Loan Underwriter

6 months ago

London, United Kingdom Fair Finance Full time

**Underwriter (Loans)**

**Location**: Based in our Dalston office with flexibility to WFH

**Reporting to**: Underwriting Team Leader

**Contract**:Permanent, full-time (you may be required to work up to 2 Saturdays per month)

**Salary**: £25,700 per annum

**About Fair Finance**:
Fair Finance is a social business with ambitious plans to revolutionise financial services to give everyone a fair chance. Our vision is to scale our alternative to the high-cost lending market and help reduce financial exclusion across the UK.

Over the last eighteen years Fair Finance has helped over a hundred thousand people escape the clutches of high-cost money lenders, start businesses or avoid eviction. Our work has helped influence Government policy and legislation, as well as demonstrate how purpose and profit can work together to change the financial system for the better.

The last few years of the pandemic and the Cost-of-Living crisis have really highlighted the importance of our work, and as such we have embarked on an ambitious program of growth and expansion to meet the challenges facing some of the poorest and most excluded in the coming years.

**About the role**:
The role will give you the opportunity to work in a social business that puts clients before profits and is focused on making a difference for individuals who lack access to fair financial services.

**About you**:
You will be eager work for a changemaking organisation to help those who are excluded by traditional lenders. You will bring your experience working in a regulated financial services organisation and ability to analyse complex information to contribute to the underwriting team.

You will have high attention to detail as well as demonstrating accountability, diligence and integrity at all times. You will also have a high level of computer literacy and the ability to work across several systems.

**Key Responsibilities**:
Lending decisions / underwriting
- Review financial information and documents and assess them against our policies and procedures.
- As necessary, discuss with clients to better understand their financial situation and ensure that we are lending fairly and responsibly.
- Make recommendations or direct lending decisions, depending on training and experience.
- Work towards achieving our business targets, both in terms of quantity but also quality and compliance.

Loan administration and client support

Responsible lending and compliance
- Ensure that all loan decisions are compliant and meet our responsible lending criteria.
- Keep up to date with changing policies and procedures.

Any other duties as required by the Company that are commensurate with the position.

**Skills and Experience**:

- A desire to work in the non-profit sector and make a difference for our clients.
- A desire to work in a fast-paced environment and bring your energy and passion to our team.
- Experience of working in a regulated financial services organisation, ideally in an underwriting role, loan administration or client management.
- The ability to analyse complex information.
- High attention to detail.
- Demonstrate accountability, diligence and integrity at all times.
- A high level of computer literacy and the ability to work across several systems.
- This job description may be amended from time to time to reflect the changing needs of the business._

**Why work for Fair Finance?**:

- Fair Finance is a social business with ambitious plans.
- Over the last eighteen years Fair Finance has helped over a hundred thousand people escape the clutches of high-cost money lenders, start businesses or avoid eviction.
- Our work has helped influence Government policy and legislation.
- We have demonstrated how purpose and profit can work together to change the financial system for the better.
- We believe in employing, growing and building around exceptional people who share our values.
- We have created an environment where you can genuinely put clients before profits and make a difference to our clients’ lives.
- We will provide you with a supportive workplace surrounded by peers who want you to do well, with responsibility to make a real difference in the organisation and the opportunity to thrive and make the role your own.
- We are a diverse organisation full of people who understand the balance between achieving business objectives and our social mission.
- Our Head Office is in a shared workspace in Dalston, housing more than 300 creative businesses, social enterprises and charities.
- Hybrid working and work practice flexibility is offered.

**Employee Benefits**
- Annual holiday entitlement of 20 days in addition to UK public holidays.
- An additional paid day off for your birthday.
- Staff receive an additional 'WFH allowance' to allow even greater location flexibility.
- Private Health Insurance.
- Perkbox access for a wide range of discounts.
- Employee Assistance Programme (EAP).
- Staff Loan Scheme (currently interest free).
- 3% match

  • Loan Underwriter

    1 month ago

    London, Greater London, United Kingdom DCA Recruitment Full time

    Loans Support Officer - Loan Underwriting x2An exciting opportunity to work in the financial services sector with a dynamic and rapidly growing co-operative business.Salary: £28,395 to £31,616The Role - Loans Support OfficerLocated near Archway tube station in London (zone 2), the credit union is a savings & loans co-operative that is dedicated to...

