Conduct comprehensive credit analysis of business loan applications, evaluating financial statements, credit reports, and other relevant documents.
Assess the financial health, credit history, and repayment capacity of SME applicants to determine their eligibility for loans.
Utilize quantitative and qualitative data to make informed decisions on credit approvals, ensuring compliance with company policies and regulatory requirements.
Identify and mitigate credit risks associated with each loan application, considering factors such as industry trends, market conditions, and borrower profiles.
Develop risk mitigation strategies and recommend appropriate credit structures to optimize loan performance and minimize potential losses.
Render credit decisions based on thorough analysis and in accordance with established underwriting guidelines.
Present recommendations to senior management or credit committees, providing clear justifications for approval or denial of loan applications.
Collaborate with sales and relationship management teams to facilitate seamless loan processing and ensure alignment with business objectives.
Continuously evaluate and enhance underwriting processes to streamline workflows, improve efficiency, and uphold service excellence.
Implement best practices and leverage technology solutions to automate routine tasks and enhance decision-making capabilities.
Provide leadership and guidance to junior underwriters, fostering a collaborative and supportive team environment.
Conduct training sessions and knowledge-sharing initiatives to promote professional development and ensure adherence to underwriting standards.
Skills And Expectations
Bachelor's degree in Finance, Business Administration, Economics, or a related field. Advanced degree or professional certification (e.g., MBA, CFA, or similar) preferred.
Proven experience in commercial lending or business loan underwriting within the financial services industry, with a minimum of 5 years in a senior or managerial role.
Strong analytical skills and proficiency in financial statement analysis, cash flow modeling, and risk assessment techniques.
In-depth knowledge of credit policies, regulatory requirements, and industry best practices pertaining to business lending.
Excellent communication skills with the ability to articulate complex financial information and influence decision-making processes.
Strategic mindset with the ability to balance risk and reward considerations while supporting business growth objectives.
Proficiency in using underwriting software systems and advanced proficiency in Microsoft Excel and other relevant analytical tools.
