Seedstars is a global organization with headquarter in Switzerland and a presence in 80 emerging markets. We are on a mission to impact peopleâ€™s lives in emerging markets through technology and entrepreneurship.
Our initiatives are focused on connecting stakeholders within these ecosystems, building tech companies from scratch and investing in the top entrepreneurs.
InvoizPAID Nigeria is a high growth portfolio company of Seedstars, focusing on SME lending in all sectors. Our vision is to become the champion in SME lending for the common man in Nigeria while developing revolutionary fin-
tech products that will change the whole conservative lending industry. Being a part of this ambitious project is what drives us every day and makes us achieve the best results for our clients and reach our ambitious goals.
About the Job
As a (Junior) Loan Underwriter (m / f), you are responsible for a portfolio of Nigerian SME customers. You will have the primary responsibility for loan quality and compliance.
You will ensure that approved loans meets regulatory requirements, internal Lending Policy and Standard Operation Procedures (SOP's).
Underwrites loans requests in a manner that is compliant with internal Lending Policies, SOP's, including guidelines. .
Decide regularly which loans may be terminated and supervise the termination process.
When necessary assists in processing applications by performing processing functions including Member contact updates, third party communication, and other processing or loan closing tasks.
Ensures that Loan Operating System (LOS) is updated in all required areas on a daily basis.
Work closely with our Legal Department and Risk Management.
Improve our internal and external processes.
Ensures that loan turnaround times for period from receipt of completed application to credit approval then funding are met.
At least 2 years of professional experience in banking / finance / receivables management.
Very good knowledge of evaluating the risk requirements of SME loans and develop the risk management plan in accordance with the contract requirements in liaison with the Business Development Manager.
Can perform quantitative analysis in accordance with the Risk Management Plan; cost and schedule risk analysis.
Professional level using Microsoft Excel.
Able to identify and analyze risk associated with multitude of exposures.
Teamwork as well as the ability and willingness to find your way around in a dynamic environment.
E-commerce experience is an added advantage.
Ability to spot loan discrepancies.
Benefits and Perks
A steep learning curve in an innovative industry; including plenty of responsibility and conceptual freedom.
Extensive learning opportunities for personal and professional growth.
Fast track leadership opportunities in line with performance.
An international team of experts who inspire and support you.
Regular get-togethers, team building events, barbecues, and parties
Typical Start-up perks : flexible working hours, company healthcare plan, pension scheme, etc.