Senior Loan Underwriter: Risk Analysis & Growth

Placements24; Upington; Hybrid; ZAR 360,000 - 540,000; Full time

Job summary

Placements24 in Upington is seeking an experienced Loan Underwriter to evaluate loan applications, assess credit risk, and make informed approval decisions. You will work with loan officers to ensure prudent lending practices and portfolio growth.

You will apply strong credit and financial analysis skills, maintain regulatory compliance, and structure terms to mitigate risk while supporting the company's financial objectives.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field.
• 3+ years of loan underwriting experience (commercial, residential, or personal loans).
• Strong credit analysis, financial statement analysis, and risk assessment.
• Knowledge of lending regulations and compliance requirements.
• Proficiency in loan origination software and Microsoft Excel.
• Excellent analytical, decision-making, and problem-solving skills.

Responsibilities

• Review and analyze loan applications, including financial statements, credit reports, and collateral appraisals.
• Assess borrower creditworthiness and determine the level of risk for each loan.
• Ensure underwriting decisions comply with policies, procedures, and lending regulations.
• Approve or deny loan applications based on guidelines and risk assessment.
• Structure loan terms, conditions, and collateral requirements to mitigate risk.
• Communicate loan decisions and requirements clearly to loan officers and applicants.

Skills

Credit risk analysis

Financial statement analysis

Underwriting

Regulatory compliance

Education

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

Tools

Excel

Loan origination software

Job description

Placements24 in Upington is seeking an experienced Loan Underwriter to evaluate loan applications, assess credit risk, and make informed approval decisions. You will work with loan officers to ensure prudent lending practices and portfolio growth.

You will apply strong credit and financial analysis skills, maintain regulatory compliance, and structure terms to mitigate risk while supporting the company's financial objectives.