• Application Deadline: Fri, 11 Oct 2024 00:00:00 GMT
• Position: Credit Underwriter


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 4 years


• Location Lagos


• City Yaba


• Job Field Sales / Marketing / Retail / Business Development 
  

Job Summary

• The Underwriting Executive must be able to Underwrite the credit worthiness of customers in order 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 quantave details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.


• Review applications for credit facilities 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 rang, 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 to make objective decisions based on empirical facts from the 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 and 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 consumption reports.


• Reviewing transactions for final checklist and approval.

Requirements

• Candidates should possess Bachelor's Degrees with 2 - 4 years relevant work experience.