Senior Credit Underwriter

Responsibilities

• Educate and adopt best practices in credit analysis, underwriting and monitoring, including the end-to-end underwriting process, from early lending discussions with Sales teams to development of credit approval memos for senior management and risk committee approval forums
• Conduct detailed review and due diligence of lending applications, including financial analysis, business projection modelling and viability, stress testing and other in-depth analysis required to support sanctioning of large-ticket loans
• Monitor and maintain portfolio health of the sector and conduct regular credit reviews and ad-hoc deep-dives to continually assess portfolio performance
• Drive positive change in the maturity of the underwriting framework and strategy
• Engage in continual interaction with a broad range of functions and stakeholders to drive credit risk maturity across the business
• Facilitate Risk initiatives and pilots by reviewing credit data
• Conduct periodic reviews of individual bad debts
• Work with Head of Credit Risk Analytics and Chief Risk Officer to continually assess and define lending thresholds and parameters to ensure a balanced risk-based approach that supports business growth objectives
• Continually innovate and identify areas of risk and opportunity within portfolio, leveraging key data sources and indicators and subjective matter expertise
• Work closely with Sales, Product and Data Engineering teams to support new strategic product initiatives to drive growth objectives

Requirements

• Significant experience underwriting SME and Large Corporate loans gained from a leading Financial Institution within Nigeria, primarily for businesses within the financial industry sector
• Highly experienced in the end-to-end underwriting process for large ticket loans up to 5Bn NGN
• Expert in financial assessment of SME and Large Corporates using a broad range of data sources such as Financials, Audited Accounts and Bank Statements
• Expert in understanding headwinds and opportunities within the industry sector with detailed knowledge of macroeconomic and regulatory factors impacting this sector
• Experienced in assessment of collateral and covenants to mitigate risk across secured and unsecured lending
• Strong awareness of Compliance and the Regulatory environment within Nigeria
• Demonstrable experience of underwriting best practice and standards
• Significant expertise underwriting large ticket up-to 5Bn NGN SME/Large-Corporate loans within Nigeria in the industry sector
• Diligence and strong attention to detail
• Data driven and logical thinker
• Strong analytical skills
• Excellent communication skills, both verbal and written
• Ability to work autonomously
• Ability to use an analytical approach to problem-solving
• Strong team player
• High ethical and professional standards

Benefits

• Culture that puts people first and prioritises the well-being of every team member
• Company where all opinions carry weight and all voices are heard
• Learning and development-focused environment with emphasis on knowledge sharing, training, and regular internal technical talks
• Attractive salary plus other benefits