• Review and assess credit applications: You will be responsible for reviewing credit applications for products such as cash loans, credit cards, and other retail banking products that require manual underwriting.

• Evaluate creditworthiness: Utilize established criteria to evaluate the applicant’s creditworthiness, financial status, and repayment capacity, ensuring that decisions align with the bank’s risk appetite and policies.

• Make decisions or recommendations: Based on your analysis, you will recommend or make decisions on whether to approve, decline, or request additional documentation for the credit application.

• Maintain portfolio quality: Monitor and ensure that the overall quality of the credit portfolio remains at acceptable levels by adhering to risk management guidelines and providing insights on any potential concerns.

• Ensure compliance: Ensure all credit decisions adhere to regulatory requirements, bank policies, and industry best practices.

• Collaborate with other teams: Work closely with sales, risk, and collections teams to ensure a smooth and consistent underwriting process, addressing any issues that may arise.

• Recommend policy changes: Evaluate current credit policies and provide recommendations for relaxing or tightening underwriting criteria based on trends, portfolio performance, and industry developments.

• Suggest process improvements: Identify areas within the manual review process where efficiency can be improved. Recommend and implement solutions to streamline workflows and enhance overall process effectiveness.

• Data querying and reporting: Use basic SQL skills to query bank databases via BigQuery for reporting purposes, analyzing data related to credit applications and portfolio performance. You will prepare reports and provide insights to inform decision-making and identify trends or issues.

• Experience: Minimum 2-5 years of experience in retail underwriting (preferably banking experience), i.e., practical experience in assessment of retail credit applications. 

• Strong analytical skills: Ability to analyze financial statements, credit reports, and other relevant data to evaluate an applicant's creditworthiness.
  Attention to detail: Ability to identify key risk factors and potential issues in credit applications and documentation.

• Decision-making capability: Confidence and responsibility in making credit decisions or providing clear recommendations on whether to approve, decline, or request additional information.

• Understanding of credit risk: Knowledge of credit risk management principles, financial products (such as loans and credit cards), and the ability to maintain portfolio quality by identifying early warning signs of credit issues.

• Basic SQL skills: Ability to query databases using SQL (BigQuery) to analyze data, generate reports, and extract key information that supports decision-making and process improvements.

• Effective communication skills: Strong verbal and written communication skills to provide clear rationale for decisions and recommendations to internal stakeholders.

• Time management: Ability to work efficiently and meet deadlines in a fast-paced, high-volume environment.

• Team player: Ability to collaborate effectively with other teams, ensuring smooth and efficient underwriting and risk management processes.

• Regulatory knowledge: A solid understanding of financial regulations and compliance requirements related to retail lending, ensuring all decisions adhere to regulatory standards.

• Process improvement mindset: A proactive approach to identifying inefficiencies and suggesting improvements to make the manual review process more efficient and effective

• Relevant academic qualification: B.S. or Master's Degree in finance, statistics, computer science, mathematics, econometrics or related (Nice to have)

Diverse teams really are the best teams. Research shows that some candidates may hesitate to apply for a job unless they meet every requirement. If you are excited about working with us, we encourage you to apply - even if you're not 100% sure. We are interested in getting to know you and learning about what you bring to the table.

Please note that we may close a job posting early if we receive a large number of exceptional applications.

Good luck!