At a Glance
- Tasks: Assess loan applications and communicate with customers to ensure the best outcomes.
- Company: Join Updraft, an award-winning app helping consumers escape lifestyle borrowing traps.
- Benefits: Enjoy hybrid work, health insurance, and a chance to shape our growing startup.
- Other info: Opportunity to influence company structure and strategy in a fast-paced environment.
- Why this job: Be part of a dynamic team that values collaboration and innovation in finance.
- Qualifications: 1-3 years in consumer credit underwriting; customer-facing experience is a plus.
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 its 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
Requirements
- 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
As an employee in a fast moving startup you have the opportunity to shape the structure of the organisation, team and strategy;
- Company pension
- Hybrid work
- Health Insurance
#J-18808-Ljbffr
Consumer Loans Underwriter in Manchester employer: Updraft
At Updraft, we pride ourselves on being an innovative employer that champions both personal and professional growth. Our dynamic work culture fosters creativity and collaboration, allowing you to thrive in a hybrid environment while contributing to our mission of smarter credit solutions. With competitive salaries, comprehensive health benefits, and a commitment to employee wellbeing, Updraft is the perfect place for passionate marketers looking to make a meaningful impact in the fintech space.
StudySmarter Expert Advice🤫
We think this is how you could land Consumer Loans Underwriter in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Updraft. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Consumer Loans Underwriter in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Updraft.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Updraft's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Updraft
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Updraft.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Updraft will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Updraft employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
