Job Title: Senior Credit Underwriter
Organisation: ABSA Bank Uganda
Duty Station: Kampala, Uganda
About Organisation:
Absa Group Limited (formerly Barclays Bank UK) is a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees
Job Summary: Reporting to the Credit Underwriting Manager the main purpose of the role shall be:
To make Risk Assessment for all loans with integrity and making appropriately decisions in line with the Absa’s policies and Procedures.
Key Duties and Responsibilities:
Accountability; Assessing of loan applications
- Assess application as per the Policy guidelines and make appropriate decision (approvals, declines, paused and rejects) in line with discretionary limits.
- Capture fate of loan application on the system and standard template.
- Confirm loan documents include signed offer letter with an offer amount which is within range
- Recommend all approved secured loans for security perfection and issue offer letters.
- For secured loans, sanction the loan, issue offer letter and recommend for security perfection.
- For approved; stamp and sign and update the system and assessment form before forwarding to receipt desk.
- Forward all offer letters to receipt desk for onward submission to branch
Accountability: Control
- Outputs:
- Ensure that all loans meet the set product lending criteria before approval.
- Ensure that all loan applications to be captured on the system.
- Forward all suspicious loan applications to fraud team for investigation.
- Conduct snap checks as assigned by line manager.
- Ensure safe custody of documents (loan applications and supporting documents), tools (Assessors stamp) and passwords to all systems.
- Ensure accuracy of information entered in the system and standard template (assessment form) at all stages of assessment process.
Accountability: Customer Service
- Outputs:
- Respond to queries relating to loan assessing process from various stake holders with the set timelines
- Adhere to timelines within the service level agreements (SLA’s) to ensure efficiency and quick turnaround time (TAT) in loan processing.
Accountability: Contribution to the team
- Outputs:
- Share best practice and any red flags that are a result of the assessment process.
- Support other members of the front-end team and others in the loam processing team when required to ensure business continuity and achievement of business
Risk, Governance and regulatory:
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa policies and policy standards. Understand and manage risks and risk events (incidents) relevant to the role.
Qualifications, Skills and Experience:
- Bachelor’s degree in finance, Accounting, Economics, Business Administration, or any other Business-Related Field.
- Preferred
- A master’s degree (MBA or Similar)
- Credit Analyst Certification (CCA)
- Chartered Financial Analyst (CFA)
- Certified Risk Professional (CRP)
- Moody’s or S&P Credit Risk training
- Training requirements Specific to the role
- Know you customer (KYC) standards
- Customer service, TCF and complaints handling.
- Sanctions and Anti money laundering.
- Information security awareness
- Record management.
- Data Privacy
- Fraud awareness
- Performance development
- Absa retail lending Policies and end to end processes
- Product knowledge (Retail Asset Products)
- Credit Analysis
- Preferred
- Credit Analysis Certification Training from any recognized Institution
Knowledge and Experience
- Essential
- 3 years’ Experience in Credit Underwriting / Credit Evaluation / Credit Analysis / Credit Sanctioning.
- Experience with a range of loan types (e.g., Personal loans, SME loans, Mortgages, Secured Loans, USD denominated Loans, Credit Cards, etc.)
- Understanding of Public Sector Lending, Private Sector Scheme and Non-Scheme Lending and the SME Lending Cycle.
- Knowledge of Credit Risk Management.
- Preferred
- Knowledge of:
- Anti-Money Laundering (AML) practices
- Know Your Customer (KYC) policies
- Customer Protection Principles.
- Credit policies and procedures
Technical Skills/Competencies
- Financial statement analysis: Ability to analyse balance sheets, income statements, and cash flow statements.
- Credit Risk Analysis: Understanding of credit risk cycles, risk grading systems, and borrower evaluation.
- Loan structuring: Familiarity with loan terms, covenants, and collateral evaluation.
- Regulatory knowledge: Familiarity with lending regulations and compliance (e.g. FIA, IFRS, Basel III)
- Proficiency in financial software/tools: (e.g. Excel (including formulas, pivot tables, Credit analysis software such as Moody’s Risk Calc, Credit Assessment Tools, Loan Origination Systems)
- Analytical thinking: Strong ability to interpret data and make sound judgments.
- Attention to detail: Ensuring accuracy in credit evaluations and documentation.
- Communication skills: Clear and professional writing and verbal communication for loan memos and stakeholder presentations.
- Decision-making: Confident in making data-driven lending decisions.
- Time management: Ability to meet deadlines under pressure while handling multiple applications.
How to Apply:
All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the link below.
Deadline: 12th October 2025
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Level of Education: Bachelor Degree
Work Hours: 8
Experience in Months: 36