Credit Risk Underwriter

Placements24; Kempton Park; Híbrido; ZAR 350.000 - 550.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Competitive salary

Medical aid

Retirement fund contributions

Paid leave

Professional development

Training in credit risk

Mentorship

Hybrid office

Descripción de la vacante

Placements24 in South Africa is seeking a diligent Credit Risk Underwriter for a hybrid role based at our Tembisa branch. You will assess credit applications, review financial statements, and apply risk models to determine loan terms.

The ideal candidate holds a bachelor’s degree in Finance, Economics, or related field, with at least 3 years’ experience in credit analysis within banking. Strong analytical and communication skills are essential.

Formación

• Bachelor’s degree in Finance, Economics, Business Administration, or related field.
• Minimum of 3 years’ experience in credit analysis or underwriting in banking.
• Strong financial statement analysis and risk assessment knowledge.
• Proficient in loan origination and CRM software.
• Excellent analytical and communication skills.
• Ability to work in a hybrid work model.
• Knowledge of South African financial regulations is advantageous.

Responsabilidades

• Analyze financial statements, credit reports to assess creditworthiness.
• Determine loan limits, terms, and conditions based on risk and policy.
• Approve or decline applications per guidelines and risk appetite.
• Monitor existing portfolios for changes in risk and recommend actions.
• Communicate status with loan officers, clients, and stakeholders.
• Ensure compliance with regulations governing credit lending.
• Contribute to underwriting process improvements.
• Prepare reports on portfolio performance and risk exposure for management.

Conocimientos

Analytical skills

Decision making

Problem solving

Communication

Educación

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

Herramientas

CRM software

Descripción del empleo

About the Role

Our client is seeking a diligent and detail-oriented Credit Risk Underwriter to join their growing financial services division. This hybrid role will involve a combination of remote work and in-office presence at our Tembisa branch, offering a balanced approach to professional life. You will be responsible for evaluating credit applications, assessing the financial viability of borrowers, and making informed decisions to mitigate risk for the institution. This position is critical in maintaining the integrity of our loan portfolio and ensuring sustainable business growth. The successful candidate will possess strong analytical skills, a thorough understanding of credit principles, and a commitment to providing excellent service.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant documentation to assess the creditworthiness of individuals and businesses.
• Determine appropriate loan limits, terms, and conditions based on risk assessment and company policies.
• Approve or decline credit applications in accordance with established guidelines and risk appetites.
• Monitor existing loan portfolios for changes in risk profiles and recommend appropriate actions.
• Communicate effectively with loan officers, clients, and other stakeholders regarding application status and underwriting decisions.
• Ensure compliance with all relevant regulations, laws, and internal policies governing credit lending.
• Contribute to the continuous improvement of underwriting processes and guidelines.
• Prepare reports on credit portfolio performance and risk exposure for management review.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 3 years of experience in credit analysis, underwriting, or a similar role within the banking sector.
• Solid understanding of financial statement analysis, credit scoring models, and risk assessment techniques.
• Proficiency in using loan origination and CRM software.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong interpersonal and communication skills, with the ability to negotiate and explain complex financial information.
• Ability to work effectively both independently and as part of a team, adapting to a hybrid work model.
• Knowledge of South African financial regulations is advantageous.

Benefits

• Competitive salary package with potential for performance-based incentives.
• Comprehensive medical aid and retirement fund contributions.
• Paid leave days and public holidays.
• Opportunities for professional development and career advancement within the organization.
• Access to ongoing training in credit risk management.
• Supportive team environment with mentorship opportunities.
• Modern office facilities with amenities for hybrid workers.