Head of Credit Underwriting at SBM Bank

Ref: Sbmk/Hcu/03/17

Responsibilities for the Head of Credit Underwriting Job

• Oversees the preparation of credit underwriting and analysis of existing loans in connection with renewals and modifications;
• Review periodic reporting provided by customers to ensure borrowing base availability as well as to monitor performance;
• Solicits existing portfolio customers in an effort to increase and retain volume and cross sell Bank products and services;
• Promotes customer relations;
• Evaluates financial statements, historical trends, projections, management performance, industry, cash flow, capital structure and collateral analysis;
• Performs various departmental functions, including loan covenant monitoring, risk rating, stress testing and audit preparation;
• Orders, reviews and analyzes reports (credit, environmental, appraisal, and property evaluations)
• Recommends and models appropriate loan structure for new and existing loan relationships;
• Prepares periodic reviews of existing loans to assess credit quality and covenant compliance
• Prepares written Credit Memorandums for presentation and approval;
• Develops underwriting policies for new credit verticals in conjunction with Portfolio;
• Prepares reports for the portfolio, when necessary;
• Promotes and monitors customer relationship and growth;
• Actively participates in research, preparation and execution of customer calls;

Qualifications for the Head of Credit Underwriting Job

• Degree in Business field preferably in Accounting, Finance or Business Administration
• Postgraduate qualification will be added advantage
• Ten (10) years, 4 years of which should have been in senior management position
• Demonstrated ability to apply industry knowledge to underwriting decision making
• In-depth underwriting experience in multiple credit verticals
• Deep understanding of commercial implications of underwriting in the loan cycle
• Strong communication and analytical skills
• Experience with financial analysis programs and discounted cash flow models
• Good interpersonal skills, team oriented, and strong customer service skills.
• Reporting to the Chief Risk Officer, the job holder will be responsible for supporting Loan Managers and Officers in the credit analysis and underwriting of commercial loan packages. She/he will ensure the facilitating of comprehensive credit analysis that evaluates the existing facilities in the portfolio.