Loan Underwriter Apply now

Loan Underwriter

Milton Keynes Full-Time 36000 - 60000 £ / year (est.)
Apply now
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At a Glance

  • Tasks: Underwrite loan applications and provide top-notch customer service in a dynamic fintech environment.
  • Company: Join a fast-growing fintech lender focused on innovation and customer satisfaction.
  • Benefits: Enjoy remote work options, a matched pension contribution, medical cover, and competitive salary.
  • Why this job: Make a real impact in a supportive team while developing your career in a fresh, non-corporate culture.
  • Qualifications: Experience in underwriting and a commitment to exceptional customer service are essential.
  • Other info: Initial training in London with flexible work arrangements once the new office opens.

The predicted salary is between 36000 - 60000 £ per year.

We are delighted to offer a unique and exciting opportunity to join a dynamic, innovative and fast-growing established fintech lender. If you are truly customer-focussed and want something different to the stuffy, corporate environment of the bigger corporates, then this role is an exciting opportunity for you. This role would suit someone who is looking to join an organisation that can allow them to develop their career professionally while helping customers obtain loans in a quick and efficient manner. They are setting up a new operations office in Milton Keynes, their Head Office remaining in London, so this role will be based out of the new office. You would initially be working from home but once the operations office is opened you would be required to travel and work in there up to 4 days a week. The team currently work Mon-Fri on a shift pattern between 8 – 6pm Responsibilities: • Underwrite new business applications within mandate levels (no current mandate required), ensuring full compliance with FCA guidelines • Provide professional and efficient service to all customers • Review and verify income statements, tax returns and other financial documents to develop a borrower’s profile and arrive at a credit recommendation. • Supporting inexperienced team members within the MK office Required skills and experience: • Experience in underwriting, ideally in a personal loan business environment • Commitment to exceptional customer service • Ability to cope under pressure and multi-task within a team • Ability to work flexibly where the demands of the role require (including assisting with inbound calls of a complex nature) • Experience in fraud prevention techniques and/or worked in a fraud/investigations department You will be expected to be able to travel to London for the first week or so for training (expenses paid) but training will also be provided on-site. In return, you will be working in a progressive and dynamic environment and rewarded with a fantastic benefits package including a matched contribution pension, medical cover and a highly competitive salary. If you really want to make a difference to an organisation rather than be a very small cog in a giant machine, then apply now.

Loan Underwriter employer: Ultimate Banking

Join a forward-thinking fintech lender that prioritizes customer focus and innovation, offering a refreshing alternative to traditional corporate environments. With a new operations office in Milton Keynes, you'll enjoy the flexibility of working from home initially, followed by a collaborative team atmosphere once the office opens. Benefit from a competitive salary, matched contribution pension, medical cover, and ample opportunities for professional growth while making a meaningful impact in the lives of customers.
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Contact Detail:

Ultimate Banking Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Underwriter

✨Tip Number 1

Familiarize yourself with the latest FCA guidelines and regulations related to loan underwriting. This knowledge will not only help you in the interview but also demonstrate your commitment to compliance and customer service.

✨Tip Number 2

Highlight any experience you have in fraud prevention techniques or working in investigations. This is a key aspect of the role, and showcasing your expertise can set you apart from other candidates.

✨Tip Number 3

Prepare to discuss specific examples of how you've provided exceptional customer service in previous roles. The company values a customer-focused approach, so demonstrating this skill will be crucial.

✨Tip Number 4

Be ready to talk about your ability to work under pressure and manage multiple tasks. Share instances where you've successfully navigated challenging situations, as this will resonate well with the dynamic environment they offer.

We think you need these skills to ace Loan Underwriter

Underwriting Experience
Customer Service Orientation
Financial Document Analysis
Compliance Knowledge (FCA Guidelines)
Fraud Prevention Techniques
Multi-tasking Ability
Pressure Management
Team Collaboration
Adaptability to Change
Communication Skills
Attention to Detail
Problem-Solving Skills
Time Management
Training and Mentoring Skills

Some tips for your application 🫡

Understand the Company Culture: Before applying, take some time to understand the fintech lender's culture. Highlight your customer-focused approach and how you align with their innovative and dynamic environment in your application.

Tailor Your CV: Make sure your CV reflects your experience in underwriting, particularly in personal loan environments. Emphasize any relevant skills such as fraud prevention techniques and your commitment to exceptional customer service.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background and skills make you a perfect fit for the position and how you can contribute to the team in Milton Keynes.

Highlight Relevant Experience: When detailing your work experience, focus on specific examples that demonstrate your ability to cope under pressure, multi-task, and provide professional service to customers. This will show that you are well-prepared for the responsibilities of the role.

How to prepare for a job interview at Ultimate Banking

✨Show Your Customer Focus

Emphasize your commitment to exceptional customer service during the interview. Share specific examples of how you've gone above and beyond for customers in previous roles, as this aligns with the company's values.

✨Demonstrate Underwriting Knowledge

Be prepared to discuss your experience in underwriting, particularly in a personal loan environment. Highlight any relevant skills or techniques you’ve used, especially in fraud prevention, as this is crucial for the role.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your ability to cope under pressure and multi-task. Practice articulating how you would handle complex situations, especially those involving customer inquiries or financial document reviews.

✨Express Flexibility and Team Support

Convey your willingness to work flexibly and support team members, especially in a new office setting. Discuss any past experiences where you assisted colleagues or adapted to changing demands in a fast-paced environment.

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