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
Join a dynamic and supportive team in the heart of the City of London, where your role as a Team Secretary/Office Manager will be pivotal in ensuring smooth operations across various departments. We pride ourselves on fostering a collaborative work culture that values initiative and personal growth, offering opportunities for professional development while maintaining a vibrant office environment. With competitive benefits and a commitment to employee well-being, this is an excellent opportunity for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Underwriter in Harrow
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Quantum Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Quantum Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Quantum Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Quantum Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Quantum Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Quantum Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Quantum Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Quantum Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
