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Senior Credit Underwriter job at ABSA Bank Uganda| Apply Now
Are you looking for Bank jobs in Uganda 2025 today? then you might be interested in Senior Credit Underwriter job at ABSA Bank Uganda
About the Organisation
Absa Bank Uganda Limited is part of Absa Group Limited, an African financial services group that aims to be the pride of the continent. Absa Group Limited is listed on the JSE in South Africa and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42, 000 employees.
Absa Bank Uganda Limited is a reputable and innovative financial institution dedicated to empowering individuals and businesses with a comprehensive range of banking solutions that drive sustainable economic growth and community development. With a mission to deliver exceptional financial services and foster lasting customer relationships, the bank has earned significant recognition for its market leadership, commitment to excellence, and strong ethical standards.
Evolving from its humble beginnings into a major player in Uganda’s banking sector, Absa Bank Uganda Limited boasts a dynamic work culture that promotes diversity, continuous learning, and employee empowerment through competitive benefits, flexible work arrangements, and ample career opportunities. Leveraging a modern business model and cutting-edge technology, the bank maintains a broad reach and robust presence in the region, underpinned by core values of integrity, innovation, and customer-centricity.
Its dedication to corporate social responsibility is evident in its active support for community initiatives, educational programs, and environmental sustainability efforts. For more information, visit [Company Website].
Kampala, Uganda
Full Time
Job Title
Senior Credit Underwriter job at ABSA Bank Uganda
ABSA Bank Uganda
Job Description
Job Title: Senior Credit Underwriter
Organisation: ABSA Bank Uganda
Duty Station: Kampala, Uganda
Job Summary:
Reporting to the Credit Underwriting Manager the main purpose of the role shall be:
To make Risk Assessment for all loans with integrity and making appropriately decisions in line with the Absa’s policies and Procedures.
Duties, Roles and Responsibilities
Accountability; Assessing of loan applications
Assess application as per the Policy guidelines and make appropriate decision (approvals, declines, paused and rejects) in line with discretionary limits.
Capture fate of loan application on the system and standard template.
Confirm loan documents include signed offer letter with an offer amount which is within range
Recommend all approved secured loans for security perfection and issue offer letters.
For secured loans, sanction the loan, issue offer letter and recommend for security perfection.
For approved; stamp and sign and update the system and assessment form before forwarding to receipt desk.
Forward all offer letters to receipt desk for onward submission to branch
Accountability: Control
Outputs:
Ensure that all loans meet the set product lending criteria before approval.
Ensure that all loan applications to be captured on the system.
Forward all suspicious loan applications to fraud team for investigation.
Conduct snap checks as assigned by line manager.
Ensure safe custody of documents (loan applications and supporting documents), tools (Assessors stamp) and passwords to all systems.
Ensure accuracy of information entered in the system and standard template (assessment form) at all stages of assessment process.
Accountability: Customer Service
Outputs:
Respond to queries relating to loan assessing process from various stake holders with the set timelines
Adhere to timelines within the service level agreements (SLA’s) to ensure efficiency and quick turnaround time (TAT) in loan processing.
Accountability: Contribution to the team
Outputs:
Share best practice and any red flags that are a result of the assessment process.
Support other members of the front-end team and others in the loam processing team when required to ensure business continuity and achievement of business
Risk, Governance and regulatory:
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa policies and policy standards. Understand and manage risks and risk events (incidents) relevant to the role.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Bachelor’s degree in finance, Accounting, Economics, Business Administration, or any other Business-Related Field.
Preferred
A master’s degree (MBA or Similar)
Credit Analyst Certification (CCA)
Chartered Financial Analyst (CFA)
Certified Risk Professional (CRP)
Moody’s or S&P Credit Risk training
Training requirements Specific to the role
Know you customer (KYC) standards
Customer service, TCF and complaints handling.
Sanctions and Anti money laundering.
Information security awareness
Record management.
Data Privacy
Fraud awareness
Performance development
Absa retail lending Policies and end to end processes
Product knowledge (Retail Asset Products)
Credit Analysis
Preferred
Credit Analysis Certification Training from any recognized Institution
Knowledge and Experience
Essential
3 years’ Experience in Credit Underwriting / Credit Evaluation / Credit Analysis / Credit Sanctioning.
Experience with a range of loan types (e.g., Personal loans, SME loans, Mortgages, Secured Loans, USD denominated Loans, Credit Cards, etc.)
Understanding of Public Sector Lending, Private Sector Scheme and Non-Scheme Lending and the SME Lending Cycle.
Knowledge of Credit Risk Management.
Preferred
Knowledge of:
Anti-Money Laundering (AML) practices
Know Your Customer (KYC) policies
Customer Protection Principles.
Credit policies and procedures
Technical Skills/Competencies
Financial statement analysis: Ability to analyse balance sheets, income statements, and cash flow statements.
Credit Risk Analysis: Understanding of credit risk cycles, risk grading systems, and borrower evaluation.
Loan structuring: Familiarity with loan terms, covenants, and collateral evaluation.
Regulatory knowledge: Familiarity with lending regulations and compliance (e.g. FIA, IFRS, Basel III)
Proficiency in financial software/tools: (e.g. Excel (including formulas, pivot tables, Credit analysis software such as Moody’s Risk Calc, Credit Assessment Tools, Loan Origination Systems)
Analytical thinking: Strong ability to interpret data and make sound judgments.
Attention to detail: Ensuring accuracy in credit evaluations and documentation.
Communication skills: Clear and professional writing and verbal communication for loan memos and stakeholder presentations.
Decision-making: Confident in making data-driven lending decisions.
Time management: Ability to meet deadlines under pressure while handling multiple applications.
How to Apply
All suitably qualified and interested candidates who wish to join ABSA Group in the aforementioned capacity should apply online at the APPLY Button below.
Deadline: 12th October 2025
