FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. FairMoney maintains a strong international presence, with offices in several countries, including France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch this informative video.

About The Role:

We are looking to hire an Underwriter to join our team. The successful hire is expected to take responsibility for taking credit decisions and ensuring that key risk issues that could lead to default in the repayment of the loans are adequately analyzed and sufficiently mitigated.

Roles and Responsibilities:

• Ensure that the loan officer collects the necessary information, completion of all the necessary documents; missing information/document will be communicated immediately;
• Ensure that conditions such as the customer's ability, solvency, willingness to pay and level of indebtedness are met;
• Undertakes the analysis, evaluation, and underwriting of all loan applications assessed by the loan officer
• Take a decision in compliance with the credit granting conditions described in the procedure, ensuring that credit-related risks are properly assessed and mitigations are adequate;
• Identify the risks and threats and do recommendations for the disbursement and the follow-up of the loan
• Ensure that each request is approved according to the appropriate conditions and credit line.