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 and Responsibilites

• 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.

Qualifications

• Interested candidates should possess a Bachelor’s Degree with at least 3 years experience.

Job Knowledge:

• Must be abreast with the current reporting standard.
• Ability to interpret financial statement.

Skills/Competencies:

• Must be analytical.
• Must be technologically savvy
• Sound knowledge of Excel.
• High level of meticulousness is needed.