.
• Prepare reports based upon due diligence findings to help make decisions on lending and credit-worthiness.
• Conducting credit search from an approved Credit Bureau for facilities Identifies and collects information critical to decision making.
• Collaborate with data science, product, and engineering to propose hypothesis testing to improve risk and profitability.

Preferred Qualifications

• Bachelor's Degree in Finance or Business Administration or related field.
• Experience in using accounting softwares.
• Relevant training & certifications.
• 5years similar experience in underwriting credits in a Fin- Tech or Financial services.

Preferred Requirements:

• A very proactive & analytical person.
• Ability to use reasonable and sound judgment.
• Strong problem-solving and decision-making skills.
• Thorough knowledge of databases and tracking systems.
• Solid organizational skills and detail-oriented.