Credit Underwriter

JR United Kingdom; England; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading company in the UK is seeking a Credit Underwriter to manage credit applications for private individuals and businesses. The role involves assessing financial risks, ensuring compliance with policies, and making informed credit decisions. The ideal candidate will possess strong analytical skills, a minimum of three years in credit analysis, and proficiency in financial statement interpretation.

Qualifications

• Minimum 3 years experience in underwriting or credit analysis.
• Thorough knowledge of underwriting and credit practices.
• Proficiency in IT and Microsoft Office applications.

Responsibilities

• Assess credit proposals manually according to company policy.
• Analyze financial statements for decision-making.
• Respond to dealer and account manager inquiries promptly.

Skills

Analytical skills

Documentation skills

Communication skills

Problem-solving

Organizational skills

Education

Experience in underwriting consumer credit or credit analysis

Tools

Microsoft Office

Job description

The job description provides comprehensive information about the Credit Underwriter role, including responsibilities, requirements, and company values. However, it can be improved for clarity and readability by restructuring some sections and correcting minor formatting issues. Here is a refined version:

Social network you want to login/join with:

The successful candidate will join the Credit & Underwriting department and will be responsible for the timely management of all credit applications for private individuals, SMEs, and large corporates. The department also enforces and monitors the fraud prevention system in accordance with local and Head Quarter policies.

Main purpose: The Credit Underwriter assesses the Company’s financial risk associated with underwriting credit.

Main responsibilities include:

• Assess credit proposals manually in accordance with the Company credit/underwriting policy rules and service level targets.
• Ensure the quality of underwriting decisions aligns with Leasys UK tolerances and credit policy rules.
• Analyze retail customer’s financial statements to reach timely and accurate decisions (e.g., “Accept” or “Decline”).
• Utilize the Genus system to achieve auto acceptance decision targets and manage work queues proactively.
• Review and action work queues in accordance with proposal status review targets.
• Respond to inbound dealer and account manager inquiries promptly.
• Notify the Head of Credit of potential issues with proposals or evidence.
• Test and tune retail and commercial scorecards as needed.
• Adhere to Leasys UK and regulatory policies and processes.
• Review performance reports in conjunction with the Manager.

The ideal candidate will have:

• Strong analytical skills to review metrics, financial ratios, and supporting information.
• Understanding of financial statements (balance sheets, income statements, cash flow).
• Ability to interpret CRA and HPI reports for decision-making.
• Thorough knowledge of underwriting and credit practices.
• Adherence to team schedules and attendance guidelines.
• Confidence in making credit decisions and ownership of proposals.
• Excellent documentation, communication, and interpersonal skills.
• Problem-solving abilities and organizational skills.
• Experience in underwriting consumer credit or credit analysis (minimum 3 years).
• Awareness of regulatory requirements and FCA Handbook.
• Proficiency in IT and Microsoft Office applications.

Stellantis is proud to be an equal opportunity employer and committed to diversity and inclusion. We encourage service personnel and their families to apply and are happy to discuss reasonable adjustments during the recruitment process.