Head of Underwriting

2 weeks ago

Edinburgh, United Kingdom LendingCrowd Full time

LendingCrowd is a leading fintech business, shaping the way SMEs borrow money. Blending the latest cutting-edge technology with financial experience and backing, we have developed a scalable lending platform that provides an attractive alternative to the current limitations of business borrowing – we encourage people to think outside the bank

Founded in 2014 and born out of Edinburgh’s vibrant and growing fintech scene, LendingCrowd has driven over £275m in lending to small businesses, including a significant share of lending to businesses in Scotland. LendingCrowd is positioned to become the trusted choice for SME financing, with a culture of ‘doing the right thing’ at the core of our purpose.

We actively encourage the generation and development of ideas from all team members to grow the business. We offer hybrid working and have our office in central Edinburgh.

The Role

As a key part of our expansion, we are looking for a dynamic and experienced Head of Underwriting to join our team. This is an exciting time in the evolution of our business as we seek to build on and embed our position as a quality provider of debt to UK SMEs.

Reporting to our CEO, this is a role for an experienced people manager who will be responsible for leading our Credit Underwriting function and ensuring procedures are in line with our risk appetite and controls.

Responsibilities

  • Accountability for the Credit Underwriting function
  • Managing and developing the Credit Underwriting team, facilitating training and development
  • Attending the Executive Credit Committee
  • Ensuring the Credit Underwriting team comply with the company’s credit risk appetite
  • Ensuring Credit Underwriting procedures comply with business risk controls
  • Contributing towards process and policy improvements that balance risk with customer service
  • Making decisions in line with credit policy for applications within delegated lending authority
  • Carrying out full assessment of potential borrower applications, from initial stage to drawdown
  • Analysing and inputting financial data to complete full credit risk analysis assessments
  • Working as part of a team to ensure that all deadlines are met in line with SLAs
  • Supporting the wider team where required, assisting with drafting and registering of documents
  • Confirming borrowers’ product eligibility
  • Analysing and reporting of Credit function management information.
  • Assisting with peer review assurance testing on a monthly basis
  • Assisting with ad hoc data analysis requests where required

Skills and Experience

In terms of skills and experience, we would expect you to display:

  • Experience of people management and leading an experienced and high-performing team
  • A drive to provide quality output within a high-paced volume lending environment
  • The ability to meet deadlines and support colleagues in the Sales team to support our borrowers and brokers
  • Experience of working with and providing services to SMEs within a financial services environment
  • Experience of structuring debt proposals for SMEs
  • The ability to analyse and interpret financial statements provided by SMEs as part of an application for debt facilities
  • Direct experience of underwriting SME debt proposals under own delegated lending authority.
  • Experience of providing input into the continual development of credit policy and processes
  • Experience of using credit risk models for credit decisioning purposes
  • Experience of successfully interacting and presenting to senior management team
  • Experience of successfully presenting deals to credit risk forums

It would also be beneficial if you have:

  • Experience of pricing for risk components, for example Probability of Default and Loss Given Default, as part of the provision of SME debt finance facilities
  • Experience of maintaining credit risk models
  • Experience of completing quantitative analysis on loan portfolios
  • Confidence to drive ownership of strategic projects on behalf of the Director of Credit

Opportunities for further development

  • Participating in the development of in-house credit analytics and credit models
  • Contributing to the continued development of credit policy, lending parameters and product criteria
  • Supporting the CEO with the delivery of strategic projects

We sponsor team members through Chartered Banker Institute qualifications to ensure that they build a career at LendingCrowd beyond the role.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

The company's registered office is 50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ.

#J-18808-Ljbffr

  • Head of Underwriting

    2 weeks ago

    Edinburgh, United Kingdom LendingCrowd Full time

    LendingCrowd is a leading fintech business, shaping the way SMEs borrow money. Blending the latest cutting-edge technology with financial experience and backing, we have developed a scalable lending platform that provides an attractive alternative to the current limitations of business borrowing – we encourage people to think outside the bank! We offer...

  • Dean and Head of The Business School

    4 weeks ago

    Edinburgh, United Kingdom University of Edinburgh Full time

    **Dean and Head of the Business School** **Professorial appointment on grade UE10 (starting £64,946 Per Annum)** **Open-ended (Permanent)** **Full time, 35 hours per week** The role of the Head of School, also known as the Dean in the case of the Business School, occupies a central position in the leadership structure of The University of Edinburgh. It...

  • Head Teacher

    43 minutes ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education & Justice Services Head TeacherDavidson's Mains Primary School Salary: £81,618 per yearHours: 35 per week Davidson's Mains Primary is a non-denominational school situated within the Royal High School catchment area in the north west of Edinburgh. A brand new nursery was opened in August 2018 and provides 1140 hours all...

  • Depute Head Teacher

    1 week ago

    Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job Description Children, Education and Justice Services Depute Head Teacher - Fixed term until 21/4/ Towerbank Primary School Salary: £66, per year Hours: 35 per week Staff wishing to apply for this post as a secondment, should have the permission of their line manager before submitting an application. This is an exciting secondment opportunity...

  • Depute Head Teacher

    6 days ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education and Justice Services Depute Head Teacher - Fixed term until 21/4/2025Towerbank Primary School Salary: £66,072 per yearHours: 35 per week Staff wishing to apply for this post as a secondment, should have the permission of their line manager before submitting an application. This is an exciting secondment opportunity to join...

  • Head Teacher

    12 minutes ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education and Justice Services Head TeacherBun-sgoil Taobh na Pàirce Salary: Point 8, £74,190Hours: 35 per week This is an exciting opportunity for an experienced practitioner to progress their career and lead a senior leadership team within a Gaelic medium primary and nursery school in city centre of Edinburgh where children learn...

