About the Role
CredPal is an innovative fintech solution committed to transforming consumer finance by simplifying the loan approval process and enhancing purchasing power across Nigeria. We are seeking a detail-oriented Credit Underwriter to join our dynamic risk management team. In this role, you will be responsible for evaluating credit card applications, analyzing financial data, and making data-driven decisions that balance portfolio growth with effective risk management. You will play a crucial part in ensuring responsible credit limit allocation, minimizing default rates, and upholding compliance with internal policies and regulatory standards.
Key Responsibilities- Evaluate credit card applications by thoroughly analyzing financial data, income, bank statements, and credit bureau reports.
- Assess applicants' repayment capacity, debt obligations, and overall risk exposure to determine eligibility.
- Recommend appropriate credit limits, pricing, and terms based on established underwriting guidelines.
- Identify potential fraud indicators, inconsistencies, and high-risk applications to implement mitigation measures.
- Collaborate with Product, Sales, and Risk teams to optimize credit assessment processes and turnaround times.
- Monitor early delinquency trends and cardholder credit performance to recommend policy adjustments.
- Bachelor's degree in Finance, Economics, Accounting, Statistics, or a related field.
- Minimum of 3 years of proven experience in credit underwriting, risk analysis, or consumer lending within a fintech or financial institution.
- Strong proficiency in financial analysis, debt-to-income assessment, and credit bureau reporting.
- Advanced analytical skills with strong expertise in Microsoft Excel; SQL or automated decisioning experience is an advantage.
- Exceptional attention to detail, sound judgment, and the ability to make timely, risk-based decisions in a fast-paced environment.
- Competitive salary with performance-based incentives.
- Comprehensive health insurance coverage.
- Opportunities for professional growth and career advancement in a leading fintech company.
- A collaborative, innovative, and fast-paced work environment.