Senior Underwriter

£75,000 per annum | Reading

Job Title: Senior Underwriter (equity opportunity)

LocationReading

Salary: Up to £75,000 plus benefits and bonus

About the role

We have a superb opportunity for a Senior Underwriter looking for their next career move.

Our client is a start-up lender who have already secured 50 million and plan to lend £200-400 million in the next 2 years.

Our client specialises in developing niche lending businesses and now have another existing venture to provide lending for legal funding, providing loans to cover solicitors fees and expected settlement payments. The successful candidate needs to have previous experience underwriting high value consumer loans, be hands on and must understand that this role will become a senior position as the business grows.  You will need to develop the loan underwriting and administration processes and procedures within a start-up business which requires a hands-on approach and will operate as a member of the senior management team.

Responsibilities and Experience required for the role of Senior Underwriter 

  • Create and maintain credit policy
  • Manage the end to end loan cycle from loan acceptance, administration, collections and recoveries
  • Manage the lending within credit risk appetite
  • Implement and manage anti-fraud policies and procedures
  • Oversee and develop appropriate MI to assess actual loss experience and in conjunction with senior management, to provide direction to new product development, pricing and other commercial decision making.
  • We are looking for the job holder to have experience of underwriting high value consumer loans
  • It would be a huge advantage if you have a good understanding of both the family law market and the legal funding market but is not essential.
  • The ability to hold the credit line with senior management, balances by the vision to see commercial opportunities and desire to develop innovative solutions to realise these opportunities

 

For more information regarding the role of Senior Underwriter please contact us on 0333 1234 101

Stellar Select is acting as an employment agency and is a corporate member of the REC

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days

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