Underwriting Officer at Stresert Services Limited

Our client, who is a major player in the financial services sector is currently looking to hire an Underwriting Officer for their outfit in Ilupeju, Lagos.

Job Summary:
Responsible for analyzing and monitoring the credit worthiness of new business prospects and existing clientele

Reporting line: Head, Operations

JOB DESCRIPTION:

Strategic:
Coordinate the loan underwriting process including requesting, collecting, and managing required documentation
Prepare, distribute and maintain Due Diligence Checklists and update same regularly to meet target underwriting   goals

Operational:

• Review loan documents for accuracy, completeness, and adherence to approval conditions
• Structure and recommend loans based on risk considerations and submit credits for appropriate approval
• Works closely with relevant teams to monitor existing portfolio to ensure proper risk ratings and early identification   of potential problems. Collect, review and advise relevant stakeholders regarding receipt and status of all   underwriting documentation
• Contact clients to obtain all necessary information and clarification on financial analysis, and resources
• Establish loan files in designated software and ensure electronic and hard copy documentation is placed in appropriate location
• Order and obtain reports and verifications from external parties

Key Competencies & Experiences

• Minimum of 3 years’ cognate work experience in a similar role in the same industry within a reputable organization
• Solid analytical skills in credit analysis and financial statement analysis
• Interviewing and probing skills
• Proficient at preparing and presenting credit approval memos
• Inquisitive, with good eyes for details

General Competencies

• Ability to work well under pressure
• Good with the use of MS Office suite i.e. Word, Excel and PowerPoint
• Strong organizational skill
• Initiative and drive the document request, collection and underwriting process ability to work independently and in a reliable manner
• Team work and effective communication

Educational Qualifications:

• First degree in Accounting, Finance, Business Admin or related discipline
• Masters in Finance or related specialism will be an advantage

Certifications:
Relevant certifications (e.g. ICAN, ACCA, ISO, Basel, FRM etc.)