• (Junior) Loan Underwriter at Seedstars

    work Seedstars
    placeLagos
    Date Posted: 2019-03-18

    Seedstars - We are hiring (Junior) Loan Underwriters for our client, InvoizPAID Nigeria, a high growth portfolio company of Seedstars, focusing on SME lending in all areas

    About the Job

    • As a (Junior) Loan Underwriter (m/f), you are responsible for a portfolio of Nigerian SME customers. You will have the primary responsibility for loan quality and compliance.
    • You will ensure that approved loans meets regulatory requirements, internal Lending Policy and Standard Operation Procedures (SOP's).

    Key Responsibilities

    • Underwrites loans requests in a manner that is compliant with internal Lending Policies, SOP's, including guidelines. .
    • Decide regularly which loans may be terminated and supervise the termination process.
    • When necessary assists in processing applications by performing processing functions including Member contact updates, third party communication, and other processing or loan closing tasks.
    • Ensures that Loan Operating System (LOS) is updated in all required areas on a daily basis.
    • Work closely with our Legal Department and Risk Management.
    • Improve our internal and external processes.
    • Ensures that loan turnaround times for period from receipt of completed application to credit approval then funding are met.
    • Underwriting loans.

    Your Profile

    • At least 2 years of professional experience in banking / finance / receivables management.
    • Very good knowledge of evaluating the risk requirements of SME loans and develop the risk management plan in accordance with the contract requirements in liaison with the Business Development Manager.
    • Can perform quantitative analysis in accordance with the Risk Management Plan; cost and schedule risk analysis.
    • Professional level using Microsoft Excel.
    • Able to identify and analyze risk associated with multitude of exposures.
    • Teamwork as well as the ability and willingness to find your way around in a dynamic environment.
    • E-commerce experience is an added advantage.
    • Ability to spot loan discrepancies.

    Benefits and Perks

    • A steep learning curve in an innovative industry; including plenty of responsibility and conceptual freedom.
    • Extensive learning opportunities for personal and professional growth.
    • Fast track leadership opportunities in line with performance.
    • An international team of experts who inspire and support you.
    • Regular get-togethers, team building events, barbecues, and parties
    • Typical Start-up perks: flexible working hours, company healthcare plan, pension scheme, etc.

    Method of Application

    Interested and qualified candidates should click here to apply


    work Seedstars

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