Loan Underwriter: Credit Risk & Analysis Expert

Placements24; East London; On-site; ZAR 420,000 - 620,000; Full time

Benefits offered by this job

Competitive salary package

Comprehensive health and retirement

Training and development in creditrisk

Stable, collaborative work environment

Job summary

Placements24 in Queenstown is seeking a diligent Loan Underwriter to assess creditworthiness of loan applicants and manage risk within the banking and finance sector.

You will analyze financial data, review credit reports, and determine lending terms in line with policies and regulatory guidelines. The role offers opportunities for professional growth in credit risk and a collaborative, stable working environment.

Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field.
• Minimum of 3 years of experience in loan underwriting, credit analysis, or a similar role.
• Solid understanding of credit principles, financial analysis, and risk assessment.
• Knowledge of relevant banking and lending regulations.
• Strong analytical and problem-solving skills with keen attention to detail.
• Excellent communication and decision-making abilities.

Responsibilities

• Analyze loan applications, financial statements, credit reports, and other relevant documentation.
• Assess the credit risk and determine appropriate lending terms.
• Ensure underwriting decisions comply with policies, standards, and regulatory requirements.
• Communicate decisions and requirements clearly to loan officers and applicants.
• Identify potential fraud indicators and escalate suspicious applications.
• Maintain accurate records of underwriting decisions and supporting documentation.

Skills

Credit analysis

Risk assessment

Financial analysis

Regulatory compliance

Analytical thinking

Communication skills

Decision making

Education

Bachelor's degree in Finance or related field

Job description

Placements24 in Queenstown is seeking a diligent Loan Underwriter to assess creditworthiness of loan applicants and manage risk within the banking and finance sector.

You will analyze financial data, review credit reports, and determine lending terms in line with policies and regulatory guidelines. The role offers opportunities for professional growth in credit risk and a collaborative, stable working environment.