• Credit Underwriter at Renmoney

    work Renmoney
    Date Posted: 2021-08-17

    Renmoney, a fintech company, is hiring a Credit Underwriter in Lagos.

    We Are the Place for You, If

    • You’re excited about technology and the future, and you’re looking for a place to learn and grow.
    • You care a lot about detail and pride yourself in impeccable execution.
    • You can collect and analyze lots of data and feed in just the right amount of intuition to make sound decisions.
    • You are ready to work extremely hard, at a fast pace, to achieve audacious goals.
    • You love to speak up, ask questions and are comfortable challenging anyone or any idea.

    The Position

    • The Credit Risk Analyst is saddled with the responsibility of evaluating financial information and risks prior to granting loans to businesses or individuals.
    • You will assess information provided by potential borrowers, such as their financial liabilities, credit history, employment and income, to calculate the risks of extending credit to loan applicants.


    • First payment default - Underwriter must ensure proper scrutiny of documents and a minimal likelihood of First payment default
    • Fraud detection - Ensure all applications approved should be fraud free
    • Minimizing approval error - Loans should be approved with less than 0.01% error. All loans approved should approve accurately and error free
    • Numbers of transactions processed - Amount of transactions processed should not fall short of requirement
    • Transaction processing turnover ensure all approved loans should not exceed the stipulated required time (maximum of 15minutes per file).


    • University Degree or equivalent standard with a high numeric content: Statistics, Econometrics, Business Administration / Economics, Mathematics, Finance, etc.
    • 2+ years practical experience


    • Experience with hands-on customer relationship management
    • Practical knowledge in credit risk working for a banking or non-banking financial institution
    • Experience with Customer experience services.

    This Job is Perfect for You if You

    • Enjoy adding structure and developing approaches to ambiguous problems
    • Are a self-starter, take initiative, work collaboratively, and can self-manage in ambiguity
    • Have excellent verbal and written communication skills
    • Are excel and numbers-savvy and very detail oriented

    You will Not Enjoy this Job if You:

    • Work best in structured, hierarchical settings
    • Require clear, pre-set deliverables and constant direction
    • Are used to working in/with a large team.

    What’s in it For You

    • You’ll receive competitive compensation and work with amazing people.
    • You’ll work in a beautiful environment with a flat structure and solve complex, real-world challenges.

    How to Apply
    Interested and qualified candidates should apply

    work Renmoney

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