Jobs at Rosabon Financial Services

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.
• Highly analytical and love to analyze data to generate information
• Excellent communicator to present and explain your strategies 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 Summary

• The core responsibilities of the Senior Underwriting Analyst (Waivers) is largely to carry out risk assessments of clients’ loan requests that ordinarily do not meet the terms and conditions as contained in the company credit lending policies.
• Special consideration for these class of loan requests provides the company the opportunity to remain competitive and also increase its market but also ensures the company is not unduly exposed.
• The Underwriting Analyst by using various risk assessment tools assesses the risk posed by such requests and provides some mitigating measures to mitigate the likely risk exposure while making recommendations for further processing.

Duties and Responsibilities
The Senior Underwriting Analyst (Waivers) is responsible for:

• Carries out due diligence to determine the creditworthiness of the loan that is contained in the application for “Exceptional Approval. Exceptional Approval Request for this purpose refers to the application made by the sales /business development units department to Executive Management for special consideration on loan requests that fall outside the company’s credit lending policies.
• Review, examine, and carry out a critical analysis of such exceptional approval requests to ascertain loan viability, identify risk issues, and makes sound judgment with justifications with mitigating measures for the loans that qualify for further processing to the next stage and decline the loans that may likely increase the company’s risk exposure.
• Maintains a record of the sources of exceptional approval requests with extreme violations and deficiencies for Management’s attention.
• Provides consistent analysis relating the exceptional approval requests to industry best practices
• Ensures turn-around time for such transactions with exceptional approval requests is minimized to the barest minimum by being timeous in carrying out analysis.
• Carrying out from time to time a comparative analysis of competitors’ methods of handling exceptional loan approval and making recommendations as part of improving the company’s credit lending policies.
• Works closely with the Recovery Analyst and other stakeholders for relevant information to guide decision- making in the consideration of exceptional approval requests
• Reviews and underwrite loan credit facilities request and highlights quality assurance issues that deviate from the company’s lending policies
• Obtain and verify that all loan documentation, such as title documents, loan applications, credit reports, and income and asset declarations are accurate and true
• Ensures adequate documentation of underwritten loans including all the relevant details both for the obligor and the guarantors the ERP and on the individual customer’s files
• Provide inputs and recommendations for improving existing credit lending assessment policies
• Other duties and responsibilities as assigned by Management.

Qualifications

• HND / B.Sc Accounting, Finance, Business Administration, or other relevant fields
• 2 to 3 years relevant experience in Underwriting, Collections, and Recovery
• Strategic thinking; Analytical judgment; Strong interpersonal skills
• Reflectiveness, high attention to detail, Good communication skills
• Optimal decision-making ability, Risk sensitivity, and Motivation to go the extra mile.
• Ability to think on the spot, outside the box, and be innovative.

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Job Summary

• The Head, digital Banking Officer works to ensure all digital channels complaints have gone through sufficient examination, analysis, escalation and reflection, and if possible, rectification by applicable parties.
• He participates in testing and quality assurancesfor key digital projects and ensure successful transition to production.

Duties & Responsibilities

• Develop, implement and support a set of relevant, innovative and comprehensive digital solutions and services to various customer segments
• Develop and lead a strategy to build a new, industry-leading digital platform
• Deploy quantitative and qualitative methodologies in assessing market preferences, and adapting business needs likewise, in inventing and redesigning business solutions.
• Leverage strong fintech/ financial services background in collaborating with IT leadership, to identify new and emerging technologies for digital transformation.
• Identify, develop and deliver new revenue models
• Fuel new ideas and digital products, innovate and experiment
• Build digital partnerships and develop a true digital eco-system via 3rd party API solutions
• Bring ideas, best-practices and innovation not already found within existing team
• Team and digital product supervision. Provide team motivation and ensure uniformity in the understanding of business objectives.
• Strategy and implementation of a new Digital Bank
• Engage closely with the Digital Channels Enterprise Security Risk and Resilience team to assure platform and application releases meet the required penetration and application scan requirements
• Spearhead processes and interactions for the design and deployment of strategic fit-for-market bank products.
• Actively participate with product development and architectural teams to define product requirements, specifications and acceptance testing criteria
• Lead business development for digital products
• Lead the support and operational representatives to achieve client satisfaction for clients using the products
• Promoting teamwork by building an effective team committed to organizational goals
• Define, maintain and update the automation framework
• Train, guide and help various teams and testers in understanding the automation framework and ensure automation scripts are developed using the automation framework.
• Act as checks and balances quality assurance to ensure processes are implemented in the defined technology solution and closing feedback loop as part of the continuous service improvement agenda
• Ensure that all features in production are functioning and issues are properly prioritized
• Develop digital strategies that enable the business to become more competitive, achieve specific business goals, growth the customer base, improve the customer experience and/or operate more efficiently
• Provide sales support for new sales and existing client upsell for the Digital Banking Platform.

Qualifications / Requirements

• Bachelor's Degree and/or Master's Degree in any quantitative field (Business, Mathematics, Economics, Finance, Statistics, Science, Engineering)
• 5 to 7 years’ experience in Digital banking functions
• Experience in client and account management within the financial services industry is desirable
• Experience working with product teams to design/build financial products
• Experience managing mid-market financial institutions in the areas of relationship management, service delivery, and sales
• Experience leading business innovation through change management and technology.
• Strong understanding/focus on digital technologies.
• Strong experience in consumer facing product management and design thinking
• Demonstrated actual practice in scrum/iterative application development, web-oriented architecture, API strategy and Cloud computing
• A proven knowledge of all aspects of the technology stack in a large scale, complex organization is critical.

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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.
• 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 proposes and reviewed policies to multiple internal stakeholders
• In-depth knowledge of IFRS principles and changes.

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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.