(Junior) Loan Underwriter at InvoizPAID Nigeria - Seedstars

Seedstars - Our client, InvoizPAID Nigeria is a high growth portfolio company of Seedstars, focusing on SME lending in all areas. Our vision is to become the leading champion in SME lending for the common man in Nigeria while developing revolutionary fin-tech products that will change the whole conservative lending industry. Being a part of this ambitious project is what drives us every day and makes us achieve the best results for our clients and reach our ambitious goals.

We are recruiting to fill the position below:

Job Title: (Junior) Loan Underwriter

Location: Lagos, Nigeria
Job Type: Full Time

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.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: We are an equal opportunity employer and since we have more than 30 nationalities represented in our company, we truly value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.