Loan Underwriter at MyColleague Consulting Limited


MyColleague Consulting Limited is a leading indigenous HR Consulting Firm in Nigeria located in Lagos with services offered in Recruitment, Outsourcing, Training and HR Consulting. We are a growing firm providing services to top leading companies across the Oil & Gas, IT, Banking Industries and many others using our world-class recruiting process with a vibrant, talented and passionate team. We are recruiting to fill the position below

Job Title: Loan Underwriter

Location: Yaba, Lagos,
Job Type: Full Time

About the Job

  • As a Loan Underwriter (m/f), you are responsible for a portfolio of Nigerian SME customers. You will have the primary responsibility for loan quality and compliance.
  • You will ensure that approved loans meet regulatory requirements, internal Lending Policy and Standard Operation Procedures (SOP’s).

Key Responsibilities

  • Underwrites loans requests in a manner that is compliant with internal Lending Policies, SOP’s, including guidelines. .
  • Decide regularly which loans may be terminated and supervise the termination process.
  • When necessary assists in processing applications by performing processing functions including Member contact updates, third-party communication, and other processing or loan closing tasks.
  • Ensures that Loan Operating System (LOS) is updated in all required areas on a daily basis.
  • Work closely with our Legal Department and Risk Management.
  • Improve our internal and external processes.
  • Ensures that loan turnaround times for period from receipt of the completed application to credit approval then funding are met.
  • Underwriting loans.

Your Profile

  • At least 2 years of professional experience in banking/finance/receivables management.
  • Very good knowledge of evaluating the risk requirements of SME loans and develop the risk management plan in accordance with the contract requirements in liaison with the Business Development Manager.
  • Can perform quantitative analysis in accordance with the Risk Management Plan; cost and schedule risk analysis.
  • Professional level using Microsoft Excel.
  • Able to identify and analyze the risk associated with a multitude of exposures.
  • Teamwork as well as the ability and willingness to find your way around in a dynamic environment.
  • E-commerce experience is an added advantage.
  • Ability to spot loan discrepancies.

Benefits and Perks

  • A steep learning curve in an innovative industry; including plenty of responsibility and conceptual freedom.
  • Extensive learning opportunities for personal and professional growth.
  • Fast track leadership opportunities in line with performance.
  • An international team of experts who inspire and support you.
  • Regular get-togethers, team building events, barbecues, and parties
  • Typical Start-up perks: flexible working hours, company healthcare plan, pension scheme, etc.

Application Closing Date
February 19th,2021

Method of Application

Interested and qualified candidates should send their updated CV to with the Job Title as the subject of the mail and a brief cover letter on why you are suitable for the role.

Note: Only successful candidates will be contacted.

To apply for this job email your details to

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