Financial Risk Specialist
2 days ago
The primary objective of this role is to assess the level of risk associated with loan applications and determine if they align with company guidelines.
An underwriter will analyze a client's financial documents, credit history, and other relevant information to make informed decisions on loan approval, interest rates or premiums, and other terms.
The individual will collaborate closely with various departments to ensure compliance with laws and regulations, staying up-to-date with market trends that may impact their decisions.
This position requires excellent analytical, communication, and decision-making skills, as well as comprehensive knowledge of financial instruments and markets.
Key Responsibilities:- Review loan applications to determine risk levels and likelihood of repayment
- Analyze credit reports, financial statements, and other relevant data to inform decisions
- Evaluate collateral or other assets to be used as security for loans
- Determine loan amounts, interest rates, and repayment terms
Bachelor's degree in finance, accounting, or economics; 3+ years of experience in finance industry, preferably within underwriting or risk management.
Estimated Salary: £50,000 - £70,000 per annum-
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