Senior Commercial Property Underwriter

Recruit Digital; Johannesburg; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a Credit Underwriter to join their global Credit Risk team. This managerial role involves overseeing a team of analysts, conducting credit assessments, and providing macroeconomic insights for the oil marketing division. The ideal candidate will have a strong background in credit risk, financial analysis, and excellent communication skills. With a focus on portfolio management and stakeholder relations, this position offers a dynamic work environment where your expertise will contribute to critical decision-making processes. Join a forward-thinking company that values innovation and teamwork!

Qualifications

• 8+ years in Credit Risk / Underwriting in finance-related fields.
• Strong analytical and problem-solving skills required.

Responsibilities

• Oversee a team of credit underwriting analysts and provide guidance.
• Conduct credit assessments and manage complex financial portfolios.

Skills

Credit Risk Assessment

Financial Analysis

Portfolio Management

Communication Skills

Problem-Solving

Time Management

Analytical Skills

Coding (VBA, PowerBI, Python)

Education

Bachelor's Degree in Finance or Related Field

Postgraduate Qualifications

Relevant Certifications (e.g., CFA, CIMA)

Tools

Microsoft Office (Excel, PowerPoint, Access)

PowerBI

Job description

My client is looking for a Credit Underwriter at the managerial level to join their team.

This role involves being part of the global Credit Risk team, providing credit risk advisory reporting and macroeconomic analysis for the oil marketing division. The successful candidate will manage and mentor a team of underwriting analysts while overseeing the credit risk process. This includes conducting credit risk assessments, portfolio management, and ensuring compliance with key performance indicators (KPIs). The position requires expertise in handling complex credit structures, asset valuations, and a variety of atypical credit risks in a global portfolio.

Duties & Responsibilities

Primary Tasks & Key Responsibilities:

• Team Management: Oversee a team of credit underwriting analysts, providing support and guidance.
• Credit Assessments: Conduct limit and rating setting, as well as reassessments for specific portfolios within the global oil marketing division.
• Financial Analysis: Perform detailed financial analysis, including spreading financial data and assessing credit risk appetite.
• Portfolio Management: Handle complex reviews involving asset valuations and financial structures (e.g., investments, loans, assets).
• Monitoring & Reporting: Monitor portfolio triggers, escalate issues as necessary, and report on credit risk performance and sector trends.
• Sovereign & Sector Analysis: Provide in-depth analysis on relevant sovereigns and sectors.
• Macroeconomic Analysis: Produce and present macroeconomic insights and commentary for the portfolio.
• Cross-functional Reporting: Manage global oil credit risk reporting and communication with senior stakeholders.
• Stakeholder Relations: Build strong relationships with senior management and the commercial credit team.
• Project Involvement: Participate in local and global credit-related projects.

Key Relationships

• Credit teams (London, New York, Singapore)
• Senior Risk Management teams
• Other Risk functions

Qualifications

• Bachelor's Degree (preferably in finance, risk management, accounting, economics, or business studies).
• Postgraduate qualifications are beneficial.
• Relevant certifications (e.g., Chartered Accountant, Chartered Financial Analyst, Chartered Institute of Management Accountants) are a plus.

Work Experience & Skill Requirements

• Minimum 8 years of experience in Credit Risk / Credit Underwriting within mining, commodity trading, banking, insurance, or consultancy.
• Financial analysis experience is advantageous.
• Proficiency in coding (e.g., VBA, PowerBI, Python) is a plus.
• Proficient in Microsoft Office (Excel, PowerPoint, Access).
• Strong communication skills, both written and verbal.
• Ability to work independently and in a rapidly changing team environment.
• Exceptional time management and multitasking abilities.
• High attention to detail and data accuracy.
• Numerate with strong problem-solving and analytical skills.
• Proactive, committed, and highly motivated.
• Flexible, adaptable, entrepreneurial, with a high level of initiative.

How to Apply

Please send your CVs to the provided contact. If you do not hear from us within two weeks, please consider your application unsuccessful.

Package & Remuneration

Market-related

Key Skills

Loan Processing, Computer Skills, Fraud, Math, Banking, Pricing, Analysis Skills, Fair Housing Regulations, Underwriting, Financial Analysis, Negotiation, Phone Etiquette