Underwriter

The Legends Agency; Cape Town; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A financial services firm in Cape Town is looking for a professional to assess and evaluate loan applications submitted by small and medium-sized businesses in Ireland. The role requires strong analytical skills and collaboration with various teams to streamline the lending process. The ideal candidate will perform detailed financial assessments and contribute to the development of underwriting policies specific to the Irish market.

Qualifications

• Strong analytical and financial assessment skills.
• Experience in evaluating loan applications and creditworthiness.
• Ability to collaborate with cross-functional teams.

Responsibilities

• Assess and evaluate loan applications from small and medium-sized businesses.
• Perform financial and risk assessments to determine creditworthiness.
• Coordinate with teams to ensure timely disbursement of funds.

Job description

• Assess and evaluate loan applications submitted by small and medium-sized businesses in Ireland. This includes identifying revenue sources, reviewing both personal and business credit histories, analyzing banking and open banking data, examining financial statements, and conducting online due diligence.
• Perform detailed financial and risk assessments to determine creditworthiness, and support lending decisions in line with internal criteria
• Participate in client calls, particularly for higher-value applications, to better understand borrower needs and assess suitability
• Coordinate with the operations team to ensure timely disbursement of funds, set up automated repayments, and establish facilitator accounts as needed.
• Work collaboratively with cross-functional teams including operations, sales, technology, and partnerships to streamline the lending process.
• Support the collections and legal teams by tracking loan performance and assisting with recovery actions when necessary.
• Keep informed about economic conditions, regulatory changes, and market developments relevant to the Irish lending landscape.
• Contribute to the ongoing improvement of underwriting policies and procedures tailored to the Irish market.
• Collaborate with the tech team to design and develop automated underwriting workflows, including integrations with data providers and open banking platforms
• Reviews and develops underwriting policies and processes specific to the Irish market
• Helping tech team scope out and build automated processes for underwriting (including building integrations to processing partners, openbanking APIs