Junior Broker Underwriter

About The Role

Are you looking to kickstart your career in the exciting world of finance? Join us at Car Finance 247 as a Junior Broker Underwriter, where you’ll dive into the fast-paced environment of car loan

What You’ll Do: 

Evaluate Car Loan Applications: Review customer applications, check for potential fraud, and analyze credit profiles. 

Decision Making: Use our advanced data science model to help determine loan eligibility and manually assess applications to find the right fit with our diverse range of lenders. 

Review and Analyze: Conduct bank checks and ensure the vehicle meets lending criteria. 

Provide Top-Notch Service: Work closely with brokers and customers to deliver outstanding service, maintaining high levels of accuracy and speed. 

Key Responsibilities: 

Underwrite Business: Follow Company Credit Policy and Compliance guidelines to ensure the best outcomes for both customers and the business.Effective Communication: Interact with brokers and customers via phone, email, and letters.Organized Work:Manage your caseload efficiently to ensure productivity.Achieve Targets:Meet individual KPIs for approvals, QA, and SLAs.Adhere to Regulations: Follow guidelines such as the Supply of Goods Act 1982, Consumer Rights Act 2015, and FCA guidelines.Maintain Systems: Keep accurate and comprehensive notes in case management and CRM software.

About You

Experience: Previous experience in credit underwriting, ideally in vehicle finance, is essential. Analytical Skills: Ability to analyze and interpret customer credit profiles. Autonomy: Work independently while exercising good judgment. Communication Skills: Strong verbal and written communication abilities. Attention to Detail: Maintain high accuracy under pressure. Customer Sensitivity: Handle sensitive situations and interact with vulnerable or challenging customers with care. Regulation Knowledge: Familiarity with compliance, data protection, Anti Money Laundering, and consumer credit regulations is ideal.

Key Competencies:

Underwriting 

Quality Assurance 

Writing and Reporting 

Presenting and Communicating Information 

Following Instructions and Procedures 

Delivering Results and Meeting Customer Expectations