Credit Underwriter

Duties:
Credit Vetting:
To hold and exercise underwriting (credit vetting) authority within limits of authority, responsible for
underwriting referrals, ensuring credit policy and parameters are strictly and correctly applied to ensure
a consistent approach to credit underwriting decision-making.
Properly motivating, documenting and recording credit decisions to stakeholders and making full use of
the System credit functionality.
Collaboration with Dealer F&I managers and the external credit bureau and maintaining daily contact
and close collaboration.
Service Levels:
Responsibility for performance against published service standards in terms of response times and
other commitments.
Liaising with dealers and customers, as appropriate, displaying a customer first service focus in the
resolution of disputes as necessary. This also extends to communication with field operations.
Invoicing & Statements
Ensuring that all financial and related invoice and statement documents are delivered to allocated
customers within agreed timeframes.
Resolve customer and other queries within 2 business days of receipt.
Responsibility for allocated customers within the Accounts Receivable ledger.
Report status of accounts receivable book weekly and monthly.
Manual and Electronic Collections:
Support the manual and electronic collections process (DebiCheck Debit Orders, Electronic Funds
Transfer), ensuring the files are produced by the leasing system and submitted on time to the collecting bank, and stakeholders therein, maintaining daily contact and close collaboration.
Ensure that dishonoured debit orders and EFTs are processed on the leasing system within the
same business day and qualifying transactions are resubmitted for collection in the appropriate
collection window.
Cooperate closely with the Accountant to ensure that all collections and reversals are recorded appropriately in the accounting records.
Working as part of Team:
Positive and constructive relationships with all staff and management are maintained at a high level.
Ensure that the Sales New Business department (including Dealer F&I) complies with all credit related regulatory, compliance and audit requirements as dictated from time to time by both internal and external auditors.
Promotion of an environment of continuous improvement.
Report writing ability to construct logical, concise documents that are appropriate to the intended
recipients.
Requirements:
NQF Level 6 (360 credits) BComm or finance related qualification
Business Degree will be an added advantage
5 Years Credit Vetting & relevant Financial Analysis experience
Relevant work experience in the Leasing environment (min 2 years)
Stakeholder management
Commercially aware and credible internally and externally
Knowledge of credit and financial services regulatory environment & requirements
5 Years Computer Literacy (M