Secured Lending Specialist

1 Month ago • 5-7 Years

Job Summary

Job Description

Lula is seeking a Secured Lending Specialist to build a new secured business funding capability from scratch. This role involves shaping financial products, establishing robust risk management frameworks, and leveraging collateral management expertise. Responsibilities include credit and collateral assessment, developing and implementing valuation methodologies, assessing credit risk within secured lending, and formulating tailored credit policies. The specialist will also manage collateral throughout the credit lifecycle, ensure legal and regulatory compliance, and advise on collateral enforcement. Additionally, they will identify best practices, drive innovation in funding processes, develop KPIs, and collaborate cross-functionally as a subject matter expert.
Must have:
  • Bachelor's degree in Finance, Law, or Business
  • Minimum 5-7 years in secured business lending
  • Deep understanding of collateral types and assessment
  • Extensive credit risk assessment experience in secured lending
  • Demonstrated collateral management experience
  • Strong understanding of legal frameworks for secured transactions
  • Excellent written and verbal communication skills
Good to have:
  • Postgraduate qualification
  • Experience drafting/reviewing legal agreements
  • Experience in financial product development (fintech/lending)
  • Strong numerical and financial modeling skills
  • Ability to thrive in a fast-paced environment

Job Details

What We Do:

We're Lula. We build innovative fintech products to help SMEs make cash flow. From instant access to funding to all-in-one business banking accounts, we're on it!

Our purpose is to help SMEs manage their business better, faster, simpler, Lula, so they can spend more time doing what they love.

Speaking of love, we’re looking for Lulas who love to make a difference to join our team and change the game.

CULTURE CODE

  • We Embrace Curiosity- We continuously seek better ways to deliver value with a solutions-over-problems mindset.
  • We win as One - We collaborate, build strong relationships and value diverse perspectives.
  • We’re Driven by Purpose - We are passionate and committed to delivering the best products and services for SMEs.
  • We Execute with Ambition - We set ambitious goals, embrace challenges, and deliver with focus and determination.


OVERALL PURPOSE

Lula is expanding! We're thrilled to be launching into secured business funding, and we're looking for a high-achieving individual to build this new capability from scratch. This is your opportunity to shape new financial products, establish robust risk management frameworks, and leverage your collateral management expertise. If you're driven by new challenges, eager to disrupt the status quo, and committed to delivering excellence, you'll find this role rewarding.


RESPONSIBILITIES WILL INCLUDE:

  • Credit & Collateral Assessment:
    • Develop and implement frameworks for assessing and analysing various types of collateral, including but not limited to trade receivables, inventory, property and fixed assets.
    • Establish robust methodologies for collateral valuation and ongoing monitoring.
    • Assess credit risk specifically within the secured lending landscape, identifying potential vulnerabilities and mitigation strategies.
    • Formulate and implement credit policies tailored to secured lending.
  • Collateral Management:
    • Design and oversee processes for the effective management and monitoring of collateral throughout the credit lifecycle.
    • Ensure compliance with all collateral-related legal and regulatory requirements.
    • Develop strategies for managing distressed secured assets.
  • Legal & Compliance:
    • Work closely with the legal team to draft and review secured lending agreements and related documentation.
    • Ensure all product development and operational processes adhere to relevant legal and regulatory frameworks.
    • Advise on legal implications related to collateral enforcement and recovery.
  • Process Enhancement & Innovation:
    • Identify and implement best practices in secured lending, credit assessment and collateral management.
    • Continuously look for better ways to do things, driving innovation and efficiency in secured funding processes.
    • Develop and enhance internal training materials related to secured lending.
  • Reporting & Analysis:
    • Develop key performance indicators (KPIs) and reporting structures for the secured lending portfolio.
    • Work with credit leadership and portfolio management team to provide regular reporting and insights on the performance of the secured book, collateral coverage and credit risk.
  • Cross-Functional Collaboration:
    • Act as a subject matter expert for secured lending across Lula.
    • Build strong working relationships within credit, legal, business operations and sales teams to ensure alignment and shared understanding.

