At a Glance
- Tasks: Manage and assess secured loan applications, ensuring smooth client experiences.
- Company: Join a leading financial services innovator with a dynamic team of 180 professionals.
- Benefits: Enjoy remote work, competitive salary up to £40,000, commission, and flexible benefits.
- Why this job: Be part of a growing team that values creativity and offers impactful solutions for customers.
- Qualifications: 5+ years in secured loan underwriting; strong analytical and decision-making skills required.
- Other info: Work remotely within the UK; equipment provided for your success.
The predicted salary is between 28800 - 48000 £ per year.
This is a remote position.
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 Case Manager / Underwriter 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
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
- Access to a flexible benefits portal where you can pick and choose the benefits that work for you
- BUPA health insurance
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.
Underwriting Case Manager - Secured Loans employer: MyWork
Contact Detail:
MyWork Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Case Manager - Secured Loans
✨Tip Number 1
Familiarise yourself with the latest trends in secured loans and underwriting. Understanding the current market dynamics will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in secured loans. Attend industry events or join online forums to connect with potential colleagues and gain insights that could give you an edge.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully repackaged complex loan applications in the past. Highlighting your problem-solving skills will show that you're capable of handling the challenges of the role.
✨Tip Number 4
Research the company’s values and culture. Tailoring your approach to align with their mission can make a strong impression and demonstrate that you're not just looking for any job, but are genuinely interested in contributing to their success.
We think you need these skills to ace Underwriting Case Manager - Secured Loans
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in secured loan underwriting. Focus on your ability to assess and repackage cases, as well as any specific achievements that demonstrate your skills in this area.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the Underwriting Case Manager role. Emphasise your experience with risk assessments and your ability to meet strict deadlines while maintaining quality standards.
Showcase Your Problem-Solving Skills: In your application, provide examples of how you've creatively solved complex underwriting challenges in the past. This will demonstrate your capability to find viable solutions for customers.
Highlight Remote Work Experience: Since this is a remote position, mention any previous experience working independently in a remote environment. Discuss how you manage your time and maintain productivity while working from home.
How to prepare for a job interview at MyWork
✨Know Your Underwriting Basics
Make sure you brush up on your knowledge of secured loans and underwriting processes. Be prepared to discuss how you assess applications and the criteria you use to make lending decisions.
✨Showcase Your Problem-Solving Skills
Since the role involves repackaging cases that don't fit standard criteria, be ready to share examples of how you've creatively solved complex underwriting challenges in the past.
✨Demonstrate Attention to Detail
Highlight your ability to conduct thorough risk assessments and maintain quality standards. Prepare to discuss specific instances where your attention to detail made a significant impact on an application.
✨Familiarise Yourself with Regulatory Requirements
Understand the compliance aspects of underwriting and be ready to explain how you ensure adherence to regulatory requirements in your previous roles. This will show your commitment to maintaining high standards.