Consumer Finance Underwriter

2 weeks ago

London, United Kingdom Loans 2 Go Full time

**Company Overview**:
Loans 2 Go Limited (L2G) is an industry leader in providing alternative, affordable personal loans; we aim to give lines of credit to those who mainstream lenders have neglected. We are growing and adapting fast; with over 20 years of operation nationwide, we have helped hundreds of thousands of customers and the business has transformed from a traditional high-street lender to a multi-channel, online loan provider. We are regulated by the Financial Conduct Authority and fully compliant with our obligations under Consumer Duty. We understand the importance of providing fair and transparent products and services as the key to unlocking a prosperous future for the business. We will continue to adapt, improve, and implement changes where required to improve our people, the business, and the overall quality of our customer experience.

**The Role**:
The primary responsibility of this role is to underwrite and decision consumer loans in a sound, consistent and compliant manner and in accordance with the company’s loan policy and procedures.

**Responsibilities**:

- Analysing and evaluating borrower's financial information
- Recommending final loan decisions by evaluating proprietary decisioning tool outcome
- Collecting and interpreting documents such as borrower’s income and expenditure declaration, bank statements, payslips, tax returns etc
- Income & Expenditure assessment to determine affordability

**Attributes and experience**:

- Previous consumer finance underwriting experience
- Regulatory compliance knowledge
- Ability to calculate simple to complex mathematical equations
- Strong communication, analytical skills, and reasoning ability
- Excellent organisational skills with the ability to prioritise and handle multiple tasks and responsibilities simultaneously.
- Detail-oriented.
- Flexible, proactive working style

**Employee Benefits**:

- Hybrid Working Scheme
- Performance-based bonus
- Employee Referral Scheme
- Up to 33 days holiday inclusive of UK Bank Holidays
- Life Insurance Cover
- Incapacity Insurance Cover
- Employee Assistance Programme
- Commitment to your Professional Learning and Development
- Pension scheme

**Timings**:
40 hours per week, Monday to Saturday between 8am and 8pm. Shifts are assigned based on a rota. Flexibility with timings is required.

**Job Types**: Full-time, Permanent

Pay: £29,512.00-£36,890.00 per year

Ability to commute/relocate:

- London: reliably commute or plan to relocate before starting work (preferred)

Application question(s):

- Do you have experience in reviewing consumer credit reports?

**Experience**:

- loan processing: 1 year (required)

**Language**:

- English (required)

Work Location: Hybrid remote in London

Reference ID: CFU_1

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