Senior Underwriter

at  Multitude

Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs. The services are provided through three independent business units, which are served by our internal Banking-as-a-Service Growth Platform. Multitude’s business units are consumer banking (Ferratum), business banking (CapitalBox) and wholesale banking (Multitude Bank). Multitude Group employs over 700 people in 25 countries and offers services in 16 countries, achieving a combined turnover of 212 million euros in 2022. Multitude was founded in Finland in 2005 and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol ‘FRU’.
We are seeking a highly skilled and motivated Senior Underwriter.

REQUIRED SKILLS AND EXPERIENCES

• Bachelor’s degree in Finance, Economics, Accounting, or a related field.
• Master’s degree or professional certification (e.g., CFA, FRM) is a plus.
• Minimum of 2 years of experience in underwriting, credit risk analysis, or related roles within the banking or financial services industry.
• Demonstrated experience in underwriting institutional loans, specifically in the ticket size range of €5 million to €30 million.
• Strong understanding of credit risk management principles, financial analysis, and loan structuring.
• Proficiency in analyzing financial statements, cash flow analysis, and conducting collateral evaluations.
• Excellent analytical, problem-solving, and decision-making skills, with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
• Familiarity with relevant regulatory.

• Evaluate and underwrite institutional loan applications, ensuring alignment with the bank’s credit policies and risk appetite.
• Conduct in-depth financial analysis of applicants, including financial statements, cash flow projections, and collateral evaluations.
• Assess borrower creditworthiness by analyzing credit histories, market conditions, industry risks, and overall financial health.
• Prepare comprehensive credit reports, including detailed risk assessments, recommendations, and appropriate credit terms.
• Collaborate with Investment Managers, Credit Analysts, and other stakeholders to structure loan proposals that mitigate risk while maximizing returns.
• Monitor the performance of existing loan portfolios, identifying early warning signals of deteriorating credit quality and taking proactive measures to mitigate potential risks.
• Stay up-to-date with market trends, economic developments, and regulatory changes affecting the institutional loan sector.
• Provide mentorship and guidance to junior underwriters and analysts, sharing expertise and promoting best practices in credit risk management.
• Ensure compliance with internal policies, procedures, and regulatory requirements.