Senior Loan Underwriter — Risk, Analysis & Growth

Placements24; Paarl; Hybrid; ZAR 420,000 - 540,000; Full time

Benefits offered by this job

Competitive salary

Benefits package

Professional development

Supportive Paarl office

Job summary

Placements24 in Paarl is seeking a meticulous Loan Underwriter to assess loan applications, analyze borrower credit histories, and ensure compliance with lending policies.

You will evaluate financial statements and collateral, communicate underwriting decisions to loan officers, and monitor portfolios for emerging risks.

Requirements include a Bachelor's degree in Finance or related field, at least 3 years in underwriting, proficiency with underwriting software and MS Excel.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• 3+ years in loan underwriting, credit analysis, or related banking role.
• Strong understanding of credit principles, financial analysis, and lending regulations.
• Proficiency in using underwriting software and MS Office Suite, particularly Excel.
• Excellent analytical, decision-making, and problem-solving skills.

Responsibilities

• Review and analyze loan applications, including credit reports, financial statements, and supporting documentation.
• Assess the creditworthiness of borrowers and determine the level of risk for each loan.
• Ensure all loan decisions comply with underwriting guidelines, policies, and regulations.
• Communicate with loan officers and applicants to gather information and explain underwriting decisions.
• Monitor the loan portfolio for risk and identify emerging trends or issues.

Skills

Credit principles

Financial analysis

Lending regulations

Analytical thinking

Decision-making

Problem-solving

Education

Bachelor's degree in Finance, Accounting, or Economics

Tools

MS Office Suite

Underwriting software

Excel

Job description

Placements24 in Paarl is seeking a meticulous Loan Underwriter to assess loan applications, analyze borrower credit histories, and ensure compliance with lending policies.

You will evaluate financial statements and collateral, communicate underwriting decisions to loan officers, and monitor portfolios for emerging risks.

Requirements include a Bachelor's degree in Finance or related field, at least 3 years in underwriting, proficiency with underwriting software and MS Excel.