Junior Broker Underwriter

CarFinance 247; Manchester; On-site; GBP 150,000 - 200,000; Full time

Job summary

A leading car finance company in Manchester is seeking a Junior Broker Underwriter to evaluate car loan applications and determine loan eligibility. The ideal candidate will have experience in credit underwriting and strong analytical skills, ensuring compliance while providing exceptional customer service. Join us for an exciting career in finance with excellent progression opportunities.

Benefits

Subsidised Onsite Parking

Free fruit and juice bars

Birthday off

Onsite Gym

Free transport to and from Piccadilly Train station

Free Barista bar serving teas and coffees

Excellent career progression

Qualifications

• Previous experience in credit underwriting, ideally in vehicle finance, is essential.
• Ability to analyze and interpret customer credit profiles.
• Work independently while exercising good judgment.
• Strong verbal and written communication abilities.
• Maintain high accuracy under pressure.
• Handle sensitive situations and interact with vulnerable or challenging customers with care.
• Familiarity with compliance, data protection, and consumer credit regulations is ideal.

Responsibilities

• Review customer applications for car loans and analyze credit profiles.
• Use data science models for loan eligibility decisions.
• Conduct bank checks for vehicle lending criteria.
• Deliver outstanding service while maintaining accuracy.
• Adhere to Company Credit Policy and Compliance guidelines.
• Manage caseload efficiently to ensure productivity.
• Interact with brokers and customers via various communication methods.

Skills

Analytical Skills

Autonomy

Communication Skills

Attention to Detail

Customer Sensitivity

Job description

About The Role

Are you looking to kickstart your career in the exciting world of finance? Join us at Car Finance 247 as a Junior Broker Underwriter, where you’ll dive into the fast-paced environment of car loans.

What You’ll Do:

• Evaluate Car Loan Applications: Review customer applications, check for potential fraud, and analyze credit profiles.
• Decision Making: Use our advanced data science model to help determine loan eligibility and manually assess applications to find the right fit with our diverse range of lenders.
• Review and Analyze: Conduct bank checks and ensure the vehicle meets lending criteria.
• Provide Top-Notch Service: Work closely with brokers and customers to deliver outstanding service, maintaining high levels of accuracy and speed.

Key Responsibilities:

• Underwrite Business: Follow Company Credit Policy and Compliance guidelines to ensure the best outcomes for both customers and the business.
• Effective Communication: Interact with brokers and customers via phone, email, and letters.
• Organized Work: Manage your caseload efficiently to ensure productivity.
• Achieve Targets: Meet individual KPIs for approvals, QA, and SLAs.
• Adhere to Regulations: Follow guidelines such as the Supply of Goods Act 1982, Consumer Rights Act 2015, and FCA guidelines.
• Maintain Systems: Keep accurate and comprehensive notes in case management and CRM software.

About You

• Experience: Previous experience in credit underwriting, ideally in vehicle finance, is essential.
• Analytical Skills: Ability to analyze and interpret customer credit profiles.
• Autonomy: Work independently while exercising good judgment.
• Communication Skills: Strong verbal and written communication abilities.
• Attention to Detail: Maintain high accuracy under pressure.
• Customer Sensitivity: Handle sensitive situations and interact with vulnerable or challenging customers with care.
• Regulation Knowledge: Familiarity with compliance, data protection, Anti Money Laundering, and consumer credit regulations is ideal.

Key Competencies:

• Underwriting
• Quality Assurance
• Writing and Reporting
• Presenting and Communicating Information
• Following Instructions and Procedures
• Delivering Results and Meeting Customer Expectations

About Us

Benefits

• Subsidised Onsite Parking
• A great working environment with free fruit and juice bars
• Birthday off!
• Onsite Gym
• Free transport to and from Piccadilly Train station
• Free Barista bar serving teas and coffees
• Excellent career progression

CarFinance 247 is an award-winning business just outside of Manchester City Centre. We create personalised and high-quality customer experiences driven by outstanding tech, streamlined processes, and amazing people. We have exciting projects planned for the next 12 months to cement our position as market leaders. We are committed to equal opportunity employment and encourage applicants from diverse backgrounds to apply.