Risk Assessment Specialist
3 weeks ago
The primary role of a Risk Assessment Specialist will be to evaluate the level of risk associated with loan applications and determine whether they align with company guidelines. This involves analyzing financial documents, credit history, and other relevant information to make informed decisions on loan approval, interest rates, or premiums. The specialist may request additional information, negotiate terms, and collaborate with various departments to ensure compliance with laws and regulations.
Key Responsibilities:
• Review loan applications to determine the risk level and likelihood of repayment
• Analyze credit reports, financial statements, and other information to inform decision-making
• Ensure adherence to loan and financial product policies and procedures
• Communicate with loan officers, borrowers, and other relevant parties to obtain additional information
Requirements:
• Bachelor's degree in finance, accounting, or economics
• Strong analytical and problem-solving skills
• 3+ years of experience in the finance industry, preferably in underwriting or risk management
• Proficiency in using different software and exceptional communication skills
Estimated Salary: £45,000 - £60,000 per annum
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