Job: Head of Credit Underwriting in Cairo, Egypt

The Head of Credit Underwriter Unit is responsible for the proper organization of credit underwriter’s unit, fast and reliable decision-making process, and efficient cooperation between the business and credit administration units.

Main responsibilities and tasks

• The Head of Credit Underwriter Unit organizes a team of underwriters to review and evaluate loan applications submitted by Loan Officers to identify potential risks of the borrower
• Controls the performance of underwriters, the decision-making process and subsequent smooth cooperation between underwriter unit and other business and back-office units
• Proper and fast redistribution of loan applications, ensuring the highest processing speed of applications
• Assists credit underwriters to verify the accuracy of information received and calculations made during the financial analysis
• Decides on the credit exposure within his / her level of competence
• Propose changes and improvements to the existing process to achieve maximum efficiency in the decision-making process
• Assessment of the underwriters and providing of systematic feedback to subordinate personnel
• Responsible for the hiring and training of subordinate personnel, as well as loan officers in matters of financial analysis of the client
• Visits key customers to ensure the control function, on-the-job training of newly hired underwriters and studying of market standards
• Prepare performance reports related to applications approval / rejection rates, reasons for rejection, processing time of application, etc.
• Evaluate the performance of loan officers and sales representatives in their ability to conduct proper financial analysis of potential borrowers
• Identify and report suspicious transactions and decisions to management
• Guarantee the confidentiality of processed information, both clients and institution