Junior Underwriting Assistant

SUMMARY:
Our client is a fast-growing fintech lending to small and medium-sized businesses in the UK. They are seeking a Junior Underwriting Assistant to join their Underwriting team. This role is suited for a new or recent graduate with a background in accounting or finance, with up to 2-3 years of experience. (Hybrid work)

POSITION INFO:

Job Title: Junior Underwriting Assistant
Reports to: Head of Underwriting & Senior Underwriting Manager
Salary: R20k – R30k per month, depending on experience
Location: Hybrid, Cape Town

About Us
Our client is a fast-growing fintech lending to small and medium-sized businesses in the UK.

Role Overview
Our client is looking for a Junior Underwriting Assistant to join their Underwriting team. This role is suited for a new or recent graduate with a background in accounting or finance, with up to 2-3 years of experience. You will assist the Underwriting (UW) team by preparing deals for underwriting and conducting preliminary reviews, which include researching companies and reviewing credit reports.
This role is key in supporting the UW team, with the potential to grow into a full Underwriting role if a position becomes available within the next 1-2 years. This is a great opportunity to develop within the team as they look to expand in SA.

Key Responsibilities
Assist the underwriting team in preparing deals for underwriting
Conduct preliminary reviews of potential clients, including company research and reviewing credit reports
Support the UW team in maintaining accurate records and documentation
Collaborate with team members to ensure smooth deal progression
Stay informed on industry trends and financial developments

Requirements

• Degree in Accounting or Finance (non-negotiable)
• 2-3 years of experience (or fresh graduate with internship experience)
• Strong academic background
• Excellent research and analytical skills
• Ability to work well within a team
• Attention to detail and accuracy in reviewing financial data
• Proactive mindset and willingness to learn