Credit Underwriter, Scania Credit

Scania Credit (SCA), a captive Financial Services entity, provides end customer financing and insurance solutions for Middle East, West African and Central Asia markets. In addition, SCA´s factoring solution offers extended payment terms to non-captive dealers, supporting sales of Scania products and services, globally. 

The Head Office and market support-centre of SCA is based in Södertälje, supporting the local markets with governance, management, strategical development, credit risk function, contract administration and IT systems. Currently we are in total 50 employees, whereof 35 in Södertälje, managing a portfolio of about 300 MEUR of assets at 10+ markets.

We are a versatile team consisting of 6 team members with different backgrounds and experiences. The Credit Risk department is responsible for credit underwriting, collection control, credit risk analysis and continuous development of processes and systems in cooperation with other functions within the company. We work from Scania Credit’s offices in Södertälje, where our modern work environments offer flexible solutions such as project areas, quiet rooms and a lounge for coffee breaks. 

We value team spirit, diversity and respect. We believe that every employee should be able to be themselves at work.
Our corporate culture is characterized by respect for the individual, continuous improvement and always putting the customer first. We invest in training and developing our employees because we know that they are our most important resource.

In your role you will work with the Credit Risk Team, cross-functionally with other departments and in close cooperation with other Scania Business Units. In this role, you will be reporting to the Head of Credit Risk Department. 

Job responsibilities
Your main responsibility is to work in the daily credit underwriting process, reviewing credit 
applications for new and existing customers.

The role will include the following tasks:

• Work with documentation of routines and processes in the Credit Risk Department
• Perform assessment of the cases submitted for the credit decision
• Make recommendations on securities and collaterals 
• Check, discuss best structure and present the final form for credit decisions
• Revision of credit applications according to the Credit Policy framework
• Guarantee compliance with Credit Policy and other active steering documentation
• Make credit decisions in accordance to SCA Credit mandates together with recommendations for all deals above own mandate level to Head of Credit Risk Department and Managing Director
• Credit ratings analysis and approvals 
• Support in other underwriting related activities
• Support in GRC framework implementation
• Support other departments in Credit Risk related topics 
• Back testing of credit decisions
• Active participation in Credit Risk related projects

Who you are:

• Structured and analytical
• Eager and able to work in a multi-cultural environment
• Fluent in English (fluency in Swedish is preferred)
• University degree preferably in business or economics
• Working experience within financial sector (minimum 2 years)
• Flexibility and professional attitude
• Ability to work both in a team and independently

Scania Offers 

We offer a dynamic, flexible workplace with hybrid work options, including Scania Sergel and Midway hubs. With a structured development plan and courses, Scania supports your career growth both locally and internationally. 

Benefits include training at our health center Gröndal or wellness allowance, result bonus, flexible hours, and company car leasing. Scania also hosts events for employees and their families, and Stockholm residents enjoy direct access to Södertälje via Scania Job express buses.

Application 
Your application should include a CV and any relevant certificates. We welcome all applicants and strive for diversity in our recruitment processes.

Apply as soon as possible, no later than 2025-04-09. Screening will take place on an ongoing basis during the application period. Logical and personality tests may be used as part of the selection process, and a background check may be required for this role.

If you have questions or would like more information, please contact: 
Daniel Khajebahri, Commercial Director daniel.khajebahri@scania.com  

We look forward to your application!

Additional information:

Scania Financial Services (SFS) is part of TRATON Financial Services, serving Scania customers, dealers and distributors in 66 markets through 22 business units (BU’s) by offering competitive and innovative financing and insurance solutions. With over 1200 dedicated professionals. 

The role is a great opportunity to work in a dynamic and international environment with interesting projects. If you like new challenges and think about future growth within Scania Financial Services you are the one we are looking for!