Senior Retail Credit Underwriter – FCA‑Regulated & Flexible Benefits

Mercedes-Benz Group; Milton Keynes; On-site; GBP 45,000 - 60,000; Full time

Job summary

A prominent automotive company based in Milton Keynes is seeking a Senior Underwriter to evaluate credit applications for vehicle finance up to £650,000. The ideal candidate will have over 3 years of experience in credit underwriting, strong analytical skills, and knowledge of FCA regulations. The role involves maintaining high standards of risk management, compliance, and enhancing the capabilities of junior underwriters through training. Competitive salary and discretionary bonus are offered along with additional benefits.

Benefits

Competitive salary

Discretionary bonus

Colleague car schemes

Pension scheme

Access to wellbeing resources

Qualifications

• Minimum 3+ years experience in credit underwriting, preferably in the auto finance sector.
• Strong understanding of FCA regulations and compliance requirements.
• Excellent analytical skills and attention to detail.

Responsibilities

• Evaluate and underwrite complex credit applications for vehicle finance.
• Conduct thorough analysis of creditworthiness and affordability.
• Ensure compliance with credit policy and regulatory requirements.
• Provide training to junior underwriters.

Skills

Credit underwriting experience

Understanding of FCA regulations

Analytical skills

Interpersonal skills

Training development

Software proficiency

Education

3+ years in credit underwriting

Job description

A prominent automotive company based in Milton Keynes is seeking a Senior Underwriter to evaluate credit applications for vehicle finance up to £650,000. The ideal candidate will have over 3 years of experience in credit underwriting, strong analytical skills, and knowledge of FCA regulations. The role involves maintaining high standards of risk management, compliance, and enhancing the capabilities of junior underwriters through training. Competitive salary and discretionary bonus are offered along with additional benefits.