Underwriter Team Lead at Deep Blue Energy Services Limited

Description

• Responsible for carrying out assessment on information provided by clients and prospects to determine the capacity of borrowers to repay their financial obligations and mitigate credit risk.

Key Responsibilities

• Review and evaluate loan applications submitted by Loan Officers to identify potential risks of the borrower.
• Collaborate with other business units to ensure quality and efficient decision-making process for loan approvals.
• Proper and fast redistribution of loan applications, ensuring the highest processing speed of applications.
• Verify the accuracy of information received and calculations made during financial analysis.
• Make recommendation on changes and improvement plans to the existing process to achieve maximum efficiency in the decision-making process.
• Collect and analyze relevant data for improved risk assessment decisions
• Provide feedback for underwriting policy reviews and updates.
• Support strategic initiatives in terms of risk scoring, ID checking and automated acceptance.
• Manage end to end loan underwriting processes including requesting, collecting, and managing required document.
• Reviews loan documents for accuracy, completeness, and adherence to approval conditions.
• Prepare, circulate and maintain Due Diligence Checklists for credit processing
• Collect, review and advise loan team regarding receipt and status of all underwriting documentation.
• Establish loan files in designated software and assure electronic and hard copy documentation is placed in appropriate location.
• Order and obtain reports and verifications from external parties including credit bureaus, NIBSS and other verification parties.
• Responsible for conducting research on borrowers and industries..
• Upon receipt of borrower credit documentations transfers data from analysis documentation to credit narrative and make loan recommendation to Head of Risk or authorized approval.
• Structures and recommends loans based on risk considerations and submit credits for appropriate approval.
• Ensures that loans are processed within the stipulated timelines.
• Strict adherence and compliance to stipulated policies, procedures and industry best practice.
• Provide support  in  the  preparation and  submission of  credit  committee meeting presentation, including drafting sections of the underwriting narrative and summary analysis of loan portfolio.
• Works closely with Head of Risk to monitor existing portfolio to ensure proper risk ratings and early identification of potential problems.
• Works with the Head of Risk on best credit policies, procedures and industry best practice.
• Takes ownership of the credit process, making decisions in the best interest of the customer and organization.
• Identifies policy exceptions within a credit request.

Qualifications

• Bachelor’s Degree in Business Administration, Economics, Accounting etc.
• Minimum of 5 years relevant work experience in banking operations, risk analysis, auditing, actuarial science, internal control or related fields
• Professional affiliation or membership with relevant institutions
• Evidence of completion of Microfinance Certification program is an add on
• Excellent spoken level of English (minimum Upper-Intermediate level)
• Good organizational, communication and presentation skills
• Experience in credit underwriting of microfinance clients (2 years +)
• Ability to make independent decisions.

Preferred Skills:

• Credit Administration, credit analysis and appraisal skills.
• Data mining and analysis to create reports and provide business intelligence.
• Strong business acumen, financial management and analysis skills.
• Outstanding communication (written and verbal) and interpersonal abilities.
• Strong marketing and public relations skills.
• Good team player with excellent leadership traits.
• Strong MS office suite skills and other relevant technological tools.
• Planning and organization skills.
• High degree of professionalism, maturity and confidentiality.
• Strong interpersonal and presentation skills.
• Strong analytical and problem-solving skills.
• Ability to collaborate with team of professionals, guiding and coordinating towards achieving common objectives.
• Influencing and Negotiation skills.

Requirements:

• Gender: Does not matter
• Age: 25 Years 55 Years
• Highest Education: Minimum Education University
• Degree title: Bachelor’s Degree in Business Administration, Economics, Accounting
• Experience: Minimum Experience 5 Year
• Other experience: Minimum of 5 years relevant work experience in banking operations, risk analysis, auditing, actuarial science, internal control or related fields
• Career Level: Experienced (Non-Manager