Senior Credit Analyst
1 week ago
Job Title: Credit Manager
Job Summary
STAFFIAA is seeking a skilled Credit Manager to join our team. As a Credit Manager, you will be responsible for evaluating the creditworthiness of loan applicants, underwriting loans, and making informed decisions on loan approvals or rejections.
Key Responsibilities:
- Evaluate creditworthiness of loan applicants based on financial documents, credit history, and risk analysis.
- Underwrite loans ensuring compliance with lending policies, regulatory requirements, and internal guidelines.
- Make informed decisions on loan approvals, rejections, or modifications considering factors such as income, debt-to-income ratio, collateral, and credit score.
- Identify potential risks associated with loan applications and develop strategies to mitigate them.
- Communicate credit decisions to applicants and provide explanations for denials or requests for additional information.
- Collaborate with sales operations and legal teams to streamline the loan approval process and resolve any issues that may arise.
- Contribute to the development and refinement of lending policies, procedures, and credit scoring models to enhance efficiency and risk management.
Qualifications:
- Bachelor's degree in finance, accounting, or a related field. A Master's degree is preferred.
- Proven experience in credit assessment and underwriting, specifically in the Home loan and LAP segment.
- Strong understanding of lending principles, credit analysis techniques, and regulatory requirements.
- Excellent analytical skills with the ability to interpret complex financial data and make sound decisions.
- Effective communication and negotiation skills with the ability to interact confidently with clients and internal stakeholders.
- Attention to detail and the ability to work efficiently in a fast-paced environment.
- Knowledge of industry-specific software and tools used for credit analysis and underwriting.
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