  • Commercial Loan Underwriter

    3 days ago

    London, Greater London, United Kingdom Iwoca Ltd Full time

    We're expanding our credit team at Iwoca Ltd, seeking an expert Commercial Loan Underwriter to support our mission of financing one million businesses. As a Senior Finance Analyst, you'll play a pivotal role in assessing credit applications and making informed decisions.With 4+ years of experience in commercial loan underwriting or credit analysis, you'll...

  • Loan Underwriting Specialist

    1 week ago

    London, Greater London, United Kingdom Ascot Bridging Finance Full time

    About UsAscot Bridging Finance is a leading provider of bridging loans, dedicated to delivering exceptional service and expertise to our clients.Job DetailsSalary: £45,000.00-£60,000.00 per yearLocation: Westbrook, WarringtonJob Type: Full-timeJob DescriptionWe are seeking an experienced Loan Underwriting Specialist to join our team in Westbrook,...

  • Loans Underwriter Position

    1 month ago

    London, Greater London, United Kingdom updraft Full time

    Updraft is an award-winning FCA approved app available on IOS/Android. Our mission is to empower consumers to break free from cumulative lifestyle borrowing such as credit cards, overdrafts, and buy-now pay-later schemes.We harness behavioral science, AI, and expertise to offer our users powerful counter-measures. As the business undergoes rapid growth in...

  • Underwriter, Short Term Loans

    5 months ago

    North West London, United Kingdom New Leaf Search Full time

    **Job description**: K3279 - New Leaf Search has partnered with fast growing independent own book lender in its search for an **Underwriter, Short Term loans**. You will underwriting across all products but with a focus on corporate loans. You will work with brokers, setting up deals for payment, managing credit exposure to existing clients, and occasionally...

  • Loans Underwriter

    1 month ago

    London, Greater London, United Kingdom Fair Finance Full time

    About the RoleFair Finance is seeking a Loans Underwriter to join our team in Dalston. As a Loans Underwriter, you will be responsible for reviewing financial information and documents to assess them against our policies and procedures.Key ResponsibilitiesReview financial information and documents to assess them against our policies and proceduresDiscuss...

  • Underwriter

    6 months ago

    London, United Kingdom Recruitment Solutions Full time

    **Bridging Underwriter required for a leading, award winning, Bridging Lender based in London. This position is due to the company's success and expansion** **A market leading package is being offered, a competitive negotiable package, comprehensive benefits and bonus** - **Life insurance coverage**: - **Pension**: - **Private healthcare**: -...

  • Loans Underwriter

    4 weeks ago

    London, Greater London, United Kingdom Updraft Full time

    Role OverviewAs a key member of the Underwriting Team at Updraft, you will play a crucial role in helping our customers achieve the best outcomes by assessing their creditworthiness and affordability in line with our lending policy.Key ResponsibilitiesApprove and decline loan applications based on applicants' credit history and financial situation.Gather...

  • Bridging Underwriter

    6 months ago

    London, United Kingdom Brooke Harrison Recruitment Full time

    Experienced Bridging Underwriter London City, Fully Office-Based **Salary**: £45,000 - £55,000 per annum (DOE) + Annual Discretionary Bonus **Comprehensive benefits package**, including health insurance and retirement savings plan. Opportunities for career advancement and professional growth within a dynamic and supportive work environment. Access to...

  • Underwriting Support Professional

    3 days ago

    London, Greater London, United Kingdom Montpellier Resourcing Full time

    Underwriting Support ProfessionalWe are seeking an experienced Underwriting Support Professional to join our team in London. As a key member of our underwriting team, you will be responsible for providing administrative support and assistance to the underwriters, ensuring the smooth processing of loan applications.The ideal candidate will have previous...

