Responsibilities
 

• To act as the principal support for the Credit Risk function covering Italy.
• Deputise in the absence of the Credit Risk Policy Leader.
• Review lender referrals and make final underwriting decision by informing the lender.
• Identify and evaluate trends in the underwriting quality, assess potential impact and recommend actions.
• Support the conducting of external customer audits as part of a regular programme including the review of non-performing loans against agreed arrears and collection procedures.
• Analyse audit trends and summarize results for internal and external presentation.
• Understand and monitor the housing markets across Italy.
• Support the Credit Risk Policy Manager in due diligence as part of new country approval and new deals.
• Analyse lender portfolios and support Risk in London in the production of regular portfolio reporting.
• Support the Credit Risk Policy Manager in the development and monitoring of credit policy.
• Support the business expansion in the Italian market, establish and maintaining appropriate credit policy best practices.
• Be a prime source of credit policy expertise to facilitate customer negotiations and ongoing business reviews.
• Understand and develop Master Policies across Italy.
• Make recommendations to the Credit Risk Policy Manager and Risk in London where any aspect differs from the country standard and oversee any amendments.
• Develop and maintain strong relationships with the internal Business functions (Risk, Operations, IT, Finance, Loss Mitigation and Sales).
• Support the delivery of internal and external customer needs with regard to credit policy.
• Provide Risk support to the business.
• Provides informal and formal underwriting training as required.
• Mentors less experienced underwriting personnel on market conditions, competitors, relationship management.
• Meets all file documentation standards, complies with underwriting and authority level.
• Responsible for conducting regular and periodic underwriting self-review.

Education & Experience
 

• Good underwriting knowledge, strong experience in mortgage lending underwriting
• Strong team player with an ability to take proactive initiatives in a team or individual environment
• Ability to think logically and make recommendations often on incomplete or conflicting information
• Good interpersonal and communication skills both internally and externally and a flexible approach to deal with ad-hoc tasks
• Ability to work accurately and quickly
• MS Office (Excel, PowerPoint) proficiency
• Strong presentation skills, both written and oral
• Fluent in English

Genworth Financial is a leading global insurer serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers throughout 25 countries. It employs some 7,000 people worldwide, boasting a diverse and talented team of professionals.
In Europe, Genworth focuses on Payment Protection and Mortgage Insurance, working with banks, IFA’s and other financial institutions. Its products help these groups to grow their business by reducing the risk of their loan portfolios and increasing revenues.
By combining its pan-European experience with local knowledge and service, Genworth Financial offers its clients a unique partnership approach.
For more information on Genworth, please visit: www.genworth.com