Underwriter

Close Brothers Motor Finance; Doncaster; Hybrid; GBP 32,000 - 46,000; Full time

Job summary

Close Brothers Motor Finance is seeking an organised underwriting professional to review and process motor finance proposals.

You will join the Underwriting team in Doncaster, supporting dealer partners and customers while ensuring credit risk parameters are met. The role requires strong planning, accuracy, and collaborative teamwork in a hybrid working environment.

Qualifications

• Experience in underwriting and dealer-facing processes.
• Knowledge of FCA regulations relating to compliance, data protection or consumer credit.
• Strong communication and teamwork within an operations environment.
• Ability to interpret information and data accurately.
• Attention to detail with high accuracy.

Responsibilities

• Processing customer proposals and underwriting them in line with company policies and procedures.
• Liaising with motor dealer partners regarding the outcome of a proposal that has been underwritten.
• Negotiating with dealers to make the deal acceptable to CBMF and suitable for the customer.
• Completing customer security checks.
• Processing the payment of funds to dealer partners.
• Completing general administration tasks related to new business activity.
• Proactively record any regulatory incidents as required.

Skills

Negotiation skills

Data interpretation

Attention to detail

Teamwork

Decision making

Communication skills

MS Office

Tools

MS Word

Excel

Outlook

Job description

Overall Summary

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Overall Summary

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join the Close Brothers Motor Finance Team where you will support our dealer partners and end customers by manually reviewing and processing motor finance proposals, whilst ensuring the business accepted by Close Brothers Motor Finance (CBMF) is within the business' credit risk parameters.

Working as part of the Underwriting team our ideal team member will have previous experience in making the right decisions to ensure great outcomes for customers and dealer partners with excellent planning and organisational skills.

Please note, that this position involves a five-day working week, with a requirement to work from our Roman House office in Doncaster three days per week once fully trained.

Responsibilities

• Processing customer proposals and underwriting them in line with company policies and procedures.
• Liaising with motor dealer partners regarding the outcome / decisions of a proposal that has been underwritten.
• Negotiating with dealers, the figures and requirements to make the deal acceptable to CBMF and appropriate for the customer.
• Completing customer security checks.
• Processing the payment of funds to our dealer partners.
• Completing general administration tasks related to new business activity.
• Proactively record any regulatory incidents (within the CBMF regulatory requirements).

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:

• Excellent communication skills.
• Excellent IT Skills (MS Word, Excel and Outlook) with the ability to learn new systems.
• An ability to work well as part of a team collaboratively
• Experience in using decision-making skills.
• The ability to use and interpret information and data efficiently.
• A good attention to detail with high levels of accuracy.
• Experience of using negotiation skills within an operations process.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE:

• Knowledge of FCA regulations relating to Compliance, Data Protection, Anti Money Laundering, Consumer Credit Directive or Consumer Credit Act.
• Previous experience in an underwriting position and having held a mandate.

We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities.

About Us

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.