Underwriter - Auto Loans Specialist

4 weeks ago


Toronto, Ontario, Canada Kora Full time
About Kora

Kora is a pioneering company that has developed a proprietary non-FICO underwriting system, enabling it to provide financing to individuals who are often rejected by traditional lenders. With a strong presence in the US dealership market, Kora is now expanding its business and seeking a talented Underwriter to join its team.

Job Summary

We are seeking a highly skilled Underwriter to review, analyze, and approve applications for auto loans. The ideal candidate will have a keen eye for detail, excellent communication skills, and the ability to work in a fast-paced environment. As a key member of our team, you will be responsible for making lending decisions, collaborating with the customer support team, and working closely with Data Scientists on various testing initiatives and projects.

Key Responsibilities
  1. Review and analyze loan applications, ensuring that all necessary information is provided and that the loan decisions comply with internal policies and federal and state regulations.
  2. Collaborate with the customer support team to provide analytical and operational support, ensuring seamless communication and efficient loan processing.
  3. Work closely with Data Scientists on various testing initiatives and projects, leveraging your analytical skills to drive business growth and improve efficiencies.
  4. Develop and maintain a deep understanding of Kora's underwriting system, ensuring that you are up-to-date with the latest developments and best practices.
Requirements
  1. Bachelor's degree in a business-related field, such as mathematics, statistics, finance, economics, or business administration.
  2. Excellent communication, writing, and interpersonal skills, with the ability to work effectively with cross-functional teams.
  3. Previous underwriting experience, preferably in auto loans or car dealership, with a strong understanding of lending regulations and policies.
  4. Knowledge of Python programming language is a plus, but not required.
  5. Self-motivated and willing to assume responsibility, with a strong work ethic and ability to meet deadlines.
  6. Ability to drive change and improve efficiencies on the team, with a focus on delivering high-quality results.
What We Offer
  1. A competitive salary range of $60,000 - $80,000 CAD annually, with opportunities for annual bonuses based on individual and company performance.
  2. A flexible work-from-home policy, allowing you to balance your work and personal life.
  3. Comprehensive health, vision, and dental insurance, ensuring your well-being and peace of mind.
  4. A company-provided MacBook, enabling you to stay connected and productive on the go.
  5. An annual learning credit of $500, supporting your professional development and growth.

Kora is an equal opportunities employer, committed to creating a diverse and inclusive work environment. If you are a motivated and detail-oriented Underwriter with a passion for automotive finance, we encourage you to apply for this exciting opportunity.



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