  • Consumer Loans Underwriter

    6 months ago

    London, United Kingdom Updraft Full time

    Updraft is an award-winning FCA approved app available on IOS/Android. Our mission is simple - to help consumers find freedom from cumulative lifestyle borrowing such as credit-cards, overdrafts and buy-now pay-later schemes. While retailers and some start-ups remain intent on weaponising algorithms to maximise profit, we harness behaviour science, AI and...

  • Residential Underwriter

    1 month ago

    London, United Kingdom Rico Property Finance Ltd (TA D&R Recruitment) Full time

    A leading specialist lender renowned for their expertise in bridging finance and buy-to-let (BTL) mortgages currently requires a Residential Underwriter to join its highly successful and vibrant team. This is an office-based position in Watford. A competitive salary is on offer, with comprehensive benefits and bonus. Itprides itself on delivering exceptional...

  • Loan Operations Specialist

    3 days ago

    London, Greater London, United Kingdom DCA Recruitment Full time

    Loan Underwriting OpportunitiesJoin us in providing exceptional service to our members and contributing to the growth of our successful co-operative business.Salary: £28,395 to £31,616 per annumThe OpportunityLocated near Archway tube station in London (zone 2), we are a savings & loans co-operative that is dedicated to encouraging saving and dealing with...

  • Underwriter

    5 months ago

    London, United Kingdom Excelsior Elevate Full time

    Job Title: Underwriter **Duties**: - Analyze financial documents, credit reports, and other relevant information to make informed decisions - Collaborate with loan officers and other team members to gather necessary information and resolve any discrepancies - Conduct thorough research and due diligence on borrowers and collateral - Prepare detailed reports...

  • Insurance Development Underwriter

    4 weeks ago

    London, Greater London, United Kingdom Fintelligent Search Full time £65,000 - £75,000

    Unlock Your Potential in Property FinanceFintelligent Search is seeking a skilled Insurance Development Underwriter to join our team. As a key member of our property finance department, you will play a crucial role in ensuring data accuracy in loan processing systems and staying updated with regulatory requirements and company policies.Key...

  • Commercial Loan Underwriter UK SME Sector

    3 days ago

    London, Greater London, United Kingdom Iwoca Full time

    Iwoca OverviewIwoca is a fintech company that empowers small businesses to manage their cash flow better and seize opportunities. We help businesses get the funds they need when they need it, often within minutes. Since our launch in 2012, we have made several billion pounds available to over 100,000 businesses, positioning ourselves as a leading Fintech in...

  • Senior Risk Manager for Loan and Bond Underwriting

    2 weeks ago

    London, Greater London, United Kingdom bbva Full time

    Role OverviewWe are seeking a seasoned Risk Manager to lead our underwriting and risk management efforts in the Corporate and Investment Banking division. As a trusted advisor, you will be responsible for defining credit and market risk appetites, structuring and negotiating loan requests, and managing end-to-end processes from pre-screening to risk...

  • Bridging and Buy-to-let Underwriter

    5 months ago

    London, United Kingdom Recruitment Solutions Full time

    **An award winning, highly reputable and successful Bridging Lender based in London requires a Bridging and BTL Underwriter for it's busy and vibrant London office. The vacancy, the position is due to the company's success and expansion** A market leading package is being offered, a competitive negotiable package, comprehensive benefits and bonus - **Life...

  • Senior Underwriting Assistant

    1 month ago

    London, Greater London, United Kingdom Montpellier Resourcing Full time

    Assistant Underwriter (Bridging Finance)Montpellier Resourcing Associates Limited is seeking an experienced Assistant Underwriter to join their specialist Property Lending company in London. As a key member of the underwriting team, you will be responsible for supporting the underwriting process, ensuring all loan applications are thoroughly reviewed and...

  • Senior Bridging Finance Underwriter

    1 month ago

    London, Greater London, United Kingdom Montpellier Resourcing Full time

    Exciting Opportunity for a Bridging Finance UnderwriterWe are seeking an experienced lending Underwriter to join our specialist Property Lending company in London. As a Bridging Finance Underwriter, you will be responsible for conducting comprehensive analyses of financial documents, credit histories, and property appraisals to make informed lending...