At a Glance
- Tasks: Underwrite loans and manage client relationships in a dynamic banking environment.
- Company: International Bank based in Harrow, offering a collaborative workplace.
- Benefits: Competitive salary, career development opportunities, and a supportive team culture.
- Other info: Opportunity for professional growth and involvement in innovative financial solutions.
- Why this job: Join a leading bank and make impactful decisions in the lending process.
- Qualifications: 3-5 years of experience in credit underwriting and knowledge of UK lending.
The predicted salary is between 45000 - 55000 £ per year.
We are hiring for a Credit Underwriter role for an International Bank based in Harrow .
MAIN RESPONSIBILITY
Processing and underwriting of Corporate Loans, Commercial Retail Estate proposals, BTL Loans and personal Loans.
- JOB RESPONSIBILITY
- Underwriting of Corporate, CRE, personal, BTL Loans and ensuring successful execution of the transactions being pursued along with related client & introducer relationship management.
- Manage the assessment and processing of lending proposalsfrom the business team, and presentation of proposals to Sanctioning Committee.
*Operational responsibility for the annual review process for all existing credit portfolio loans to ensure that all borrowing requirements and covenants are being adhered to.
Minimizing of credit risks associated with loan applications in accordance with the Banks operating policies and procedures.
Undertake site visits as required.
*Liaise with the Originations team to agree a clear rationale for agreeing or rejecting applications, prior to processing.
- Monitoring of existing loan portfolio, identifying early arrears or potential problem accounts, and making necessary recommendations.
- Ensure the credit decisions are made within regulatory standards and adhere to TCF principles and Customer First standards.
- To provide support to the CCO in all operational areas of the Credit Department.
- Liaising with Solicitors/ Valuation Firms for end-to-end solution for credit proposals
- Presentation to Risk Committee and other UK management committees for introduction and renewal of new / existing products.
Must Have
- Knowledge of UK lending environment.
* 3-5 years' experience in underwriting or assessing credit proposals
Credit Underwriter in Harrow employer: Quantum Group Careers
Quantum Consulting is an exceptional employer located in the heart of Canary Wharf, London, offering a dynamic work environment that fosters professional growth and development. With a strong focus on KYC and financial crime projects, employees benefit from engaging in meaningful work that directly impacts regulatory compliance across various sectors. The company promotes a collaborative culture, providing ample opportunities for skill enhancement and career advancement while ensuring a supportive atmosphere for all team members.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Underwriter in Harrow
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Quantum Group Careers. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Underwriter in Harrow
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Quantum Group Careers.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Quantum Group Careers's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Quantum Group Careers
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Quantum Group Careers.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Quantum Group Careers will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Quantum Group Careers employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
