Retail Underwriting Team Leader

Momenta Group; Milton Keynes; On-site; GBP 40,000 - 60,000; Full time

Job summary

A financial services consultancy is looking for a Retail Underwriting Team Leader in Milton Keynes to oversee a team of Credit Underwriters. You will ensure high performance in credit assessments and maintain compliance with standards. The ideal candidate has team management experience and knowledge of retail finance underwriting. This role requires strong analytical and communication skills, with a focus on ensuring fair lending decisions.

Qualifications

• Proven experience managing a team in a financial services environment.
• Strong understanding of credit risk principles and regulatory frameworks.
• Ability to analyze complex customer data for lending decisions.

Responsibilities

• Guide and support team members for high performance.
• Oversee credit assessment and adherence to policies.
• Address complex queries and ensure effective resolutions.

Skills

Team management experience

Knowledge of retail finance underwriting

Understanding of UK regulations

Analytical abilities

Communication skills

Job description

Social network you want to login/join with:

Retail Underwriting Team Leader, Milton Keynes

col-narrow-left

Client:

Momenta Group

Location:

Milton Keynes, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

79514f859727

Job Views:

7

Posted:

12.08.2025

Expiry Date:

26.09.2025

col-wide

Job Description:

What’s the role?

Our client is seeking a Team Leader to manage a team of Credit Underwriters in their affordability department. The team will be responsible for assessing retail credit applications supported by creditworthiness and affordability data to determine lending decisions, ensuring credit is affordable and results in good customer outcomes.

Successful candidates will be working with a high level of accuracy to prescribed processes and strict deadlines as part of a high-quality team.

Responsibilities:

• Provide day-to-day guidance, support, and oversight to team members to ensure high performance and adherence to quality standards
• Manage a team of credit professionals responsible for assessing customer data including credit reports, open banking reports, payslips, and bank statements
• Oversee the team’s analysis of income, expenditure, and financial vulnerabilities to ensure accurate and fair lending decisions
• Ensure team adherence to internal income and expenditure models, guiding appropriate escalation of cases to senior underwriters
• Drive operational excellence by maintaining high standards in documentation review, ensuring accuracy, completeness, and compliance with company policies and regulatory standards
• Act as the escalation point for complex or sensitive internal and external queries, ensuring issues are resolved effectively and efficiently

Essential skills & experience required:

• Previous team management experience within a financial services based credit or lending environment is essential
• Excellent working knowledge of retail finance underwriting
• A strong understanding of UK regulation, credit risk principles and risk assessment considerations
• Working knowledge of consumer lending environments and CONC 5 is highly desirable
• Strong analytical and decision-making abilities, with the capability to manage complex or high-risk cases
• Confident communicator, both written and verbal, with the ability to influence and collaborate across departments
• A team player who can collaborate with team members and wider colleagues across the business

To express your interest in this opportunity, don’t delay; please click apply now.

Momenta are aware of the rise in recruitment phishing scams. Please be vigilant with the information you share. Momenta will never contact you from a personal generic email address such as Gmail, Hotmail or Yahoo. We will not request personal information via text or WhatsApp. Momenta will only ever ask you to add your personal information/supporting documentation to the Momenta People portal. If in doubt, contact us directly before submitting any details or providing documentation.