Lead Underwriter At The Concept Group

Job Details

Job Title:	Lead Underwriter At The Concept Group
Organisation:	The Concept Group
Location:	Lagos State
Min Work Experience:	7 year(s)
Qualification:	B.Sc
Industry:	Accounting/ Audit/ Finance
Course:	Any Risk or Finance related course.

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The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria's Leading Financial Intermediary and Equipment Leasing Company, Concept Nova - Bespoke Enterprise IT Solutions Company,Percy Aitkins - Bureau De Change.

The genesis of The Concept Group was initially borne from a functional and structural approach, simply delivering better effectiveness through shared services of back office functions for its more market facing organizations. As the organization grew, the Group along with its member subsidiaries have evolved to embody much more. As a tested guiding light, our core values which we passionately uphold give us a sense of purpose and direction not only in our professional but in our private lives also. These values summarized are based on three pillars; (Great) People, (Continuous) Innovation and the (Ideal) Culture.

We are recruiting to fill the position below:

Job Title: Lead Underwriter

Location: Lagos
Specialization: Finance / Accounting / Audit

Details

The Lead Underwriter is largely responsible for interpreting and implementing guidelines for the underwriting team. He/she regularly carry out risk assessments for various individuals and groups, by using various risk assessment tools, assesses the risk posed by a client or clients' requests to the company in order to minimize, mitigate or totally prevent unnecessary costs for the company and/or expose it to high risks. The Lead Underwriter is also in charge of coming up with policy packages that meet the needs of various clients, while still maintaining company profitability.

Job Description / Duties

Reviewing & analyzing the creditworthiness of all potential customers based on risk criteria.
Performing various departmental functions including loan covenant monitoring, risk rating, audit preparation and recovery when assigned by HOD
Reviewing application for credit facilities with a view to pint out deviations from the company's credit policy and highlight quality assurance issues in credit proposals received from business areas.
To evaluate all quantitative details in the applications with a view to make objective decisions based on empirical facts from financial information evaluated.
Generating and ensuring that all reports as regards Underwriting and Collections are efficiently and effectively carried out
Implementing policies to guide the activities in Underwriting and Collections and Recovery
Ensures turn-around time for each transaction is minimized to the barest minimum.
Ensures the credit worthiness of each transaction especially those above the level of junior underwriter by preparing, reviewing and analyzing risk criteria of potential customers
Develops and implements strategies for effective credit assessment
Reviews application of credit facilities and pointing deviations from the company's credit policy.
Highlights quality assurance issues in credit proposals received from business areas.
Ensuring client details, loan amounts, interest rate, guarantor's details are appropriately booked
To communicate to the business areas the credit corners and the quality assurance issues for responses/resolutions.
Ensuring that all credit approvals, KYC are in place documentation is duly executed and that the company's interest is well protected.
Conducting credit search (CRS & CRC Report) on credit bureau database.
Conducting Email Verification & preparing Transaction Consummation Report.
Reviewing transactions for final checklist and approval.

Job Requirements

B.Sc qualification in any Risk or Finance related course.
Required Qualification: BA / BSC / HND, MBA / MSC / MA
A minimum of 7 years progressive experience in Underwriting.

Skills and requirements:

Exceptional organizational skills.
Excellent numeracy savvy.
Great creative, visionary, and critical thinking skills.

How to Apply
Interested and qualified candidates should send their CV to: careers@conceptgroup-ng.com using the Job Title as subject of the email.

0906 809 7513

Lead Underwriter At The Concept Group

Job Details

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