Motor Finance Underwriter

Location

Solihull, West Midlands | United Kingdom

Job description

About The Role

Let’s grow together!

A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Liquidity analyst looking for an opportunity to grow in a fast-paced, friendly environment, we’re looking for you!

We’re flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let’s grow together …

Purpose of the role

To demonstrate a thorough approach to the risk assessment of both consumer and corporate applications and have the ability to apply these skills across a broad range of financial products. Underwriting loans from receipt of application through to release of funds, ensuring that the Department’s excellent standards of customer service and commitment to providing regular communication to our business introducers is maintained at all times.

Underwriters must be able to develop and maintain strong business relationships with our introducer panel that adds value and directly contributes to business growth.

The position will involve working some unsociable hours over a 7 day 

 Duties and responsibilities 

• Awareness, understanding and contribution in the achieving of the business area’s objectives
• Achieve personal objectives set by your Manager
• The evaluation of motor loan applications utilising the appropriate credit reference data, fraud prevention techniques, credit policy and lending guidelines and procedures
• The analysis of supporting documentation
• Effective handling of all incoming new lending enquiries
• Where appropriate authorise the sign off of payout completion applications
• Possess the ability to work with a degree of autonomy and empowerment but making fully informed referrals where necessary to more experienced team members/higher mandate holders or Credit Risk Department
• Where possible be a mandate holder, actively utilising the mandate across the department
• Ensure decisions are delivered in line with the prevailing credit policy and lending guidelines and agreed deadlines and service standards
• Participate in meetings
• Attend training courses that are identified to assist in personal and role development
• Establish and maintain professional relationships with external service providers, introducers, and internal customers

About You

Skills

• Awareness and understanding of all prevailing regulatory and compliance requirements
• Strong business awareness and excellent risk management skills
• Ability to work within a team and on own initiative
• Ability to communicate clearly and concisely on all levels
• Computer literate with a working knowledge of MS Office applications

Qualifications and experience

Previous experience and working knowledge of working in the motor underwriting industry.

Working hours

37.5 hours per week - Monday to Friday - 8:30am - 5pm and Saturday 10am - 4pm on a rota'd basis.  We offer hybrid working at the moment which involves 3 days in the office and 2 days at home.

About Us

Paragon perks

• Generous holiday allowance, with a day off for your birthday!
• Paid community volunteering
• Company-wide, profit-sharing bonus
• Pension plan - we’ll contribute up to 10% of your annual salary
• Life assurance and personal accident cover

Be flexible

We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.

Be yourself

We welcome diversity and we care about inclusion. That’s why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Formed in 2020, our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience and ideas to build a more equal, diverse and inclusive business.

Be heard

We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.

Be well

We offer a range of support to help you care for your wellbeing, from our free Employee Assistance Programme to our qualified Wellbeing team who are on hand to connect you with the help you need to get more out of life.

Be better

We want you to reach your potential and, as an Investors in People employer, we’ll encourage you to learn and develop by building a personalised development plan together with your manager.

Be a part of it!

Our employees tell us that the best thing about Paragon is the people! So, if you’re looking for an energetic, friendly team with a great set of values to help you take the next step in your career, apply now and let’s grow together!

Job tags

Salary