Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assess and underwrite credit applications for SMEs using fintech tools.
- Company: Join an innovative Alternative Finance lender empowering SMEs across the UK.
- Benefits: Enjoy a competitive salary, professional development, and a supportive team culture.
- Why this job: Be part of a dynamic team disrupting traditional lending with fast, flexible solutions.
- Qualifications: 1 year in financial services; experience in credit or commercial lending preferred.
- Other info: Full training provided; ideal for those eager to learn and collaborate.
The predicted salary is between 28800 - 43200 £ per year.
Location: Office based - NW3, London
Our client is an established, innovative and rapidly growing Alternative Finance lender dedicated to empowering small and medium-sized enterprises (SMEs) with the funding they need to grow and succeed. With a commitment to offering transparent and customer-centric solutions, they are disrupting the traditional lending industry and providing fast, flexible, and accessible financing to SMEs across the UK. As they continue to grow, they are seeking a Junior Underwriter to join their dynamic team.
Role Overview: As a Junior Underwriter, you will be responsible for assessing and underwriting credit applications for SMEs, using both traditional credit analysis and advanced fintech tools. You will be responsible for making mandated underwriting decisions, provide mentorship to junior underwriters, and collaborate with the risk, sales, and operations teams to ensure smooth loan origination and credit decision-making. As this is a Junior role, we are open to someone with less Underwriting/Credit experience who is able to prove that they are financially literate through education or experience; full training and shadowing will be provided to learn on the job. As this is a small team, we need someone who is a team player and that can work collaboratively with others.
Key Requirements:
- At least 1 year of experience in financial services, ideally in a credit related role.
- Ideally experienced within the commercial lending and SME lending sector.
- Financially literate either from experience or education.
- Team player, willingness to learn and participate to help others.
- Analytical, detail orientated and proactive.
- Strong problem-solving skills and the ability to work under pressure to meet deadlines.
- Excellent communication and interpersonal skills for collaboration with cross-functional teams and external stakeholders.
Benefits:
- Highly competitive salary
- Opportunities for professional development and career progression
- Fast paced, growing business with appetite to lend
- A supportive and inclusive team culture
How to Apply: If you're passionate about fintech and eager to join a dynamic and growing company, we want to hear from you! Please attach your CV to this job posting. Due to the high volume of applications, we will not be able to respond to every applicant.
Junior Underwriter employer: Fintellect Recruitment
Contact Detail:
Fintellect Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Underwriter
✨Tip Number 1
Familiarise yourself with the fintech landscape, especially in relation to SME lending. Understanding the latest trends and technologies in this sector will not only impress during interviews but also help you engage more effectively with the team.
✨Tip Number 2
Network with professionals in the financial services industry, particularly those involved in underwriting or credit analysis. Attend relevant events or join online forums to build connections that could provide insights or even referrals for the role.
✨Tip Number 3
Brush up on your analytical skills and problem-solving techniques. Consider taking online courses or workshops that focus on credit analysis and risk assessment, as these will be crucial in your role as a Junior Underwriter.
✨Tip Number 4
Prepare to demonstrate your teamwork abilities. Think of examples from your past experiences where you collaborated successfully with others, as this role requires a strong team player who can work well with various departments.
We think you need these skills to ace Junior Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Junior Underwriter. Familiarise yourself with credit analysis and the specific requirements mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in financial services, especially any roles related to credit or lending. Emphasise your analytical skills and any teamwork experiences that showcase your ability to collaborate.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for fintech and your eagerness to learn. Mention how your background aligns with the company's mission to support SMEs and your willingness to grow within the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application demonstrates attention to detail, which is crucial for a role in underwriting.
How to prepare for a job interview at Fintellect Recruitment
✨Show Your Financial Literacy
As a Junior Underwriter, demonstrating your financial literacy is crucial. Be prepared to discuss any relevant education or experience that showcases your understanding of credit analysis and financial concepts.
✨Emphasise Teamwork Skills
Since the role requires collaboration with various teams, highlight your ability to work well in a team environment. Share examples of past experiences where you successfully collaborated with others to achieve a common goal.
✨Prepare for Problem-Solving Scenarios
Expect to be asked about how you would handle specific challenges related to underwriting. Prepare some scenarios where you effectively solved problems under pressure, showcasing your analytical and detail-oriented mindset.
✨Communicate Clearly and Confidently
Excellent communication skills are essential for this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex financial topics or your previous experiences in financial services.
