Underwriter - Chester, United Kingdom - Specialist Motor Finance Limited

Specialist Motor Finance Limited

Verified Company

Chester, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Underwriter - Hybrid working - Chester office - up to £30,000

Current shift patterns include.
Monday to Friday - 8am - 6pm - Rota basis, shifts are 8am-4pm or 10am-6pm

Every other Saturday 6.5 hours within the timeframe 7am - 5pm, with a day off in the week

Employee benefits

Pension scheme up to 8%
26 days holiday + bank holiday (option to buy an additional 5 days)
Employee referral programme
Perks at Work
Above and Beyond awards
Income protection scheme
Employee of the Year
Long Service awards
Discretionary annual bonus
Life assurance
Discounted gym membership
Flexible working
Training and exam sponsorship
Employee assistance programme
Paid volunteer days
Social events

Specialist Motor Finance offer hire purchase agreements to customers who are not accepted by the mainstream lenders through a panel of motor introducers.

Key responsibilities:

Adherence to prescribed underwriting criteria and policy rules is required as part of the underwriting process, adhering to SMF's lending policies and procedures.
Demonstrate responsible lending throughout the Underwriting decision process.
Report Money Laundering suspicions to the FCI Team for investigation.
Validating customer proof of address and income provided either at payout stage or prepayout, using different methods of income verification i.e. Payslips and Open Banking
Identify and respond appropriately to applicants if they appear to be vulnerable customers, tailoring the service that SMF offer appropriately to the individual's needs.
Deliver exceptional customer service.
Ensure the principles of Treating Customers Fairly are adhered to.
Undertake other tasks from timetotime to support the Payouts Department as required.
Aid the Underwriting Team Leader and the Credit Risk Operations Manager as required.
Quarterly sidebyside meetings to be attended with other SMF New Business Functions, including Payouts and Financial Crime Prevention
Demonstrate the company Vision and Values
Knowledge and understanding of nonprime consumer credit market.
Understanding of regulatory guidelines in practice including the Consumer Credit Directive (CCD), Irresponsible Lending Guidelines (ILG), Data Protection Act (DPA), GDPR, Vulnerable Customers and Money Laundering (AML)
Working knowledge of Experian and TransUnion (ShareReport, Callvalidate & the Affordability Report)
Analytical and logical approach
Excellent telephony skills
Excellent communication skills
Ability to work under pressure.
Problem solving skills.
You must act with integrity.
You must act with due skill, care, and diligence.
You must be open and cooperative with the FCA, the PRA and other regulators.
You must pay due regards to the interests of customers and treat them fairly.
You must observe proper standards of market conduct.
You must act to deliver good outcomes for retail customers.