Key Responsibilities:

•    Loan Application Review: Evaluate loan applications by reviewing financial statements, credit reports, and other relevant documents to determine the client’s creditworthiness and repayment capacity.

•    Risk Assessment: Analyze the financial stability of applicants, considering factors such as income, assets, liabilities, credit history, and market conditions to assess risk and make informed underwriting decisions.

•    Decision Making: Approve, deny, or recommend modifications to loan applications based on a thorough analysis of the applicant’s financial status and adherence to company policies and regulatory requirements.

•    Documentation: Ensure all loan application files are complete and accurately documented, maintaining detailed records of the underwriting process and decisions.

•    Compliance: Adhere to all internal policies, industry regulations, and legal requirements in the underwriting process to ensure ethical and responsible lending practices.

•    Collaboration: Work closely with loan officers, credit analysts, and other team members to provide feedback and recommendations on loan applications, ensuring a seamless and efficient loan approval process.

•    Customer Service: Communicate with applicants to gather additional information or clarify discrepancies in their applications, providing excellent customer service and maintaining positive client relationships.

Qualifications:

•    Bachelor’s degree in finance, accounting, economics, or a related field.

•    Proven experience as a loan underwriter, loan officer, or in a similar role within the financial services industry.

•    Strong analytical skills and the ability to assess complex financial information.

•    In-depth knowledge of loan underwriting processes, financial regulations, and lending standards.

•    Excellent decision-making abilities with a keen eye for detail.

•    Strong communication skills, both written and verbal, with the ability to explain complex information clearly and professionally.

•    High level of integrity and commitment to ethical business practices.

•    Proficiency in financial analysis software and Microsoft Office Suite.

Why Join Majibu Africa?

•    Be part of a mission-driven company committed to financial inclusion and economic empowerment across Africa.

•    Work in a collaborative and innovative environment with opportunities for professional growth.

•    Competitive salary and benefits package.

•    Make a meaningful impact by helping individuals and businesses access the financial resources they need to succeed.

About Us:

Majibu Africa is a leading financial services company dedicated to empowering individuals and businesses across Africa with the financial solutions they need to thrive. We pride ourselves on our commitment to financial inclusion and providing innovative, customer-centric services. We are seeking a dedicated and detail-oriented Loan Officer Underwriter to join our dynamic team.