Underwriter - Secured Loans
Fully remote - within the UK
Up to £40,000 + Commission
Our client is a household name and an established leader within their niche, employing circa 180 people across the UK. As an innovative disruptor within financial services, our client has built a bespoke cutting-edge platform, which enables their underwriters to work efficiently and at a high volume.
Due to year-on-year growth, our client is actively seeking an experienced ambitious Underwriter / Case Manager to join their successful Secured Loans team.
The purpose of this position is to assess and underwrite secured loan applications, with a particular focus on repackaging cases that do not initially fit standard criteria to find suitable solutions for customers. You will be responsible for the full underwriting journey, ensuring a quick, simple and smooth experience for clients while maintaining robust risk assessment standards.
Key Responsibilities
- Assess and underwrite secured loan applications against lending criteria
- Repackage and restructure cases that don\'t initially fit to create viable solutions for customers
- Conduct thorough risk assessments and make informed lending decisions
- Work collaboratively with case managers and brokers to optimize application outcomes
- Ensure compliance with regulatory requirements and company policies
- Meet strict customer deadlines while maintaining quality standards
- Provide clear rationale for decisions and alternative solutions where appropriate
- Contribute to process improvements and policy development
Requirements
- 5+ years experience in secured loan underwriting within a brokerage - Essential
- Proven ability to creatively repackage cases and find solutions for complex applications
- Strong understanding of whole of market secured lending products
- Experience working to strict customer deadlines
- CeMAP or part CeMAP qualified (not essential but advantageous)
- Excellent analytical, communication and decision-making skills
- Strong attention to detail and risk assessment capabilities
- Ability to work independently in a remote environment
Benefits
As the successful applicant you will be rewarded with a competitive salary up to £40,000 and an excellent commission structure.
Work from home - our client will provide a laptop and necessary equipment/software which will enable you to excel.
The comprehensive benefits package includes:
- Paid holiday
- Pension scheme
- Access to a flexible benefits portal where you can pick and choose the benefits that work for you
- BUPA health insurance
- Ongoing professional development opportunities
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Secured Loans in Woking
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like MyWork. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from MyWork.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like MyWork. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in MyWork and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show MyWork how you can be a team player!
How to prepare for a job interview at MyWork
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with MyWork.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with MyWork's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
