Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assess loan applications and help customers achieve financial freedom.
- Company: Join Updraft, an award-winning app transforming consumer lending.
- Benefits: Enjoy hybrid work, health insurance, and a company pension.
- Why this job: Make a real difference in people's lives while growing your career.
- Qualifications: 1-3 years in consumer credit underwriting and strong analytical skills.
- Other info: Dynamic start-up environment with opportunities for personal growth.
The predicted salary is between 28800 - 48000 £ per year.
Updraft is an award-winning FCA approved app available on IOS/Android. Our mission is simple - to help consumers find freedom from cumulative lifestyle borrowing such as credit cards, overdrafts and buy-now pay-later schemes. While retailers and some start-ups remain intent on weaponising algorithms to maximise profit, we harness behaviour science, AI and expertise to offer our users powerful counter-measures.
As the business is undergoing rapid growth in demand for their product, we are looking for an enthusiastic underwriter to help us deliver an exceptional level of service to our customers. We do not believe in silos and departments that are typically found in banks and other lenders. As part of the Underwriting Team you will work and be responsible across multiple disciplines to ensure you help your customers achieve the best outcomes.
Responsibilities
- Approve and decline loan applications by assessing applicants' creditworthiness and affordability in line with Updraft lending policy.
- Gather additional information needed for credit applications from customers.
- Communicate with customers in a friendly and efficient manner through all application stages.
- Form and maintain effective relationships across all business teams.
- Regularly participate in various business projects helping to improve our processes and achieve.
Qualifications
- Minimum 1 year to 3 years of experience in consumer credit underwriting.
- Previous experience in a customer-facing role is an advantage.
- Strong numerical and analytical skills.
- High level of attention to detail.
- Strong decision-maker.
- Inquisitive thinker and critical mind.
- Comfortable with a fast-paced environment and frequent changes.
- Availability to work either Saturdays or Sundays.
- Previous experience in a start-up is an advantage.
Benefits
- Company pension
- Hybrid work
- Health Insurance
Consumer Loans Underwriter in London employer: updraft.com
Contact Detail:
updraft.com Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consumer Loans Underwriter in London
✨Tip Number 1
Get to know Updraft and its mission inside out! When you understand our values and what we stand for, you can tailor your conversations to show how you fit right in. Plus, it’ll help you connect with the team on a personal level.
✨Tip Number 2
Practice your communication skills! As an underwriter, you'll be chatting with customers regularly. So, brush up on your friendly and efficient communication style. Maybe even role-play some scenarios with a mate to get comfortable.
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've tackled creditworthiness assessments in the past. Bring examples of your decision-making process to the table – we love a good story that highlights your critical thinking.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on joining our team and ready to dive into the Updraft culture.
We think you need these skills to ace Consumer Loans Underwriter in London
Some tips for your application 🫡
Show Your Enthusiasm: When writing your application, let your passion for helping consumers shine through. We want to see that you’re excited about the role and our mission at Updraft. A little enthusiasm goes a long way!
Tailor Your Experience: Make sure to highlight your relevant experience in consumer credit underwriting. We’re looking for specific examples that demonstrate your skills and how they align with what we do. Don’t be shy about showcasing your achievements!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points stand out. This will help us quickly see why you’d be a great fit for our team.
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at updraft.com
✨Know Your Numbers
As a Consumer Loans Underwriter, you'll need to demonstrate strong numerical and analytical skills. Brush up on your understanding of creditworthiness and affordability metrics. Be prepared to discuss how you assess these factors in real-life scenarios.
✨Show Your Customer-Centric Approach
Since Updraft values friendly and efficient communication, think of examples where you've successfully interacted with customers. Highlight your experience in customer-facing roles and how you’ve helped clients achieve positive outcomes.
✨Embrace the Start-Up Spirit
With Updraft being a rapidly growing start-up, it’s essential to show your adaptability. Share experiences where you've thrived in fast-paced environments or contributed to process improvements. This will demonstrate your fit for their dynamic culture.
✨Ask Insightful Questions
Prepare thoughtful questions about Updraft's mission and how the underwriting team collaborates across disciplines. This shows your genuine interest in the role and helps you understand how you can contribute to their goals.