At a Glance
- Tasks: Assess consumer lending applications and ensure sound credit decisions.
- Company: A dynamic specialist lender with ambitious growth plans.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: Collaborative culture with strong focus on customer outcomes.
- Why this job: Join a fast-paced environment and make a real impact in consumer finance.
- Qualifications: Experience in unsecured lending or consumer applications preferred.
The predicted salary is between 35000 - 45000 € per year.
A growing specialist lender is looking to hire a Credit Underwriter to support its expanding consumer finance operation. This is an opportunity to join a fast-moving financial services business that has recently gone through significant transformation and investment, with ambitious growth plans across retail lending products. The business operates in a modern, digital-first environment and is seeking someone who enjoys balancing customer outcomes with sound credit decisioning in a regulated setting.
The Role
You’ll be responsible for assessing consumer lending applications across a range of retail finance products, ensuring decisions are aligned to internal policy, affordability requirements and responsible lending principles. The role involves reviewing applications from initial submission through to final outcome, using a range of systems and supporting documentation to assess risk, verify information and identify potential fraud or financial crime concerns. You’ll work closely with operational, risk and customer teams, helping to maintain service levels whilst contributing ideas to improve underwriting processes and customer journeys. This role suits someone comfortable working in a fast-paced environment where attention to detail, sound judgement and customer focus are essential.
Key Responsibilities
- Assess consumer credit applications in line with lending policy and risk appetite
- Review supporting documentation including bank statements, payslips and identification documents
- Carry out affordability and creditworthiness assessments using bureau data and internal systems
- Identify and escalate fraud, AML or financial crime concerns where required
- Complete due diligence checks including sanctions, PEP and AML screening
- Manage applications through to completion, referral or decline
- Communicate with customers and third parties regarding outstanding information and application queries
- Maintain strong service levels and turnaround times across applications
- Support continuous improvement initiatives within the underwriting function
- Work collaboratively with colleagues across operations, risk and customer support teams
Experience Required
- Experience within unsecured lending, retail finance or personal loans would be advantageous, although candidates from secured lending backgrounds will also be considered.
- Previous experience underwriting consumer lending applications
- Background within an FCA regulated financial services environment
- Understanding of affordability assessments and responsible lending principles
- Experience reviewing customer documentation and credit bureau data
- Strong attention to detail and decision-making ability
- Comfortable working to service levels in a high-volume environment
- Excellent communication skills with a customer-focused approach
Working Pattern
This position operates on a rotating shift basis across a 35-hour week, including evenings and weekends. Typical pattern includes:
- Early shifts between 8am to 4pm
- Late shifts 12pm to 8pm
- Approximately 1 in every 4 to 5 weekends, Weekend hours are typically 10am to 5pm
To apply, send your CV to
Underwriter in London employer: Morson Edge (Financial Services)
Join a dynamic and innovative financial services provider that prioritises employee development and fosters a collaborative work culture. With a modern, digital-first approach and a commitment to responsible lending, this company offers a supportive environment where you can thrive in your role as an Underwriter while contributing to meaningful customer outcomes. Enjoy the flexibility of hybrid working and the opportunity to be part of a rapidly growing team with ambitious plans for the future.
Contact Detail:
Morson Edge (Financial Services) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to underwriting. Think about how you can showcase your attention to detail and decision-making skills, as these are key in this role.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for opportunities that match your skills and interests, especially in consumer lending.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. It’s a simple way to stand out from the crowd.
We think you need these skills to ace Underwriter in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Underwriter role. Highlight your experience in consumer lending and any relevant skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Attention to Detail:Since this role requires a keen eye for detail, include examples in your application where you've successfully managed risk or identified issues in previous roles. We love candidates who can demonstrate their decision-making abilities!
Communicate Clearly:Your written communication skills are crucial for this position. Ensure your application is clear, concise, and free of errors. We appreciate candidates who can convey information effectively, just like we do with our customers.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Let’s get your journey started with us!
How to prepare for a job interview at Morson Edge (Financial Services)
✨Know Your Stuff
Make sure you brush up on your knowledge of consumer lending and underwriting principles. Familiarise yourself with the key responsibilities listed in the job description, especially around assessing credit applications and understanding affordability assessments. This will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Attention to Detail
Since this role requires a strong focus on detail, prepare examples from your past experience where your attention to detail made a difference. Whether it was catching a mistake in documentation or ensuring compliance with lending policies, these anecdotes will demonstrate your suitability for the position.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your decision-making skills in a regulated environment. Think about how you would handle specific situations, such as identifying potential fraud or managing a high-volume application process. Practising these scenarios can help you articulate your thought process during the interview.
✨Communicate Clearly and Confidently
As communication is key in this role, practice explaining complex concepts in simple terms. Be ready to discuss how you would communicate with customers and third parties regarding application queries. Clear communication will not only showcase your skills but also reflect your customer-focused approach.
