What are the responsibilities and job description for the Credit Underwriter position at NeuAnalytics?
Company Description:
NeuAnalytics is a fast-growing provider of Software-as-a-Service solutions for large corporations, financial institutions, and Fortune 500 companies. We offer best-in-class technology, integrity, and transparency to our clients. Our flagship Integrated Support Platform includes Enterprise Receivables Management, Compliance Management Systems, Fraud, Dispute & Complaint Support, and Business Process Management modules.
Role Summary:
This is a full-time on-site role for a Credit Underwriter in Overland Park, KS. The Credit Underwriter will analyze credit data and financial statements to determine the risk associated with loan portfolio. This role will involve making credit decisions based on underwriting guidelines and communicating findings effectively.
Duties:
- Review and assess the credit profile and strength of existing clients to verify creditworthiness and risk suitability.
- Thoroughly review credit reports, financial statements, and other relevant data to assess the risk associated with collecting outstanding debts.
- Evaluate the age, amount, and nature of delinquent accounts to determine the most effective collection strategies
- Make recommendations on whether to pursue collection efforts, initiate legal action, or write off a debt based on risk assessment and company policies.
- Identify and manage accounts that are likely to be written off as uncollectible.
- Ensure all collection activities adhere to relevant laws and regulations.
- Generate reports on collection performance, identifying trends, and recommending adjustments to collection strategies
- Maintain up-to-date knowledge of lending regulations.
- Conduct financial analysis including financial statements, projections, and returns calculations
Qualifications:
- Four-year college Accounting or Business degree or appropriate direct experience in banking/financial institutions.
- Minimum of 5 years as a consumer lender, 3 years as an underwriter, or a combination of adequate experience in the loan approval process and collections
- Excellent understanding of applicable laws and regulations related to banking, lending and privacy
- Proficiency in financial software and risk assessment tools.
- Strong analytical and decision-making skills.
- Excellent communication and interpersonal abilities.
