Job Openings at Rosabon Financial Services Limited

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.

Requirements:

• B.Sc. in Finance, Accounting or any relevant field.
• Minimum of 2 years and above experience with a financial background.
• A knack for figures and passionate about analysis and process optimization.
• Must be abreast with the current reporting
  standard.
• Ability to interpret financial statement.
• In-depth knowledge of IFRS principles and changes.
• Ability to effectively lead and direct a team and drive developed strategies.

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Job Summary

• The Underwriting Fraud Strategist will perform various duties to protect the credit underwriting unit and the entire organization from known or suspected internal or external fraudulent activities, with a primary focus on detecting, preventing and following policies and procedures to ensure the reduction of potential losses.
• The analyst proactively prevents fraud/loss by analyzing fraud patterns/trends, and monitors high-risk account activity.
• Coordinates activities to resolve and prevent fraud across the organization.

Duties & Responsibilities

• Interacts with members as needed who are reporting fraudulent activity.
• Reviews suspicious accounts for potential fraud.
• Reviews suspicious documentation submitted for both new transactions and loans.
• Review and Process all consumer statements on credit bureaus.
• Assist the Compliance department in compiling relevant information and narrative to make the determination if needed.
• Analyzes and conducts investigations of potentially fraudulent activity, to ensure minimal loss to the organization.
• Coordinates cross-functional communication, to resolve fraud situations and provides recommendations to resolve fraud.
• Collaborates with the internal audit department to monitor the underwriting activities, prevent and mitigate risks and potential losses.
• Maintains the fraud analytics database, tracks fraud trends and statuses of various types of fraud.
• Periodically train and educate the underwriting team to identify and respond to potential fraud trends and situations.
• Develop, build and prioritize risk into classes
• Compiles various reports for management, to update the status of current investigations, and necessary actions
• needed to either mitigate.
• Develops, maintains, and implements policies/procedures to detect and prevent fraudulent activity.
• Assists the internal audit and compliance analyst in investigating suspicious activity on account.

Requirements

• The ideal candidate should have 2 years and above experience with a financial background.
• A knack for figures and passionate about analysis and process optimization.
• In-depth knowledge of IFRS principles and changes.
• Proven experience in recognizing fraudulent items and items that merit more detailed analysis by
• reviewing accounts and transactions to determine fraud trends.
• Broad knowledge of the operations of a financial institution.

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Job Summary

• Underwriting Portfolio and Strategist will carefully monitor the underwriting unit’s portfolio and constantly optimizing same for effective performance, as well as translating and communicating high-level directions for ‘front line’ underwriters, i.e., underwriters assessing risks on individual accounts, to follow.

Duties & Responsibilities

• Develop strategies that can enable risk control.
• Demonstrate a high degree of empathy for the business and customers, and bring creativity and structured
• thinking towards portfolios management and policy design/implementation.
• Develop strategies to determine loan risk and customer behavioral trend.
• Partner with business units and other stakeholders to develop credit strategies to meet business goals
• Monitor the existing policies and develop new ones to ensure that the portfolio quality is within expectations
• while enabling business growth.
• Keep abreast of latest analytical tools and techniques and use them to develop strategies
• Act as gatekeepers to ensure adequately priced and fairly selected exposures are entering the company’s books.
• Monitor competition’s contracts and strategies and with it, ensure adequate benchmarks in line with the
• company’s risk appetite.
• Assist the sales department to understand how and why certain product features and customers help or hinder risk mitigation and may influence the books.
• Liaise with the product department to analyze all products and product features, and consequently, design an effective strategy around first level analyses before disbursement.

Requirements

• B.Sc in Finance, Accounting or any relevant field.
• Have 2+ years of experience managing credit for unsecured lending portfolios
• Highly analytical and love to analyze data to generate information
• Excellent communicator to present and explain your strategies to multiple internal stakeholders
• In-depth knowledge of IFRS principles and changes.

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Job Summary

• Underwriting Policy Strategist will carefully monitor the underwriting unit’s policies and constantly define necessary policies, optimizing same for effective performance, as well as translating and communicating high-level directions for ‘front line’ underwriters, i.e., underwriters assessing risks on individual accounts, to follow
• This opportunity is also responsible for effectively guiding every single intermediary step and decision in the underwriting activities, resulting ultimately, to a perfectly executed underwriting strategy.

Duties & Responsibilities

• Develop strategies that can enable risk control.
• Collaborate with strategic business leaders in designing and implementing strategic credit analysis policies, as well as driving same to ensure optimal performance.
• Develop strategies to determine loan risk and customer behavioral trend.
• Partner with business units and other stakeholders to develop credit strategies to meet business goals
• Monitor the existing policies and develop new ones to ensure that the portfolio quality is within expectations while enabling business growth.
• Keep abreast of latest analytical tools and techniques and use them to develop strategies
• Act as gatekeepers to ensure adequately priced and fairly selected exposures are entering the company’s books.
• Monitor competition’s contracts and strategies and with it, ensure adequate benchmarks in line with the company’s risk appetite.
• Liaise with the product department to analyze all products and product features, and consequently, design an effective strategy around first level analyses before disbursement.

Requirements

• B.Sc. in Finance, Accounting or any relevant field.
• Highly analytical and love to analyze data to generate information
• Excellent communicator to present and explain your proposes and reviewed policies to multiple internal stakeholders
• Have 2+ years of experience managing credit for unsecured lending portfolios
• In-depth knowledge of IFRS principles and changes.

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Job Description

• This role ensures the accuracy of all bank reconciliation officers checks and balances of postings into the ERP vis-à-vis bank ledger. The role supervises the bank reconciliation officers.
• The role is to ensure quality and near perfect data accuracy of posted payments by thorough second-level checks carried out by bank reconciliations officers.

Duties& Responsibilities
Data Assurance Supervisor:

• Review all data for errors and report any unusually findings to management.
• Collect and determine completed of all information posted into the ERP vis-à-vis bank ledger.
• Generate weekly and monthly reports regarding sales information or areas to be improved upon.
• Ensure proper updates of required software and train existing/new posting officers as needed on company processes.
• File and organize paperwork used to enter data into programs to keep a record of original documents.
• Any other tasks as may be assigned by management.

Qualifications/Requirements

• Bachelor's Degree in Finance, Accounting, Economics, Mathematics, Industrial Engineering, Statistics or related Degree.
• 3+ years of relevant experience with knowledge of commercial credit risk strategies.
• Advanced skills in Excel, Word, PowerPoint, required.
• Superior communication, organization and presentation skills desired.
• Experience with and in the use of IFRS.

Job Knowledge:

• Strong knowledge of accounting principles and comfort with evaluating financial statements and business models across a range of industries.
• Must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.
• Possess a working knowledge of consumer credit risk management and sound market and industry knowledge.
• Have an understanding of the key drivers of consumer loan/credit card financials and the underlying consumer behaviors that drive those financials.

Skills/Competencies:

• Excellent communication/ interpersonal skills.
• Ability to manage relationships across diverse groups of people.
• Result-oriented.
• Ability to work with minimum supervision and function in multicultural and multidisciplinary environment.
• Must be a helpful, calm and professional individual with a strong time management skills.
• Ability to handle several complex tasks simultaneously and also coordinate key projects with a variety of stakeholders.
• Top-notch strategy, presentation and communication skills.
• Self-starter with the drive for continuous improvement and excellence.
• Ability to work under pressure and cope with stress in a coordinated and rational manner. It is essential that they can make sound and rational decisions even under stressful/ high pressure situations.