This is a 12-month Fixed-Term contract (Maternity Cover). This role is responsible for the thorough underwriting of retail loan and savings applications, ensuring all assessments are conducted within the company’s established procedures and risk appetite.
As an Underwriter, you will play a critical role in evaluating applications by utilising multiple data sources, including credit bureau reports and other supporting documentation, to make informed decisions on creditworthiness, financial stability, and affordability. You will need to apply sound judgment while adhering to regulatory guidelines and internal policies.
You will work closely with cross-functional teams, including risk management, product development, and customer service, to streamline processes, identify areas for improvement, and help shape credit policies to reflect market trends and company goals. Your input will be vital in enhancing operational efficiency and ensuring a consistent approach to risk management across the business.
The position requires a commitment to regular evening and weekend shifts to support business needs, with flexibility in how the workweek is structured.
In addition, there will be opportunities to contribute to strategic initiatives, such as refining underwriting criteria, adopting new technologies, and optimising the customer experience, ensuring that your role as a Credit Underwriter goes beyond daily tasks to shaping the future of the department.
This role will suit a credit underwriter who is comfortable working in a fast-paced environment. The role requires a candidate who has underwriting experience and has previously assessed credit or loan applications as part of their role. The candidate should be able to work under pressure, ensuring quality and speed of work is maintained.
Applicants should have:
- A minimum of 1 years’ experience in underwriting retail consumer lending (preferably in the unsecured / retail credit sector but secured will be considered)
- Experience of working in an FCA-regulated environment
- A highly customer-focused approach with a commitment to responsible lending
- High standards of written and spoken English
- Strong attention to detail
- Strong interpersonal skills to deal with all levels of seniority
- A collaborative approach to working with colleagues in other parts of the business
Be willing to work weekends (Saturdays and Sundays) and evenings as well as occasional bank holidays – shift pattern
Personal Credit Underwriter in London employer: This Bank Limited
As a leading bank committed to regulatory excellence, we offer an exceptional work environment for the Head of Compliance role. Our culture prioritises integrity and accountability, fostering professional growth through continuous learning and development opportunities. Located in a dynamic financial hub, we provide our employees with the chance to engage directly with regulatory bodies while contributing to a robust compliance framework that supports our mission of delivering outstanding customer outcomes.
