Senior Loan Underwriter: Risk & Credit Analysis

Placements24; Waukee (IA); On-site; USD 22,000 - 36,000; Full time

Benefits offered by this job

Competitive salary

Medical and retirement benefits

Professional development opportunities

Stable, growth‑oriented financial firm

Supportive team environment

Job summary

Placements24 in Paarl seeks a meticulous and analytical Loan Underwriter to join the team, evaluating loan applications to assess risk and determine eligibility for clients in the banking and finance sector.

You will review financial documentation, verify information, and make sound approval or denial decisions based on credit policies and risk parameters, while maintaining accuracy and regulatory awareness. Expected collaboration with loan officers and stakeholders to ensure timely processing.

Qualifications

• Bachelor's degree required in finance, business administration, or related field.
• Minimum 3 years in loan underwriting or credit analysis.
• Strong knowledge of credit risk assessment and lending principles.

Responsibilities

• Analyze loan applications, including credit reports and financial statements.
• Assess borrower risk and determine loan eligibility per policies.
• Verify accuracy and completeness of applicant information.
• Document rationale for approvals, rejections, or modifications.
• Communicate status and requirements with loan officers and borrowers.
• Stay updated on lending regulations and market conditions.

Skills

Credit risk assessment

Financial statement analysis

Lending principles

Analytical thinking

Attention to detail

Education

Bachelor's degree in Finance, Business Administration, or related field

Tools

Loan origination systems

Financial software

Job description

Placements24 in Paarl seeks a meticulous and analytical Loan Underwriter to join the team, evaluating loan applications to assess risk and determine eligibility for clients in the banking and finance sector.

You will review financial documentation, verify information, and make sound approval or denial decisions based on credit policies and risk parameters, while maintaining accuracy and regulatory awareness. Expected collaboration with loan officers and stakeholders to ensure timely processing.