Underwriting Executive - Rivers, Nigeria - The Concept Group

    The Concept Group
    The Concept Group Rivers, Nigeria

    2 weeks ago

    Default job background
    Full time
    Description

    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.