Head of Underwriting
Lendorse
Administration
Posted on Jan 10, 2025
Head of Underwriting for Lendorse
About the mission you’d join:
Are you passionate about financial inclusion and social impact? Meet Lendorse, a dynamic and innovative Fintech/Edtech startup that is breaking down barriers to education for talented students from developing countries. At Lendorse, we believe that everyone deserves access to quality education, regardless of their financial background. That's why we offer Income Share Agreements (ISAs) and mentoring to help students achieve their dreams without the burden of debt. Our proprietary predictive salary model allows us to assess creditworthiness without a credit check, collateral, or co-signer, meaning we can help those who are often overlooked by traditional financial institutions. Join us in our mission to empower the next generation of leaders and make a real difference in the world. Visit our website at https://lendorse.com to learn more.
With our rapid expansion on the horizon and increasing student demand, we’re looking for an experienced Head of Underwriting to join our senior management team. You will have the chance to own our underwriting & student scoring model as well as drive investment decisions for Lendorse.
You will:
Own and further develop our underwriting and student scoring model for evaluating student applicants, including identifying gaps and areas of improvement
Build systems or models to analyse and interpret data to assess the creditworthiness and risk profile of students
Incorporate external market factors and data into the underwriting model to ensure accurate risk assessment
Leverage advanced analytics and machine learning techniques in underwriting
Lead the data collection efforts to ensure informed data-based decision-making
You have:
A Master’s degree in a relevant field (e.g., finance, economics, mathematics, data science)
A minimum of 3 years of experience in underwriting or an adjacent field, preferably in an insurance, financial or lending institution
A strong proficiency in data analysis and modelling, with expertise in using statistical software and programming languages such as Python
A solid understanding of credit risk assessment principles and methodologies
The ability to interpret complex financial data and make sound underwriting decisions
Strong analytical and problem-solving skills, with attention to detail
A self-motivated and proactive mindset, with the ability to work independently and manage multiple priorities
Benefits of working for Lendorse
Remote working? Workation? Flexible hours? All of these perks are yours to choose! This role will start off 100% remote, until we move into an office in Berlin, where we will have a hybrid model, and you have the chance to directly work alongside the founders!
Accompany a start-up from its early stage and enjoy the fast-paced environment with opportunities for you to work creatively and actively shape Lendorse's future
Work in a friendly, low-hierarchy and down-to-earth environment with awesome people (even if we do say so ourselves!)
The chance to make a real impact on the world
If you are a passionate and experienced underwriter with a strong commitment to financial inclusion and social impact, we would love to hear from you. Visit our website at https://lendorse.com to learn more about Lendorse and our mission.
Contact:
Evgenii Avdeev: avdeev@lendorse.com
