Rosabon Financial Services Underwriting Quality Assurance Officer Jobs in Nigeria
Rosabon Financial Services Underwriting Quality Assurance Officer Jobs in Nigeria
Job SummaryThe job role involves regular reviews of the performance of the underwriters’ and every other major stakeholder’s activities in the loan underwriting value chain to ensure full compliance and alignment with the company underwriting policies and industry standards and best practices by auditing a sample of recent loans underwritten to make the judgment.
The underwriting cycle starts from the loan initiation stage to the final stage of disbursement to the ultimate beneficiaries.
Duties & Responsibilities
Performance of underwriting audits to ensure that underwriting guidelines are followed strictly.
Identify issues and report the same to the Head, Internal Audit, and senior management.
Make recommendations to rectify issues noted and devise an effective system to follow up on the status of compliance.
Function as the key assessor of turnaround time and quality of work in the underwriting value chain.
Periodically carry out an audit using sampling to ascertain the quality of work and time spent on each stage at every stage of the underwriting.
Manage any potential conflicts of interest to avoid disrepute to the Company's integrity.
Identify and communicate training or resource gaps to management. Assist in providing technical training and mentoring to newly joining or less experienced members of the underwriting team,
Ensure that the policies used are a good reflection of the accounts underwritten by the team.
Performs quality control and standard audits to assess the effectiveness of internal controls and ensure compliance with underwriting guidelines and other departmental procedures as outlined in the audit strategy and plan.
Review all data for and query irregular/incorrect payment postings
Identify risks/gaps in the underwriting process flow and develop preventive strategies
Review Customer Creation (Agreements), Credit settings for customers
Ensuring accountability,
professionalism, responsibility and transparency in the underwriting value chain
Perform quality control tests on the loans that have been disbursed
Be able to provide a real-time report on underwriting activities and escalate where necessary
Documentation of pushbacks and all posting flaws detected
Any other task assigned by Line Manager.
Qualifications / Requirements
Bachelor's Degree in Finance, Accounting, Economics, Mathematics, Industrial Engineering, Statistics, or related Degree
3 years+ of Internal Audit and Credit Control experience, preferably underwriting
Advanced skills in Excel, Word, and PowerPoint, required
Superior communication, organization, and presentation skills desired
Good understanding of underwriting audit methodologies and standards.
Good understanding of Prudential Regulation Authority and the Financial Conduct Authority framework
Good understanding of business processes and how they support the business.
How to Apply
Interested and qualified candidates should forward their CV to: careers@conceptgroup-ng.com using the Job Title as the 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 jobs in 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 1 Best Africa Jobs.
