Assistant Underwriter

3 days ago


Chester, United Kingdom Reed Business Support Full time

In need of a career change?

if so then please see the details below...

**Job title**: Underwriter

**Salary**: £20,000-22,000 (part time hours pro rata)

**Hours of work**: Current shift patterns include
Monday to Friday - 7am - 8pm
Saturday - 7am - 5pm
Sunday -7am - 5pm

**Location: **Chester

**MAIN PURPOSE OF ROLE**:
**KEY RESPONSIBILITIES**:

- Adherence to prescribed underwriting criteria and policy rules is required as part of the underwriting process, including the correctimplementation of the Underwriting Pyramid.
- Demonstrate responsible lending through underwriting decisions.
- Report Money Laundering suspicions to the MLRO and FCI Team.
- Validating customer proof of address and income provided either at pay-out stage or pre-pay-out.
- Identify and respond appropriately to applicants if they appear to be “vulnerable customers”
- necessary.
- Deliver exceptional customer service.
- Ensure the principles of Treating Customers Fairly are adhered to.
- Undertake other tasks from time-to-time to support the Pay-outs Department as required.
- Provide assistance to the Underwriting Team Leader and the Credit Risk Operations Manager as required.
- Demonstrate the company Vision and Values.
- Sanction credit decisions - approvals and declines (must demonstrate an analytical, logical approach and sound methodology).
- Underwriting mandate up to £25000 (maximum advance).

**SKILLS REQUIRED**:

- Analytical and logical approach.
- Excellent telephony skills.
- Excellent communication skills.
- Ability to work under pressure.
- Problem solving skills.
- Knowledge and understanding of non-prime consumer credit.
- Understanding of regulatory guidelines in practice including the Consumer Credit Directive (CCD), Irresponsible Lending Guidelines (ILG),Data Protection Act (DPA), GDPR, Vulnerable Customers and Money Laundering (AML).
- Knowledge of the TFC Group business including the customer journey and all related processes.
- Working knowledge of Experian, Call Credit (Share Report, Call validate & the Affordability Report).
- Working knowledge of company systems including BOS, Pan Credit and Traffic.

(Full training will be provided to previous experience preferred but not essential)

**BENEFITS**:

- Hybrid working
- Parking on site


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