Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Underwriting Team to handle complex transactions and engage with key stakeholders.
- Company: Shawbrook is a purpose-led bank focused on delivering premium finance solutions and excellent customer experiences.
- Benefits: Enjoy flexible work options, generous holiday allowances, mental health support, and recognition schemes.
- Why this job: Be part of an innovative culture that values collaboration and personal growth while making a social impact.
- Qualifications: Strong experience in Commercial and Residential Investment Property with excellent credit-underwriting skills required.
- Other info: Proficiency in MS Office and knowledge of regulatory compliance are essential for this role.
The predicted salary is between 43200 - 72000 £ per year.
To work as a member of the Underwriting Teams to deliver the required origination levels for the Division.
The role specializes in larger, complex transactions (£1.25m+) and involves extensive interaction with key stakeholders such as Group Risk, Head of Underwriting, National Sales Manager, and members of both the Complex Deal Forum and Credit Approval Committee.
Responsibilities include preparing detailed credit papers for submission to Group and delivering favorable customer outcomes in terms of credit assessment and customer experience.
The role requires analyzing and understanding credit risks, ensuring compliance with Asset Class and Lending Policies across First and Second Lines of Defense, and embedding the Bank and Division’s Risk Management Framework within all activities.
The role holder will initially exercise delegated lending authority of up to £1.25m and participate in ad hoc projects. They will be accountable for their cases and mentor less experienced underwriters, acting as a subject matter expert for Credit Risk, engaging with stakeholders to support objectives, and escalating issues promptly.
Reporting all regulatory concerns to senior management and ensuring data integrity and process adherence are also key responsibilities.
The Person
- Strong experience in Commercial and Residential Investment Property.
- Deep business and financial acumen.
- Industry knowledge in Commercial Property lending, including risks, structures, covenant requirements, pricing, and competition.
- Ability to analyze business finances and non-financial aspects effectively.
- Excellent customer service, presentation, and negotiation skills.
- Experience in executive-level reporting on strategic initiatives.
- Thorough understanding of credit risk management, credit administration, and loan servicing.
- Proven credit-underwriting skills in banking or finance.
- Regulatory compliance and good standing with authorities.
- Strategic thinking, business planning, and market insight.
- Knowledge of the Consumer Credit Act and Data Protection Act.
- Proficient in MS Office (Excel, Word, PowerPoint).
The Opportunity
Shawbrook offers finance to diverse customer segments, emphasizing a premium experience, flexibility, and value. As a purpose-led organization, it focuses on long-term value creation for stakeholders.
Its diversified offerings include structured credit facilities, mortgages for landlords and investors, and digital consumer loans, funded through customer deposits.
The company combines deep expertise with advanced digital capabilities to deliver excellent customer experiences efficiently. Shawbrook fosters an innovative, agile culture with high employee engagement, making it an attractive workplace for talented professionals.
If you are proactive, innovative, and collaborative, you will fit well with Shawbrook.
Why Work With Us
- Be part of a bank built for modern dynamics.
- Enjoy a fast-paced, innovative, and challenging culture.
- Find new ways to solve complex problems.
- Join a diverse and inclusive environment.
- Contribute to society and environmental sustainability.
- Grow professionally and personally.
Reward
We prioritize your wellbeing with benefits like family-friendly policies, access to mindfulness and health apps, mental health support, pension schemes, and more.
We support work-life balance through generous holiday allowances, flexible holiday schemes, discounts, and community involvement.
We reward contributions via discretionary bonuses and recognition schemes.
#J-18808-Ljbffr
Underwriter - Specialist Underwriting employer: Shawbrook Bank
Contact Detail:
Shawbrook Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Specialist Underwriting
✨Tip Number 1
Familiarise yourself with the specific lending policies and risk management frameworks that Shawbrook adheres to. Understanding these will not only help you in interviews but also demonstrate your commitment to compliance and risk assessment.
✨Tip Number 2
Network with current or former employees of Shawbrook, especially those in underwriting or related roles. They can provide valuable insights into the company culture and expectations, which can be a great advantage during your application process.
✨Tip Number 3
Prepare to discuss complex transactions you've handled in the past. Be ready to explain your thought process, the challenges you faced, and how you navigated them, as this will showcase your expertise in underwriting larger deals.
✨Tip Number 4
Stay updated on current trends in commercial property lending and credit risk management. Being knowledgeable about market dynamics and regulatory changes will position you as a well-informed candidate who can contribute to Shawbrook's strategic initiatives.
We think you need these skills to ace Underwriter - Specialist Underwriting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in commercial and residential investment property, as well as your credit underwriting skills. Use specific examples that demonstrate your deep business and financial acumen.
Craft a Compelling Cover Letter: In your cover letter, express your understanding of the role's responsibilities, particularly in preparing detailed credit papers and engaging with stakeholders. Showcase your strategic thinking and ability to analyse credit risks.
Highlight Relevant Skills: Emphasise your excellent customer service, presentation, and negotiation skills. Mention your proficiency in MS Office, especially Excel, as this is crucial for the role.
Showcase Regulatory Knowledge: Demonstrate your understanding of regulatory compliance, including knowledge of the Consumer Credit Act and Data Protection Act. This will show that you are well-versed in the necessary legal frameworks relevant to the position.
How to prepare for a job interview at Shawbrook Bank
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations outlined in the job description. Familiarise yourself with complex transactions and the key stakeholders you'll be interacting with, as this will help you demonstrate your understanding of the role during the interview.
✨Showcase Your Analytical Skills
Given the emphasis on analysing credit risks and business finances, prepare to discuss specific examples from your past experience where you've successfully assessed complex financial situations. Highlight your ability to navigate both financial and non-financial aspects effectively.
✨Prepare for Stakeholder Engagement Questions
Since the role involves extensive interaction with various stakeholders, be ready to discuss how you've previously engaged with different teams or departments. Think of examples that showcase your negotiation skills and ability to deliver favourable outcomes for customers.
✨Demonstrate Regulatory Knowledge
Brush up on your knowledge of relevant regulations such as the Consumer Credit Act and Data Protection Act. Be prepared to discuss how you ensure compliance in your work, as this is crucial for the role and will show your commitment to maintaining high standards.
