Underwriter - Motor Finance

JR United Kingdom; England; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading motor finance lender is seeking an ambitious Underwriter to support their growth. The role involves assessing loan repayments and collaborating with stakeholders, offering opportunities for progression. Ideal candidates will have underwriting experience and strong analytical skills.

Qualifications

• At least one year of underwriting experience in a motor finance firm.
• Comfortable in a high-paced, high-volume environment.

Responsibilities

• Assessing customer's ability to afford loan repayments.
• Reviewing and analyzing customer account information.
• Establishing lending limits for individual customers.
• Verifying that vehicles meet lending criteria.

Skills

Analytical skills

Attention to detail

Effective communication

Adaptability

Problem-solving

Job description

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Our client, a motor finance lender, is looking to appoint an ambitious Underwriter to join their growing team and support expansion plans.

The role involves assessing a customer's ability to afford loan repayments, reviewing and analysing customer account information and data provided by credit referencing agencies.

The responsibilities include:

1. Ensuring sufficient data is available to produce accurate credit reports.
2. Aligning the credit profile with the firm’s risk appetite.
3. Establishing lending limits for individual customers.
4. Verifying that the vehicle meets lending criteria.
5. Engaging and collaborating with internal and external stakeholders, such as the Acquisition team and brokers.

This is a key role supporting the growth of an exciting business, offering opportunities for progression and development.

The ideal candidate will have at least one year of underwriting experience within a motor finance firm. You should be analytical, detail-oriented, able to communicate effectively with stakeholders, comfortable working in a high-paced, high-volume environment, and possess the adaptability and ingenuity to explore alternative outcomes to benefit both the firm and the customer.