Lula is seeking a Business Cash Advance (BCA) Credit Analyst to join their Credit Underwriting team. This role is crucial for optimizing the approval process. The ideal candidate is a Credit Analyst passionate about fintech, driven by efficiency, and committed to maintaining high standards. Responsibilities include processing credit applications, evaluating financial data for risk, preparing credit memos, approving applications within limits, managing issues, optimizing portfolio performance, and mastering the Lula lending platform.

Must Have

• Engage with clients and partners to verify financial transactions and business performance
• Analyse credit and financial data to determine risk levels and recommend data-driven outcomes
• Prepare concise, detailed credit memos and risk notes
• Evaluate and approve credit applications within assigned authority limits
• Coordinate with the Head of Credit Underwriting and Collections to track, escalate, and resolve merchant-related issues
• Collaborate with credit management to enhance decision-making processes
• Develop deep proficiency in the Lula lending platform
• Maintain a solid understanding of the end-to-end credit lifecycle
• Proactively generate solutions to meet customer needs while adhering to credit metrics
• Manage ad-hoc projects and diverse tasks daily, maintaining high accuracy

Good to Have

• A degree in Finance, Accounting, Economics, or Business
• Previous experience in Commercial or SME credit

BCA Credit Analyst

Lula is hiring a Business Cash Advance (BCA) Credit Analyst to join our Credit Underwriting team. In this role, you’ll play a pivotal part in optimizing our approval process. If you’re a Credit Analyst with a passion for fintech and a drive for efficiency without compromising standards, we’d love to hear from you

Responsibilities:

• Credit Application Processing: Engage with clients and partners to verify financial transactions and business performance, requesting supplementary data when necessary to ensure a complete profile.
• Financial Evaluation: Analyse credit and financial data to determine risk levels and recommend data-driven outcomes for business applicants.
• Risk Documentation (Credit Ticketing): Prepare concise, detailed credit memos and risk notes summarizing the degree of risk associated with specific lending opportunities.
• Mandate Approval: Evaluate and approve credit applications within assigned authority limits to ensure timely funding for clients.
• Issue Management: Coordinate with the Head of Credit Underwriting and Collections to track, escalate, and resolve merchant-related issues effectively.
• Portfolio Optimisation: Collaborate with credit management to enhance decision-making processes, improving both portfolio performance and turnaround times.
• Product & Platform Mastery: Develop deep proficiency in the Lula lending platform to ensure efficient decision-making and optimal use of internal tools.
• Full Lifecycle Awareness: Maintain a solid understanding of the end-to-end credit lifecycle, including the intersection of underwriting and collection processes.
• Strategic Problem Solving: Proactively generate solutions to meet both the expressed and underlying needs of the customer while strictly adhering to credit metrics.
• Dynamic Operations: Manage ad-hoc projects and diverse tasks daily, maintaining high accuracy in a fast-paced environment.

The Experience & Skills We’re Looking For

• Matric certificate (or equivalent) required.
• A degree in Finance, Accounting, Economics, or Business is advantageous.
• Previous experience in Commercial or SME credit is ideal.
• Exceptional attention to detail while maintaining a fast-paced, efficient workflow.
• Strong numeracy skills to interpret complex financial data and make informed decisions.
• A self-managed individual who takes initiative and thrives in a dynamic, evolving environment.
• Ability to drive change and implement improvements to the underwriting process.
• Excellent interpersonal and communication skills for building stakeholder relationships.
• Dedicated to delivering a customer experience that exceeds expectations.