Concept Group Lead Underwriter Jobs in Nigeria
Concept Group Lead Underwriter Jobs in Nigeria
Details The Lead Underwriter is largely responsible for interpreting and implementing guidelines for the underwriting team.
He/she regularly carry out risk assessments for various individuals and groups, by using various risk assessment tools, assesses the risk posed by a client or clients' requests to the company in order to minimize, mitigate or totally prevent unnecessary costs for the company and/or expose it to high risks.
The Lead Underwriter is also in charge of coming up with policy packages that meet the needs of various clients, while still maintaining company profitability.
Job Description / Duties
Reviewing & analyzing the creditworthiness of all potential customers based on risk criteria.
Performing various departmental functions including loan covenant monitoring, risk rating, audit preparation and recovery when assigned by HOD
Reviewing application for credit facilities with a view to pint out deviations from the company's credit policy and highlight quality assurance issues in credit proposals received from business areas.
To evaluate all quantitative details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.
Generating and ensuring that all reports as regards Underwriting and Collections are efficiently and effectively carried out
Implementing policies to guide the activities in Underwriting and Collections and Recovery
Ensures turn-around time for each transaction is minimized to the barest minimum.
Ensures the credit worthiness of each transaction especially those above the level of junior underwriter by preparing, reviewing and analyzing risk criteria of potential customers
Develops and implements strategies for effective credit assessment
Reviews application of credit facilities and pointing deviations from the company's credit policy.
Highlights quality assurance issues in credit proposals received from business areas.
Ensuring client details, loan
amounts, interest rate, guarantor's details are appropriately booked
To communicate to the business areas the credit corners and the quality assurance issues for responses/resolutions.
Ensuring that all credit approvals, KYC are in place documentation is duly executed and that the company's interest is well protected.
Conducting credit search (CRS & CRC Report) on credit bureau database.
Conducting Email Verification & preparing Transaction Consummation Report.
Reviewing transactions for final checklist and approval.
Job Requirements
B.Sc qualification in any Risk or Finance related course.
Required Qualification: BA / BSC / HND, MBA / MSC / MA
A minimum of 7 years progressive experience in Underwriting.
Skills and Requirements:
Exceptional organizational skills.
Excellent numeracy savvy.
Great creative, visionary, and critical thinking skills.
How to Apply
Interested and qualified candidates should send their CV to:
careers@conceptgroup-ng.com using the Job Title as subject of the email.
Find Latest Jobs in Nigeria Today - Recruitment in Nigeria Job - Nigerian Jobs - in Nigeria - Job Vacancies in Nigeria
Search our career portal & find the latest Nigerian job positions, career opportunities & jobs in Nigeria.
Jobs in Nigeria - banking jobs in Nigeria, IT jobs in Nigeria, accounting jobs in Nigeria, NGO jobsin Nigeria, business administration in Nigeria, ICT jobs in Nigeria, UN jobs in Nigeria, procurement jobs in Nigeria, education jobs in Nigeria, hospital jobs in Nigeria, human resources jobs in Nigeria, engineering jobs in Nigeria, teaching jobs in Nigeria, and other careers in Nigeria.
Oil and Gas job vacancies in Nigeria, MTN jobs in Nigeria, job vacancies in Nigeria for fresh graduates.
Federal government jobs in Nigeria, job vacancies in Nigeria Federal Civil Service.
Find your dream job from 1000s of vacancies in Nigeria posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to NGO Jobs in Africa.
