Commercial Credit Underwriter

Job Description

We are seeking an experienced Commercial Credit Underwriter to join our team in Johannesburg. The successful candidate will evaluate and underwrite commercial credit applications, ensuring alignment with company policies and regulatory standards. Strong analytical skills and a thorough understanding of financial statements are essential in this role.

Responsibilities

• Review lending policies regularly and suggest improvements.
• Conduct audits on underwritten loans to ensure compliance.
• Develop training materials for junior staff on credit evaluation standards.
• Respond to inquiries regarding underwriting decisions from management and clients.
• Utilize credit scoring models to enhance decision-making processes.

Requirements

Education

• Bachelor's Degree in Finance or Business Administration
• Professional qualifications in finance or credit risk are preferred

Experience

• 3-5 years' experience in commercial underwriting

Technical Skills

• Credit Scoring Models
• Loan Origination Software

Soft Skills

• Analytical Skills
• Interpersonal Skills

Certifications

• Professional Credit Underwriter Certificate
• Financial Risk Manager (FRM)

Languages

• English: Fluent

Advantageous

• Experience with Financial Modeling: Ability to build financial models to assess potential credit risks.
• Regulatory Knowledge: Up-to-date knowledge of financial regulations affecting credit institutions.

Benefits

• Comprehensive health and wellness programs
• Generous leave policies
• Training and professional development opportunities
• Performance bonuses based on metrics

Company Culture

• Innovation-Driven: Our culture is built on innovation, encouraging team members to contribute ideas for improvement.
• Work-Life Balance: We promote a healthy work-life balance among our employees.
• Recognition: We celebrate achievements and recognize the contributions of our team members.