Underwriter

The Opportunity

Shawbrook is a new type of specialist financial services company, combining the relentless focus on customer service and innovation you would expect from a fintech with the expertise and certainty of a bank. Shawbrook is driven by a purpose to solve complex problems that unlock opportunity for its rapidly growing customer base of over 300,000 UK consumers and businesses.

Our success would not have been possible without our Team. Our people differentiate us from the competition through their deep sector knowledge, they are the life force of our business.

Join Shawbrook because you:

- Want to help us deepen our industry sector knowledge, combining technology alongside the best banking brains
- Want to build a bank for the future and be part of our digital transformation journey that will enable customers & businesses to thrive
- Want to continue to grow professionally. We encourage you to grow and be the best version of yourself
- Care about sustainability? We want to be better for our people, environment, and society
- Bring passion and enjoyment to your work. You’ll work hard but you’ll have fun too

The Role & Responsibilities
- To work as a senior member of the Underwriting Teams to deliver the origination levels required by the Division
- The role specialises in larger, complex transactions (£1.25m+) and requires extensive interaction with key stakeholders including Group Risk, Head of Underwriting, National Sales Manager and members of both Complex Deal Forum and Credit Approval Committee
- Responsibilities include the writing of detailed credit papers for submission to Group following face to face client interviews and property site visits - these visits to be UK wide
- To deliver favourable customer outcomes in terms of credit assessment and customer experience
- To analyse and understand credit risks being presented and ensure both Asset Class Policies and Lending Policies are understood and respected across First and Second Lines of Defence
- To embed both the Bank and Division’s Risk Management Framework within all activities within the underwriting teams
- The role holder will be required to exercise a delegated lending authority of up to £1.25m and participate in ad hoc projects as required
- Accountability for all individually assigned cases and mentoring/advising less experienced underwriter colleagues in reviewing and assessing their respective pipelines
- To communicate and escalate potential issues/risks in a prompt and effective manner
- To report all issues of regulatory concern to the Senior Manager and/or Head of Underwriting, and/or the Director, Customer Lending Services, or the Bank Legal and Compliance Departments
- Act as the 1st line senior underwriter for new credits, and facility reviews
- Ensure complete data integrity and adherence to process of the CI team
- To support the Senior Manager - Underwriting & Support in setting, and monitoring, appropriate Credit Risk appetite metrics for CI
- Providing support, education, and training to underwriting and completions staff on risk related issues

The Person
- Experience in Commercial and residential investment Property.
- Deep and broad business and financial acumen
- Significant industry knowledge in the Commercial Property market including a deep understanding of lending practices in that sector, structures, risks, covenant requirements, pricing, and competition
- Demonstrable ability to under commercial analysis of a business both in terms of financial and non-financial aspects
- Excellent customer service, presentation, and negotiation skills
- Experience in executive level reporting on strategic initiatives
- Thorough comprehension of credit risk management, credit administration, loan production and servicing
- Proven credit-underwriting skills within either banking or finance industry
- Compliance with all regulatory requirements, remaining in good standing with regulatory agencies
- Strong commercial, financial acumen and capability in strategic thinking, executive level reporting and effective business planning
- Strong customer/intermediary and market insight
- Knowledge of Consumer Credit Act and Data Protection Act
- Excellent interpersonal skills with the ability to build rapport to engage employees and gain support of peers. Role will need to work closely with Lending Managers, Group Risk, Brokers and Sales
- Build own brand in market, deliver on commitments, and manage expectations
- Strong influencing and assertiveness skills and the ability to communicate effectively both orally and in writing with all levels of management, regulators, and committees of the Board of Directors

Reward

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

- Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
- Free acces