Credit Underwriter

  • Ref:3098
  • Date Published:2016-10-13
  • Consultant:Simon Goymer
  • Type:Permanent
  • Category:Support
  • Location:City
  • Salary:£28,000 - £30,000


Leading peer to peer finance company requires a Credit Underwriter to support the Retail Credit Team. The successful candidate will have fantastic communication skills and the ability to ask the necessary questions and obtain the required information. You will be able to work on your own initiative, be a quick learner and reliable.

Duties & responsibilities:

  • Credit Underwriting – Evaluate credit applications (usually for unsecured loans between £500 and £25,000) to approve or decline credit applications.
  • Fraud Avoidance – Support the fraud underwriter in identifying fraudulent applications and identifying potential fraud trends and ways to improve policies to avoid losses.
  • Credit Improvements – Identify methods to improve underwriting decision making either through better information collections and presentation recommendations, or system enhancement
  • Evaluate customer affordability and determine ability to repay
  • Liaise with third parties including finance brokers, affiliates, credit reference agencies including CallCredit, Equifax and Experian, and debt collection agencies

 Key Skills:  The ideal candidate will be able to demonstrate:

  • Good attention to detail
  • Excellent communication skills
  • Ability to think on your feet
  • Exposure to a financial services environment – especially in terms of consumer lending (loans or credit cards, and data analytics)
  • Common sense approach to finance and a customer focussed personality

 Working Hours: The role is a permanent and full time position, working between 9am and 6pm Monday – Friday but also with a potential for occasional shifts at the weekend.