Universal Underwriter (Operations) Sheffield

Deloitte - Recruitment; Sheffield; Hybrid; GBP 83,000 - 111,000; Full time

Job summary

Universal Underwriter (Operations) in the UK is recruiting a Universal Underwriter to join a team supporting lending operations. The role can be based in Leeds or Sheffield with a hybrid working pattern. Start date is ASAP and the contract ends after 3 months (initially).

You will assess lending applications, make credit decisions, and ensure responsible lending standards are followed. Excellent analytical and stakeholder management skills are required to drive compliant decisions and positive

Qualifications

• Experience assessing lending applications and making credit decisions.
• Knowledge of responsible lending and credit risk principles.
• Ability to follow a decision tree to accept or decline low-risk/non-complex mortgage applications.

Responsibilities

• Assess customer financial circumstances and lending applications.
• Make responsible credit and lending decisions in line with lending standards.
• Identify potential fraud and help minimize losses.
• Ensure policies and internal controls are followed.
• Provide guidance to related business areas.
• Support continuous improvement across the customer journey.
• Review policies and procedures and recommend changes.
• Contribute to customer satisfaction, revenue and cost-containment objectives.
• Understand and apply relevant regulatory requirements.
• Contribute to strong team performance and positive customer outcomes.

Skills

Lending assessment

Credit decisions

Responsible lending

Fraud risk

Regulatory knowledge

Analytical thinking

Stakeholder mgmt

Attention to detail

Job description

Universal Underwriter (Operations) Sheffield

Sheffield, United Kingdom

Role: UniversalUnderwriter (Operations) | Leeds or Sheffield | Hybrid

Location: Leeds or Sheffield

StartDate: ASAP

EndDate: 3 Months (initially)

DailyRate: Competitive (InsideIR35)

Are you ready for your next career challenge? Are you an experienced Underwriter or Credit professional looking to take your career in a new direction?

We’re looking for a Universal Underwriter (Operations) to join a leading UK financial services organisation, supporting its retail banking customers and playing a key role in responsible lending decisions.

This is an excellent opportunity to use your existing underwriting and credit experience while developing your skills across a broader range of products, customers and business areas.

The role

As a Universal Underwriter, you’ll be responsible for assessing customers’ financial circumstances when they apply for lending facilities and making well-reasoned, responsible and evidence-based credit decisions.

You’ll also work closely with colleagues across the business to improve the customer journey, manage risk and ensure customers receive appropriate outcomes.

Key responsibilities include:

• Assessing customer financial circumstances and lending applications
• Making responsible credit and lending decisions in line with agreed lending standards
• Identifying potential fraud and helping minimize losses and bad debt
• Ensuring all policies, procedures and internal controls are followed
• Providing guidance and feedback to related business areas
• Supporting continuous improvement across the customer journey
• Reviewing policies and procedures and making evidence-based recommendations for change
• Working towards customer satisfaction, revenue and cost-containment objectives
• Ensuring relevant regulatory requirements are understood and applied
• Contributing to strong team performance and positive customer outcomes

What we’re looking for

We’re keen to hear from candidates with experience in underwriting, credit assessment, lending operations or a related financial services environment. You’ll ideally have:

• Experience assessing lending applications and making credit decisions
• A good understanding of responsible lending and credit risk principles
• We don’t need the in-depth judgement lending skills, this role will involve reviewing data, checking policy & procedure,and following a decision tree approach to either accept or decline the low risk/ non-complex mortgage application types
• Experience identifying fraud, risk and potential financial losses
• Knowledge of relevant regulatory requirements
• Strong analytical and decision-making skills
• Excellent attention to detail
• A customer-focused approach
• The confidence to challenge processes and identify opportunities for improvement
• Strong communication and stakeholder management skills
• An understanding of the wider UK financial services and retail banking environment