Underwriter

Newable is committed to unleashing the extraordinary potential of Britain's business men and women. We provide a range of products and services that help people start up, sustain and scale their businesses. At Newable Business Finance, we are focussed and driven in building a leading lending company, which offers small businesses the tools they need to grow at fair and responsible prices.

As an Underwriter, you will be critical in contributing to both automated and human decision processes, assessing our credit risk/mitigants and be an integral part of our risk function. You will be essential in helping imnplement the strategy of our underwriting roadmap as we expand and grow the business.

This is a great opportunity to be part of an ambitious, growing lending business and help shape its expansion to the next level.

Responsibilities will include:

• Support the delivery of lending decisions based on an overall consideration of risks and mitigants to risk, with high level of underwriting applied to each case commensurate to the risk.
• Provide training to other members of the team on credit risk, financial analysis, operational risk and compliance.
• Compliance with the lending and credit policies as applicable to the business line.
• Provide AML/Fraud insights using our CIFAS database.
• Assist with post-offer queries.
• Work effectively individually and as a team with the various functions of the division.
• Ensure all customer’s interactions are recorded according to the company’s policy and our reporting to the credit bureaus is accurate.
• Assist with portfolio management, ensuring there is a low level of arrears and losses.
• Ensure all checks for quality and compliance have been completed on systems.
• Ensure comprehensive up to date procedures/manuals are documented and followed.

Experience/skills required for the role:

You should be flexible and adaptable to new products, processes and policies.

You should be an excellent communicator, analytical and innovative.