Job Title: Motor Finance Underwriter

Salary: £26,000

Location: Solihull

Hours: The position will involve working some unsociable hours over a 7-day rota. Hybrid working which involves 3 days in the office and 2 at home.

Description:

Due to expansion, our client, a well-respected and long-established financial services company based in Solihull is recruiting an experienced Motor Finance Underwriter to join their business.

You will need to demonstrate a thorough approach to the risk assessment of both consumer and corporate applications and have the ability to apply these skills across a broad range of financial products.

Underwriting loans from receipt of application through to release of funds, Underwriters must be able to develop and maintain strong business relationships with introducer panel that adds value and directly contributes to business growth.

Key Duties:

• Awareness, understanding and contribution in the achieving of the business area’s objectives
• Achieve personal objectives set by your Manager
• The evaluation of motor loan applications utilising the appropriate credit reference data, fraud prevention techniques, credit policy and lending guidelines and procedures
• The analysis of supporting documentation
• Effective handling of all incoming new lending enquiries
• Where appropriate authorise the sign off of payout completion applications
• Possess the ability to work with a degree of autonomy and empowerment but making fully informed referrals where necessary to more experienced team members/higher mandate holders or Credit Risk Department
• Where possible be a mandate holder, actively utilising the mandate across the department
• Ensure decisions are delivered in line with the prevailing credit policy and lending guidelines and agreed deadlines and service standards
• Participate in meetings
• Attend training courses that are identified to assist in personal and role development
• Establish and maintain professional relationships with external service providers, introducers, and internal customers

Key Skills/Experience Required:

• Awareness and understanding of all prevailing regulatory and compliance requirements
• Strong business awareness and excellent risk management skills
• Ability to work within a team and on own initiative
• Ability to communicate clearly and concisely on all levels
• Computer literate with a working knowledge of MS Office applications

In return for your hard work, you will earn a salary of between £26,000 plus excellent benefits.

For more information, or to apply for this vacancy, please get in touch. 0121 296 5766

Morgan Parkes Recruitment Ltd operate in the UK and can only process applications from candidates who are currently eligible to live and work in the UK. We operate a strict equal opportunities policy.

Personal data you supply will be used for contacting you via telephone or email about our service. Your data will be kept securely and retained in line with GDPR regulations. You have the right to withdraw your consent to the use of your personal data for the specified purpose at any time.