About the Company

We are a technology-driven financial services company providing digital lending and credit products to consumers and businesses. Our lending operations rely on robust underwriting practices, reliable data, and effective credit decision systems to assess borrower affordability and maintain a healthy balance between portfolio growth and credit quality.

Role Overview

We are seeking a Credit Risk Analyst specialising in underwriting analysis and credit decisioning. The successful candidate will evaluate borrower creditworthiness, review financial and repayment information, assess affordability, and support the improvement of credit scoring and approval processes.

Working closely with underwriting, product, data, and risk management teams, you will help ensure that lending decisions are consistent, evidence-based, and aligned with the organisation’s credit risk appetite.

Key Responsibilities

• Analyse loan applications and borrower information to assess creditworthiness and repayment capacity.
• Review income, expenditure, existing liabilities, credit histories, and other relevant financial indicators.
• Evaluate borrower affordability and identify potential over-indebtedness risks in accordance with applicable requirements.
• Assess applications that require additional review due to complex financial circumstances or elevated risk indicators.
• Apply established underwriting policies and escalate exceptions for approval under the appropriate authority.
• Analyse the performance of credit scoring models, underwriting rules, and approval strategies.
• Monitor approval rates, default rates, early arrears, and other indicators of credit decision quality.
• Support the development and refinement of credit decision rules and risk-based approval thresholds.
• Investigate declined applications and underwriting exceptions to identify potential process improvements.
• Work with data and technology teams to improve the quality and use of data in credit decision systems.
• Prepare reports on underwriting outcomes, credit quality, and the effectiveness of lending strategies.
• Maintain clear documentation of credit assessments and decisions in line with internal procedures.
• Support periodic reviews of underwriting policies and relevant regulatory requirements.
• Contribute to responsible lending initiatives and the consistent treatment of applicants.

Requirements and Qualifications

• Bachelor’s degree in Finance, Banking, Economics, Accounting, Statistics, or a related discipline.
• At least 2 years of experience in credit analysis, loan underwriting, consumer lending, or credit risk operations.
• Understanding of creditworthiness assessment, affordability analysis, credit scoring, and lending decision processes.
• Familiarity with credit bureau reports, loan origination systems, or automated underwriting platforms.
• Strong analytical and quantitative skills.
• Proficiency in Excel; experience with SQL, Python, or statistical analysis tools is an advantage.
• Ability to interpret financial information and make well-supported risk recommendations.
• Strong attention to detail and clear documentation skills.
• Understanding of responsible lending principles and applicable consumer credit requirements.
• Fluency in English; Estonian language skills are beneficial.
• Ability to collaborate effectively with technical, operational, and commercial stakeholders.

What We Offer

• Competitive salary and employment benefits.
• Hybrid working arrangements and a supportive team environment.
• Exposure to modern digital lending platforms and credit decision technology.
• Opportunities to develop expertise in underwriting analytics and credit scoring.
• Access to relevant professional training and industry certifications.
• Collaboration with data specialists, product managers, and experienced risk professionals.
• Career progression into senior credit analysis, underwriting management, or credit risk modelling.

Application Instructions

Interested applicants should submit an updated CV and a cover letter outlining their credit analysis experience, underwriting knowledge, and relevant analytical skills.

Candidates selected for further consideration will be invited to an interview and may be asked to complete a practical credit assessment exercise.

We welcome applications from professionals who value responsible lending, analytical rigour, and fair credit decision-making.

Are you interested in this position?

Apply by clicking on the “Apply Now” Button below!

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