THE SKILLS AND EXPERIENCE WE’RE LOOKING FOR:

  • Education: A Bachelor's degree in Finance, Law, Business, or a related field is essential. A postgraduate qualification would be highly advantageous.
  • Secured Lending Expertise: Proven experience (minimum of 5-7 years) in secured business lending, including a deep understanding of various collateral types (trade receivables, inventory, fixed assets, property) and their assessment.
  • Credit Risk Management: Extensive experience in credit risk assessment and management, specifically in the secured lending space, including developing and implementing credit policies.
  • Collateral Management: Demonstrated experience in the operational aspects of collateral management, monitoring, and enforcement.
  • Legal/Contractual Background: A strong understanding of relevant legal frameworks pertaining to secured transactions, contract law and debt recovery. Experience with drafting or reviewing legal agreements is highly desirable.
  • Product Development: Experience in developing or launching financial products, particularly within a fintech or lending environment, would be a significant plus.
  • Financial Acumen: Strong numerical ability and financial modeling skills.
  • Communication & Interpersonal Skills: Excellent written and verbal communication skills, with the ability to build rapport and influence stakeholders at all levels.
  • Adaptability: Ability to thrive in an ever-changing, fast-paced environment with multiple priorities

Similar Jobs

IGT - Software Engineer (Dev) III

IGT

West Greenwich, Rhode Island, United States (On-Site)
2 Months ago
Mapbox - Technical Program Manager III

Mapbox

United Kingdom (Remote)
1 Month ago
Scopely - Senior Manager, Business Operations - Office of the CRO

Scopely

California, United States (Hybrid)
7 Months ago
Epic Games - Senior Counsel, Litigation

Epic Games

(On-Site)
3 Months ago
YallaPlay - Mobile Game User Acquisition Coordinator

YallaPlay

(Remote)
11 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Epic Games - Vendor Manager, Trust & Safety

Epic Games

Cary, North Carolina, United States (On-Site)
4 Months ago
Patreon - Brand Director

Patreon

San Francisco, California, United States (Hybrid)
3 Months ago
Qube Cinema - Client Success Technical Associate

Qube Cinema

Chennai, Tamil Nadu, India (On-Site)
2 Months ago
Notion - Software Engineer, Search Quality and Ranking

Notion

San Francisco, California, United States (On-Site)
2 Months ago
Vercel - Software Engineer, Experimentation

Vercel

United Kingdom (Hybrid)
1 Month ago
Thales - Quantum-AI Research Scientist

Thales

Montreal, Quebec, Canada (On-Site)
2 Months ago
FalconX - Director, Technical Accounting & Financial Reporting

FalconX

New York, New York, United States (Remote)
2 Weeks ago
Epic Games - Animator

Epic Games

Manchester, England, United Kingdom (On-Site)
2 Months ago
Kyruus Health - Senior Manager, Information Security Compliance

Kyruus Health

United States (Remote)
1 Month ago
Progress - Product Led Growth Product Manager

Progress

Sofia, Sofia City Province, Bulgaria (Hybrid)
1 Month ago

Get notifed when new similar jobs are uploaded

Jobs in Cape Town, Western Cape, South Africa

EveryMatrix - Senior Account Manager - Africa

EveryMatrix

Cape Town, Western Cape, South Africa (Hybrid)
2 Months ago
Sporty - Business Development Director, Emerging Markets

Sporty

South Africa (Remote)
2 Months ago
kuda  - Lead Data Engineer

kuda

Cape Town, Western Cape, South Africa (Remote)
1 Week ago
The Globel Talent Co - Performance Marketing Manager

The Globel Talent Co

South Africa (Remote)
1 Month ago
Jellyfish - Digital Project Manager

Jellyfish

Durban, KwaZulu-Natal, South Africa (Hybrid)
1 Month ago
Square - Support Engineer L2 (Night Shift)

Square

Johannesburg, Gauteng, South Africa (Remote)
2 Weeks ago
Lulalend - Senior Software Engineer

Lulalend

Cape Town, Western Cape, South Africa (Remote)
2 Months ago
The Globel Talent Co - Senior Photo Retoucher - Fashion

The Globel Talent Co

Cape Town, Western Cape, South Africa (Remote)
3 Months ago
Ziff Davis - Sales Director - Africa

Ziff Davis

South Africa (Remote)
2 Weeks ago
Oliver Plus - Integrated Designer (French Fluent)

Oliver Plus

South Africa (Remote)
2 Months ago

Get notifed when new similar jobs are uploaded

Similar Category Jobs

Looks like we're out of matches

Set up an alert and we'll send you similar jobs the moment they appear!

About The Company

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (Hybrid)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

Cape Town, Western Cape, South Africa (On-Site)

South Africa (On-Site)

View All Jobs

Get notified when new jobs are added by Lulalend

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug