Senior Credit Underwriter

As a Senior Credit Underwriter at Nivoda, you'll be responsible for underwriting trade credit products for various businesses in the jewellery industry across a global portfolio. You'll manage and monitor the credit portfolio while ensuring that reporting meets both business and investor needs. Additionally, you’ll identify inefficiencies within our processes and lead initiatives to streamline our underwriting operations. Collaboration with our Product and Data teams is crucial to enhance decision-making systems and drive automation.

Candidates looking to join Nivoda as a Senior Credit Underwriter should possess proven experience in underwriting, preferably in trade finance or SME lending. Strong analytical skills to assess financial performance and manage a diversified portfolio effectively are essential. Familiarity with SQL or Python to support our tech-driven decision process is highly valued, and excellent interpersonal skills to build relationships across the organization are a must.

The role of a Senior Credit Underwriter is pivotal at Nivoda as it directly impacts our growth trajectory. By making informed credit decisions on a diverse range of businesses in the jewellery sector, you’ll help balance risk and reward while optimizing the credit portfolio. Your insights will drive strategic improvements in our underwriting processes, ensuring that we continue to expand successfully into new markets.

Nivoda offers a comprehensive benefits package for Senior Credit Underwriters, including flexible working arrangements like hybrid options. Additionally, you will receive private health coverage, discounted gym memberships, and the opportunity to work in a dynamic environment that fosters professional growth and learning. Our commitment to a diverse workplace means that all team members can thrive regardless of their backgrounds.

At Nivoda, the company culture is fast-paced, innovative, and inclusive. As a Senior Credit Underwriter, you’ll be part of a team dedicated to fostering collaboration and creativity. We value self-starters who can tackle complex problems and are eager to learn and grow within the industry. Our commitment to customer-centric solutions ensures that every voice is heard, making it a rewarding place to advance your career.

When answering this question, highlight your relevant experience in credit underwriting, detailing the types of businesses you have worked with and the methods you employed for analysis. Be sure to emphasize your ability to make informed decisions that balance risk and reward, as well as any specific contributions you made to improve underwriting processes.

Discuss your analytical approach, including the key financial metrics you focus on, such as cash flow, credit history, and industry trends. Providing examples of past situations where your assessment led to a successful credit decision can strengthen your response. Highlight your capability in analyzing large datasets to identify trends and risks.

Speak about specific initiatives you have led or been part of that improved the efficiency of underwriting processes. This may include implementing new technologies, refining existing workflows, or enhancing cross-team collaboration. Illustrate your understanding of how automation and data analysis play a role in optimizing these processes.

Provide a concrete example of a challenging credit decision you faced, detailing the context and the factors considered. Emphasize your decision-making process, how you balanced risk with potential rewards, and the ultimate outcome of your decision. Reflecting on the lessons learned can also be beneficial.

Share the resources you utilize to stay informed about changes in the jewellery industry and credit underwriting practices. This could include industry publications, workshops, or networking events. Demonstrating your commitment to staying ahead of industry trends will show your enthusiasm for the role.

Discuss how you leverage technology to improve efficiency and accuracy in the underwriting process. Highlight any experience you have with data analysis tools, credit risk scoring systems, or automation which enhances your decision-making capabilities. Provide examples of how technology has positively impacted your past credit assessments.

Explain your approach to managing a diversified credit portfolio by highlighting your methods for balancing risks across different sectors. Mention strategies for monitoring performance and making adjustments as needed to maximize risk-adjusted returns. Including a specific example can strengthen your response.

Talk about a specific credit policy you worked on and the reasoning behind it. Detail the improvements you made, the process of implementing these changes, and the results observed. This illustrates your initiative and ability to influence credit strategies effectively.

Reflect on the interpersonal skills that play a key role in your success as a Senior Credit Underwriter. This may include relationship-building, communication, and negotiation skills. Providing examples of how these skills facilitated collaboration within your team or with other departments can lend credibility to your response.

When answering this question, align your career goals with Nivoda's mission and values. Express enthusiasm for the opportunity to contribute to an innovative company within the jewellery industry. Highlight how your skills and experiences make you a strong fit for the role and how you look forward to growing within the company.