Junior Broker Underwriter

CarFinance 247; Manchester; On-site; GBP 25,000 - 30,000; Full time

Job summary

A dynamic finance company in Manchester is seeking a Junior Broker Underwriter to assess car loan applications and provide top-notch service. This role requires strong analytical and communication skills, with a focus on accuracy and customer sensitivity. Ideal candidates should have experience in credit underwriting, particularly within vehicle finance. You will work independently and interact with clients to ensure compliance with regulations.

Qualifications

• Previous experience in credit underwriting, ideally in vehicle finance, is essential.
• Ability to analyze and interpret customer credit profiles.
• Maintain high accuracy under pressure.
• Familiarity with compliance and consumer credit regulations.

Responsibilities

• Review customer applications and analyze credit profiles.
• Use data science model to determine loan eligibility.
• Interact with brokers and customers via various channels.
• Follow Company Credit Policy and Compliance guidelines.

Skills

Credit underwriting

Analytical skills

Communication skills

Attention to detail

Customer sensitivity

Job description

Overview

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 loan.

Responsibilities

• 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.
• 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 / Qualifications

• 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.