Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join us as an Underwriter, processing credit and fraud referrals for customers.
- Company: Castle Trust Bank is a fintech challenger bank offering innovative credit solutions.
- Benefits: Enjoy hybrid working, competitive salary, performance bonuses, and generous annual leave.
- Why this job: Be part of a dynamic team driving financial innovation with a focus on wellbeing.
- Qualifications: Proven underwriting experience and strong credit assessment skills are essential.
- Other info: We celebrate diversity and support applicants with disabilities.
The predicted salary is between 36000 - 60000 £ per year.
The opportunity
We have an opportunity for an Underwriter to join us on the exciting and rewarding path we are taking here at Castle Trust Bank. We pride ourselves in being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers.
Our retail finance division, Omni Capital, partners with retailers nationwide to provide their customers with innovative credit solutions, using state-of-the-art technology that allow them to spread the cost of their purchases. We’re on the lookout for new talent to join Omni to help continue to drive our thriving business forward.
We offer finance in-store or online with credit decisions provided within seconds, and as an Underwriter you will be responsible for processing credit and fraud referrals from point-of-sale customers. Providing support to the Omni Operations team, you will play an important role in evaluating the accuracy and authenticity of loan applications, validating identify and assessing affordability to fulfil the obligations of the credit agreement applied for and ensuring that credit applications are decisioned in an accurate and timely manner, making full use of all systems and processes available.
The role is based at our Basingstoke office (which is the home to the Omni Operations team) with hybrid working available once competent in the role (a minimum of 3 days per week in the office). This is a full-time opportunity, covering the following hours: 37.5 hours per week, shifts across the following – 9am to 8pm Monday to Friday, 9am to 6pm Saturday and 10am to 5pm Sunday).
What we are looking for in you…
What is important to us is that you have proven underwriting experience (this could be from an insurance, mortgage or consumer credit setting) with strong credit assessment capability with the ability to review credit searches, fraud indicators and bank statements to make informed lending decisions. Considering the nature of the role, you should have a good awareness of the consumer credit act and FCA regulation.
In addition, you should be inquisitive and analytical with the ability to pay meticulous attention to detail, with excellent communication skills and the ability to make sound, risk-based lending decisions in what will be a busy and pressurised environment. Considering the nature of this role, you will need to be comfortable working to targets whilst at the same time being thorough and methodical in your approach.
What’s in it for you…
As well as a competitive salary, we offer an annual performance related bonus based on individual and company performance. In addition, a generous contributory pension scheme through Hargreaves Lansdown, life assurance, 25 days annual leave (plus bank holidays on top) with the option to buy/sell up to 5 additional days (terms apply). In addition, you will receive an extra day paid annual leave for Volunteering.
Wellbeing is also high on our agenda, and we offer private healthcare through Bupa. In addition, all colleagues have free access to TELUS Health EAP to support their health and wellbeing. We also offer free eye test vouchers and discounted gym membership, and if that’s not enough, we also offer season ticket travel loans (if applicable).
Caught your attention?If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank – The Place To Work!
Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit.
We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contacttalent@castletrust.co.uk
Check out our careers page:https://www.castletrust.co.uk/careers/who-we-are
#J-18808-Ljbffr
Consumer Credit Underwriter employer: LGBT Great
Contact Detail:
LGBT Great Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consumer Credit Underwriter
✨Tip Number 1
Familiarise yourself with the Consumer Credit Act and FCA regulations. Understanding these will not only help you in the interview but also demonstrate your commitment to compliance and risk management, which are crucial for an Underwriter role.
✨Tip Number 2
Brush up on your analytical skills by practising credit assessments. Use sample loan applications to evaluate credit searches and fraud indicators, as this will prepare you for the practical aspects of the job and show your proactive approach.
✨Tip Number 3
Network with professionals in the fintech and underwriting sectors. Engaging with others in the industry can provide insights into the latest trends and challenges, making you a more informed candidate when discussing your experience and knowledge.
✨Tip Number 4
Prepare for situational interview questions by thinking of examples where you've made sound lending decisions under pressure. This will showcase your ability to work methodically while meeting targets, which is essential for the role at Castle Trust Bank.
We think you need these skills to ace Consumer Credit Underwriter
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Consumer Credit Underwriter. Familiarise yourself with the key skills required, such as credit assessment and knowledge of the consumer credit act.
Tailor Your CV: Highlight your relevant underwriting experience in your CV. Be specific about your previous roles, focusing on your credit assessment capabilities and any experience with fraud indicators or bank statements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and attention to detail. Mention how your experience aligns with the company's goals and values, particularly in providing innovative credit solutions.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial for this role.
How to prepare for a job interview at LGBT Great
✨Showcase Your Underwriting Experience
Make sure to highlight your previous underwriting experience, whether it's in insurance, mortgages, or consumer credit. Be prepared to discuss specific cases where you made informed lending decisions and how you assessed credit searches and fraud indicators.
✨Demonstrate Knowledge of Regulations
Familiarise yourself with the Consumer Credit Act and FCA regulations. During the interview, be ready to explain how these regulations impact your decision-making process and how you ensure compliance in your work.
✨Exhibit Analytical Skills
Prepare to discuss your analytical approach to evaluating loan applications. Provide examples of how you've used attention to detail to identify discrepancies in bank statements or other documents, and how this has influenced your lending decisions.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex topics like credit assessments. Consider role-playing with a friend to enhance your confidence.