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Underwriter

Location: Durham

Salary: Circa £55k

Job Type: Permanent

Job ID: 166576

NRG is partnering with a leading business within Financial Services on the search for a Senior Underwriter to join their growing team. Reporting into the Head of Underwriting you will be tasked with developing the lending underwriting team to support the efficient and effective underwriting of lending applications.

 

As the Underwriting Lead, you will be responsible for the team’s performance and will influence development in lending quality, productivity and service level delivery. You will take personal responsibility for reviewing and underwriting complex applications too.

 

Key duties include:

 

  • Coach, lead, develop and mentor the existing team

  • Ensure all applications and modifications are processed in a timely and effective manner in line with policy and procedures

  • Use your personal lending mandate to underwrite complex mortgage applications, further advances and loan modifications

  • Present cases to Credit Committee as required for roles that fall out of personal lending mandate

  • Have consistent and clear communication with customers and 3rd parties to make appropriate decisions, and explain rationale behind decisions made

  • Provide support across the business to the design, build, testing and maintenance of lending origination workflow, process and procedures

  • Ensure to keep up to date with systems, procedures and regulations at all times

  • Be a representative figure of the Underwriting Team

  • Manage individual and team performance, ensuring all HR policies are observed and adhered to

  • Manage workflows, whilst proactively responding to changes in customer demand

  • Ensure the team comply with internal controls and external regulations

  • Monitor and review team performance continually – holding regular team meetings, ensuring the team are engaged and up to speed with underwriting and lending

  • Manage results of quality control assessments

  • Maintain the team Risk & Control Self-Assessment (RCSA) to minimise operational risk.

  • Contribute toward the design and implementation of future systems and products

 

 

As a Senior Underwriter, you will have a solid academic background with substantial exposure to the UK Corporate & Commercial banking sector. You will have strong communication skills both face to face and in email/telephone as well as a demonstrated background in Credit Risk

 

You will have experience of operating with a substantial lending mandate in a commercial lending environment.

 

As well as matching the majority of the above, you will have a full understanding of Responsible Lending, TCF and FCA thematic reviews, as well as a detailed knowledge of KYC, AML and Compliance related rules and regulations.

 

A background in Financial Services, ideally in banking, is essential……

 

Interested? Get in touch! CraigStewart@NRGplc.com - 07866 250552