Team Lead, SME Underwriting at Renmoney

Job Description

• Manage and train the team of underwriters, fostering a collaborative and supportive work environment. Provide guidance, training, and performance feedback to enhance individual and team performance.
• Coordinate the end-to-end underwriting process for SME loan applications. Review and assess creditworthiness, financial statements, and risk profiles of SMEs to determine eligibility for financing.
• Conduct thorough risk assessments of SME loan applications, evaluating factors such as industry trends, market conditions, and borrower credit history. Ensure compliance with the company's underwriting guidelines and risk appetite
• Analyzing and interpreting financial statements.
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• Quantitative and qualitative assessment to identify and quantify the financial and business risks of the counterparty.
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• Assessment or understanding of the operating environment (i.e. industry, regulatory and legal risk) and how it impacts the risk profiles of clients.
• Make informed and data-driven lending decisions, balancing risk and reward. Collaborate with the Risk Infrastructure Lead to establish credit policies and guidelines for the underwriting team.
• Continuously improve the underwriting process by implementing best practices, leveraging technology, and refining credit risk models. Identify areas for process optimization and lead initiatives to enhance efficiency and accuracy.
• Ongoing monitoring and management of portfolio, which include making recommendations and/or providing input to further develop the bank’s lending policy.    
• Liaise with various business units and stakeholders
• Interact with clients.    
• Ensure that all underwriting activities comply with relevant regulations and internal policies. Keep abreast of industry trends and changes in regulatory requirements.
• Collateral Management

Requirements

• Bachelor's degree in finance, economics, business, or a related field. An advanced degree or professional certifications in credit risk management is a plus.
• Proven experience in credit risk assessment and underwriting of SMEs and big Corporates, with at up to 3 years experience in a leadership or team management capacity.
• Commercial banking experience as a credit analyst
• Modelling, assessing or advising on financial and business risks should form part of this experience
• Strong analytical skills with the ability to interpret financial statements, assess creditworthiness, and make data-driven lending decisions.
• In-depth knowledge of lending regulations, risk management principles, and best practices in underwriting.
• Excellent leadership and interpersonal skills, with the ability to motivate and mentor team members.
• Demonstrated track record of process improvement and implementing automation or technology solutions to enhance underwriting efficiency.
• Effective communication skills, both verbal and written, with the ability to articulate complex financial concepts to non-financial stakeholders.
• A strategic mindset with a keen focus on portfolio performance and risk management.
• Experience in collateral management would be a plus.