Credit Underwriting Lead at Traction Apps Full Time

Traction Apps is currently seeking for application from qualified applicants to fill the vacant position of Credit Underwriting Lead. interested and qualified applicants can apply via the details below

Traction Apps is a platform that provides you with all the tools to run and grow your business. Accept payments, manage sales, send invoices, manage inventory, and a lot more on Traction. Traction is building the largest merchant ecosystem platform for SMEs in Africa, enabling a one stop platform for them to grow and manage their business, and we are achieving this through 3 foundational stacks – in-person payments, lending and business tools.

We are seeking competent, self motivated, hardworking and result driven professional to fill the position below:

Job Title: Credit Underwriting Lead

Location: Lagos
Employment Type: Full-time

Job Summary

• We are currently on the lookout for a Credit Underwriting Lead to support our team.

Responsibilities

• Analyze corporate transactions, credit worthiness of clients using liquidity and solvency ratios, thorough collateral analysis, character of the promoters etc
• Analyze the risks inherent in transactions and recommend the approval or decline of transactions
• Analyze and interpret complex financial data to make decisions
• Undertake risk analysis using quantitative and qualitative techniques
• Keep company’s risk exposure within set limits and partake in adjusting such limits where there is need
• Improve the loan approval process by bringing on board several verification processes and also bring ideas that enhance the internal control system of the Department.
• Evaluate financial statements, historical trends, projections management performance, company cash flow, capital structure and collateral analysis.
• Review applications for credit facilities to point out deviations from the Firm’s credit policy and highlight quality assurance issues in credit proposals received from business areas.
• Prepare, review and analyze the creditworthiness of all potential customers based on risk criteria.

Requirements

• A minimum of five years experience managing credit risk and/or underwriting teams
• Experience and knowledge of commercial credit underwriting, financial risk modeling, and cash flow forecasting
• The ability to accurately transform business and financial data that outlines potential credit risks and present dynamic mitigation strategies
• Strong knowledge of accounting principles and comfort with evaluating financial statements and business models across a range of industries.

Application Closing Date
18th May, 2022.