Loan Underwriter

Loan Underwriter

Loan Underwriter / Underwriter / Credit Underwriter / Credit Investigator / Loans / Financial Services / FCA

Loan Underwriter is needed for our client, one of the fastest growing companies in the Financial Services industry based in Wilmslow. As a Loan Underwriter, you will underwrite loans to applicants by ensuring that a detailed fact finding exercise is carried out with each applicant and a decision granted taking into account all information obtained.

Primary responsibilities:

• Taking inbound calls and making outbound calls
• Customer service (helping customers who are having difficulties on the website or general queries)
• Completing full applications with applicants and questioning applicants around the loan purpose and their current financial situation
• Advising applicants on loan repayments
• Conduct a thorough income and expenditure to ensure clients can afford to meet the proposed loan repayments
• Conduct a credit search on the client to ensure they meet criteria, study the search and discuss it with the applicant
• Validate Clients bank details - Obtain and check proof of income and any other documents required to satisfy the company's Lending Policy
• Make a formed lending decision based on the information gathered. - Collect any additional information off the applicant or their employer (if required)
• Contact employer to conduct employment checks
• Act in accordance with FCA guidelines at all times

Personal Specification:
The ideal candidate would have:

• Previous experience within Financial Services, particularly within an FCA regulated environment
• Knowledge of lending and of the Consumer Credit Act
• Good computer literacy and mathematical skills
• An excellent attention to detail
• Good time management skills
• Excellent organisational skills
• Have an excellent telephone manner

Salary: £16k - £20k basic depending on experience, plus commission and benefits, OTE £24k-£26k

Please forward your CV for immediate consideration.