At a Glance
- Tasks: Assess consumer lending applications and ensure sound credit decisions.
- Company: A growing specialist lender with ambitious growth plans.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: Collaborative team culture with a focus on continuous improvement.
- 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 40000 - 50000 € 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 jim.chappell@morson-edge.com
Underwriter 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 commitment to modern, digital-first practices, this company offers a supportive environment where you can thrive in your role as an Underwriter while contributing to meaningful customer outcomes. Enjoy the benefits of hybrid working, competitive remuneration, and opportunities for professional growth in a rapidly expanding sector based in London.
Contact Detail:
Morson Edge (Financial Services) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter
✨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’d assess risk and make decisions, and be ready to share your thought process with potential employers.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your experience with consumer lending and credit assessments. This can set you apart from other candidates and demonstrate your expertise.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Underwriter role. Highlight your experience in consumer lending and any relevant achievements to grab our attention!
Showcase Your Attention to Detail:Since this role requires a keen eye for detail, include examples in your application that demonstrate your ability to assess risk and make sound decisions. We love seeing how you’ve tackled challenges in the past!
Communicate Clearly:Your written communication skills are crucial for this position. Keep your application clear and concise, and don’t forget to express your customer-focused approach. We want to see how you connect with 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’re considered for the role. Don’t miss out on this opportunity!
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 company's policies and the regulatory environment they operate in. This will show that you're not just interested in the role, but that you understand the nuances of the industry.
✨Showcase Your Attention to Detail
As an Underwriter, attention to detail is crucial. Prepare examples from your past experience where your meticulousness made a difference. Whether it was catching a potential fraud issue or ensuring compliance with lending policies, be ready to discuss how your careful approach has benefited previous employers.
✨Communicate Clearly
Since you'll be working closely with customers and various teams, strong communication skills are a must. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few scenarios where you successfully resolved customer queries or collaborated with colleagues to improve processes.
✨Embrace the Fast-Paced Environment
This role is all about balancing speed with accuracy. Be prepared to discuss how you've thrived in high-pressure situations before. Share specific examples of how you managed your time effectively while maintaining service levels, especially in a busy financial services setting.
