Underwriting Executive at The Concept Group

JOB SUMMARY

The Underwriting Executive must be able to Underwrite the credit worthiness of customers in other to mitigate the overall risk of the company.

DUTIES & RESPONSIBILITIES

• Reviewing and analyzing the creditworthiness of all potential customers based on risk criteria.
• To evaluate all quantitative details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.
• Reviewing application for credit facilities with a view to point out deviations from the company’s credit policy and highlight quality assurance issues in credit proposals received from business areas.
• Performing various departmental functions including loan covenant monitoring, risk rating, audit preparation and recovery as assigned by HOD.
• Ensure Credits requiring amendments are communicated to the business areas to amend as appropriate. To evaluate all quantitative details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.
• To communicate to the business areas the credit corners and the quality assurance issues for responses/resolutions.
• Ensuring that all credit approvals, KYC are in place documentation is duly executed and that the company’s interest is well protected.
• Conducting credit search (CRS & CRC Report) on credit bureau database.
• Conducting Email Verification & preparing Transaction Consummation Report.
• Reviewing transactions for final checklist and approval.

Job Knowledge

• Must be abreast with the current reporting standard.
• Ability to interpret financial statement.
• Skills/Competencies
• Must be analytical.
• Must be technologically savvy
• Sound knowledge of Excel.
• High level of meticulousness is needed.