Underwriter

About the role We’re on a mission to make affordable loans available to more people. Using the power of Open Banking, we have built state-of-the-art technology that allows us to look beyond traditional credit scores and offer fairer credit to people ignored by traditional lenders. We have two parts of our business. On the consumer side, we have Abound. Abound has proven that our approach works at scale, with over £300 million lent to-date. While other lenders only look at your credit score, we use Open Banking to look at the full picture – what you earn, how you spend, and what’s left at the end. On the B2B side, we have Render. Render is our award-winning software-as-a-service platform that allows Abound to make better, less risky lending decisions. And less risky decisions mean we can offer customers better rates than they can usually find elsewhere. We’re taking Render global so that more companies, from high-street banks to other fintechs, can offer affordable credit to their customers. We are a successful underwriting team going from strength to strength, helping to lead the business in a time of rapid growth. We are looking for an underwriter to expand our team. Someone who is fast-thinking, diligent, and keen to change the way of lending for everyone. Employees who are driven to meet individual performance targets and understand the importance of meeting our bigger company goals. We seek like-minded, hardworking, and responsible individuals who want to build careers with a new start-up brand. In this unique position, you will be relied on to produce high-quality decisions and provide improvement feedback on the systems and processes in use. We pride ourselves on bringing affordable lending to the market whilst making the right decisions based on the customer spending rather than their credit reports. Our determination, approach, and resourcefulness set us apart from our competitors. Having recently expanded our product range, underwriters must be adaptable and detail-oriented. We process over 30 applications daily while continuously building and refining our processes. We have an open plan office near Tower Bridge and encourage the lateral communication of different departments to bolster individual expertise, knowledge growth, and collaborative support where you can apply your experience and skill set to help develop and improve aspects of the business and yourself. How we work

(Shifts, weekends, and bank holidays) 8 am – 8 pm, which is split into 2 part team shift pattern and shared

Weekend work is required – returned in Overtime or time in lieu

Bank holidays – Minimum of 2 bank holidays per year

Who you are: Minimum 2 years’ experience in a credit underwriting environment

Target-driven with an understanding and desire to achieve our goals

Commercial lending experiencewill be an advantage

Experienced in working with near-prime lending, or a start-up environment would be a plus

Compliant to credit policy and procedures and changes

The ability to adapt to a fast-changing environment

Enjoy working as part of a team

Customer First’ attitude

Excellent written and verbal communication skills

Exceptional organizational skills

A strong work ethic

Strong time management

What you'll be doing: Make decisions on new unsecured personal loan applications using our cutting-edge credit decision technology

Carry out an in-depth analysis of Open Banking results

Assess customer affordability and ascertain their creditworthiness

Shape the processes and procedures we use in underwriting to continue to make them better

Review and evaluate credit reports

Carry out Fraud and AML checks

Follow underwriting policy and procedures

Liaise with customers to capture information and document where necessary

Ability to work independently and take steps to enhance own knowledge when required.

Provide support to other team members and to wider departments

Work in a queue and strong pipeline management

Produce high-level quality work and use your excellent attention to detail

What we offer Everyone owns a piece of the company - equity

25 days’ holiday a year, plus 8 bank holidays

2 paid volunteering days per year

One month paid sabbatical after 4 years

Employee loan

Free gym membership

Save up to 60% on an electric vehicle through our salary sacrifice scheme with Loveelectric

Team wellness budget to be active together - set up a yoga class, a tennis lesson or go bouldering

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