Eduvanz Financing - Head - Credit Underwriting

Head - Credit Underwriting

Eduvanz is a digital Fintech NBFC that helps learners discover and finance their learning and career goals with fast, convenient, and affordable no-cost financing solutions. Founded in 2016 to provide convenient and flexible financial assistance, Eduvanz caters to students and leaders seeking quick results, attractive benefits, and transparent conversations. As we continue to grow and expand our operations, we are seeking a talented Credit Underwriter to join our team and drive the successful execution of key projects.

The Credit Underwriter will have the following responsibilities:

- Conduct detailed research on the financial history of individuals (and/or businesses) to determine their creditworthiness and make high level decisions on loan application process.

- Review and verify income statements, tax returns and other financial documents to develop a borrowers profile and arrive at a credit recommendation.

- Conduct telephonic discussions and risk assessments on potential applicants based on previous borrowing history, credit rating, industry experience and other factors

- Work closely with loan officers and assist them with verifying the accuracy of loan applications.

- Develop and implement policies and procedures. Collaborate with team members and upper management to establish guidelines and best practices.

- Conduct quality control audits and prepare monthly, quarterly, and/or annual reports.

- Conduct telephone verification and make an assessment of the customer in order to resolve outstanding questions related to the transaction.

- Maintain portfolio of customers and monitor repayment progress.

- Evaluate customer records and recommend payment plans based on earnings, savings data, payment history and purchase activity

- Bachelor's degree in business, Finance, Accounting or a related field

- 10-15 years' experience in credit underwriting or similar profile with NBFC/Banks/Fin-tech retail lending institutions

- Experience with underwriting automation tools preferred.

- Demonstrated proficiency in Microsoft Office (Excel, Outlook)