  • Head of Finance

    4 weeks ago

    Edinburgh, United Kingdom Leith School of Art Full time

    **Leith School of Art** **Head of Finance & Operations** £40,000 (FTE) Leith (Flexible) Full-time or 4-days per week (Permanent) Leith School of Art is a unique and special place, set up over 30 years ago as an alternative to large institutions. Their ethos is to focus on teaching individuals while fostering a sense of community. They are a small...

  • Depute Head Teacher

    3 days ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education and Justice Services Depute Head Teacher- Fixed term until 4/4/2025Ferryhill Primary School Salary: £66,072 per yearHours: 35 per week Ferryhill Primary School serves the catchment areas of Drylaw and Telford in North West Edinburgh. We have around 340 children in the primary school divided into a two-class arrangement at...

  • Head Teacher

    2 weeks ago

    Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job Description Children, Education & Justice Services Head Teacher Broughton High School Salary: £, Subject to Job Sizing Hours: 35 per week Broughton High School is a large well-equipped modern PPP school located in the Inverleith/Stockbridge area of North Edinburgh. The school provides co-educational, non-denominational comprehensive education...

  • Head Teacher

    2 weeks ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education & Justice Services Head TeacherBroughton High School Salary: £102,411 Subject to Job SizingHours: 35 per week Broughton High School is a large well-equipped modern PPP school located in the Inverleith/Stockbridge area of North Edinburgh. The school provides co-educational, non-denominational comprehensive education for...

  • Head of Events

    4 days ago

    Edinburgh, Edinburgh, United Kingdom The University of Edinburgh Full time

    Contract type: Full-time (35 hours per week)Open-ended: permanentAre you an experienced leader in the Events, Hospitality or Services sector looking for a fresh challenge? We have a fantastic opportunity to join our team as Head of Events and Development Projects, where you will be responsible for leading the Events part of our business, along with a...

  • Depute Head Teacher

    5 minutes ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education and Justice Services Depute Head Teacher Castlebrae Community Campus Salary: £66072 (subject to jobsizing)Hours: 35 per week Castlebrae Community Campus is a non-denominational secondary school providing comprehensive education in the Craigmillar, Niddrie and Newcraighall areas of Edinburgh. Over the last five years the...

  • Head of Teaching Administration

    1 week ago

    Edinburgh, United Kingdom The University of Edinburgh Full time

    The School of Philosophy, Psychology and Language Sciences is seeking a full time Head of Teaching Administration on an open-ended basis.  The Opportunity: As a key leader within our Professional Services group, the successful applicant will lead on the teaching administration service providing a robust and responsive support to academics and students,...

  • Head of Teaching Administration

    1 week ago

    Edinburgh, Edinburgh, United Kingdom The University of Edinburgh Full time

    The School of Philosophy, Psychology and Language Sciences is seeking a full time Head of Teaching Administration on an open-ended basis. The Opportunity:As a key leader within our Professional Services group, the successful applicant will lead on the teaching administration service providing a robust and responsive support to academics and students,...

  • Head of Teaching Administration

    1 month ago

    Edinburgh, Edinburgh, United Kingdom The University of Edinburgh Full time

    The School of Philosophy, Psychology and Language Sciences is seeking a full time Head of Teaching Administration on an open-ended basis. The Opportunity:As a key leader within our Professional Services group, the successful applicant will lead on the teaching administration service providing a robust and responsive support to academics and students,...

  • Depute Head Teacher

    1 week ago

    Edinburgh, Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionCF: Children and Education Justice Services Depute HeadteacherSt Francis RC Primary School Salary: £63,879 per yearHours: 35 per week St Francis RC Primary School is a growing denominational Catholic school located in the East of the City in the great Craigmillar area. Our school was created in 1935 and moved into the current joint campus in...

  • Depute Head Teacher

    6 days ago

    Edinburgh, United Kingdom City of Edinburgh Council Full time

    Job DescriptionChildren, Education and Justice Services Depute Head Teacher - Fixed term until 21/4/2025Towerbank Primary School Salary: £66,072 per yearHours: 35 per week Staff wishing to apply for this post as a secondment, should have the permission of their line manager before submitting an application. This is an exciting secondment opportunity to join...

  • Deputy Head of Finance Operations

    1 month ago

    Edinburgh, United Kingdom University of Edinburgh Full time

    **UE08 £45,585 to £54,395 per annum (A revised salary range for this grade of £48,350 to £59,421 is planned to take effect from Spring 2024)** **Finance/Finance Operations** **Open ended, full time (35 hours per week)** We are seeking to appoint a Deputy Head of Finance Operations to fulfill a key role in leading, shaping and driving key services,...

  • Head of Moving Image and Sound Collections

    4 weeks ago

    Edinburgh, United Kingdom National Library of Scotland Full time

    The National Library of Scotland is recruiting for the position of Head of Moving Image and Sound Collections. With responsibilities for collections, staff, and services, this is a permanent position based at the Library’s facilities in Kelvin Hall, Glasgow. The salary is £52,200 per annum. Interviews will be held on Monday 17 April at the Moving Image...

  • Head of Events

    4 days ago

    Edinburgh, United Kingdom The University of Edinburgh Full time

    Contract type: Full-time (35 hours per week) Open-ended: permanent Are you an experienced leader in the Events, Hospitality or Services sector looking for a fresh challenge?  We have a fantastic opportunity to join our team as Head of Events and Development Projects, where you will be responsible for leading the Events part of our business, along with a...