Senior Credit Underwriting Executive at the Concept Group

The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Financial Intermediary and Equipment Leasing Company, Concept Nova - Bespoke Enterprise IT Solutions Company, Percy Aitkins - Bureau De Change.

We are recruiting to fill the position below:

Job Title: Senior Credit Underwriting Executive

Location: Lagos
Employment Type: Full-time

Overview

• The Senior Credit Underwriting Executive is largely responsible for interpreting and implementing guidelines for the underwriting team.
• He / She regularly carry out risk assessments for various individuals and groups, by using various risk assessment tools, assesses the risk posed by a client or clients' requests to the company in order to minimize, mitigate, or totally prevent unnecessary costs for the company and/or expose it to high risks.

Job Description / Duties

• Reviewing & analyzing the credit worthiness of all potential customers based on risk criteria.
• Performing various departmental functions including loan covenant monitoring, risk rating, audit preparation, and recovery when assigned by HOD.
• Reviewing applications 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.
• To evaluate all quantitative details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.
• Ensures turn-around time for each transaction is minimized to the barest minimum.
• Ensures the creditworthiness of each transaction especially those above the level of junior underwriters by preparing, reviewing, and analyzing risk criteria of potential customers.
• Reviewing applications 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.

Job Requirements

• B.Sc qualification in any Risk or Finance related course.
• Required Qualification: BA / BSc / HND, MBA / MSc / MA.
• A minimum of 7 years progressive experience in Underwriting.

Application Closing Date
Not Specified.