Job Description
Applications are invited from suitably qualified candidates to fill the following positions available in Blantyre and Lilongwe:
Underwriter
Reporting to the Administration and Collections Manager, the successful candidate will provide ongoing assessment of credit applications within Consumer Lending Loans and ensures compliance with the lending policy of the bank.
Key Responsibilities
- To verify applications for consumer lending applications and ensuring that decisions taken and assessment made are compliant with bank`s consumer lending loan policy.
- Accuracy in screening and auditing loan applications for credibility.
- Quality check of received documents from the Data Capturing team.
- Ensures that fraud prevention measures are applied consistently during the audit process.
- Works closely with the Consumer Lending Data Capturers, Underwriting and sales department to ensure optimum efficiency and satisfactory turnaround times.
- Approves and veries limits as per role codes and disburse funds VIA EFT.
- Stakeholder Engagement – ensure prompt follow up on returned / queried loans for maximum client satisfaction.
- Record Keeping
- Maintains a record of number of loans approved daily, number of loans approved per branch, number of loans declined per branch and reason codes.
- Ensures that third party settlements are forwarded to the relevant institutions for deletions and follow ups thereafter.
- Produces daily, weekly and monthly reports
Technical Skills/Competencies
- Auditing and loan vetting skills
- Team player
- Excellent customer service skills
- Experience with payroll deduction system (Payment Solutions Malawi)
Qualifications and Requirements
- Degree in Commerce or equivalent qualification
- Experience with payroll deduction system (Payment Solutions Malawi)
Applications
If you meet the above minimum requirements and are interested, please send your applications with an up-dated CV to: FirstCapitalBank.Vacancies@firstcapitalbank.co.mw
The closing date for receiving applications is 27th December 2024.
Only shortlisted applicants shall be acknowledged