Job Overview

Location
Manchester, England
Job Type
Full Time
Salary
£35,000 - £40,000 Per Year
Date Posted
14 days ago

Additional Details

Job ID
78724
Job Views
4

Job Description

Underwriting QC Analyst

Heard of us?

We're a nimble and ambitious financial services specialist. Backing people to fulfil life's hopes and dreams; delivering the most compelling customer experience across Banking and Motor Finance.

Now is your chance…

The Underwriting teams underwrite and manage mortgage applications from initial decision stage through to completion and release of funds. Working with company lending policies to determine the level of risk for each applicant within parameters of business policies and processes, while presenting all mitigants to support the decision to lend.

The primary purpose of the Underwriting QC Analyst is to provide oversight to that underwriting activity to ensure that applications are underwritten in line with those policies and within the Bank's risk appetite.

The role of Underwriting QC Analyst is really important to us. You will provide oversight to underwriting activity to ensure that applications are underwritten in line with policy and within the Bank's risk appetite.

When the time is right, we would love to welcome you to our Wilmslow office. In the meantime you will be based remotely. You'll be made to feel part of your new team by your Line Manager, Senior Operations Manager and colleagues through regular contact and virtual interaction.

What would your day look like?

  • Carry out monthly audits on the output of Residential and Buy-to-let Underwriting teams covering decision making, underwriting, data quality and contact strategy
  • Prepare written reports and recommendations on the results of audits carried out
  • Attend meetings and present on audit results and proposals and recommendations, where required
  • Develop and embed a risk-based sampling methodology in accordance with the department's Training and Competency Framework
  • Work with the Underwriting Management team to support with them form individual development plans, as well as driving the agenda for coaching and training priorities in the department
  • Manage key stakeholder relationship with the Retail Credit Risk team ensuring key goals are shared and oversight function is developed as independent but collaborative in approach
  • Work with the Operations Management team to ensure that the QC approach is regularly reviewed and enhanced to feed into the department's Risk Control Self Assessment as a key control
  • To understand and apply all bank policies applicable to regulatory requirements, lending responsibly, credit risk criteria and fraud prevention
  • Understanding securities and the legal process required to complete a mortgage transaction to ensure risk is moderated

What do we expect of you?

  • Extensive experience secured underwriting or in a QC function within a financial services environment
  • Ability to interpret regulatory rules to support risk controls (such as MCOB, PRA changes)
  • Experience in interpreting credit policies
  • Support the programme of development and change across business systems and processes
  • Maintain up to date knowledge of regulatory requirements
  • Support both internal and external audit requirements and site visits

What can you expect of us?

  • A friendly and flexible culture, synonymous with our proposition to our customers.
  • A growing organisation that defines itself as being nimble, lean and strong.
  • A drive for continuous improvement, which you will be empowered to get behind from day one.
  • A communicative, accessible and approachable ExCo.

And of course, you will be compensated competitively, with a good range of core benefits and bonus potential.

Still Curious?

Our client was formed by bringing together two very successful businesse. Whilst our parent company operates internationally from their HQ in South Africa, we are a UK-based financial services specialist that supports our customers across a range of products and services.

Underpinned by our strategic blueprint, "backing people to fulfil life's hopes and dreams", we thrive upon saying "yes" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; and we open up the lending market to many.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose over the course of the next 3 to 5 years.

Join us today and we will make the same promises to you as an employee, as we do to each of our customers. We are committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you're pregnant or on family leave.

#backingyoutobringyourbest

Our client is an equal opportunities employer.

We do not accept speculative agency CVs. Any CV received by our client will be treated as a gift and not eligible for an agency fee. PSL agencies should only send CVs if authorised to do so by HR.

Where a DBS check or CIFAS check is identified as necessary, all application forms, job adverts and recruitment briefs will contain a statement that an application for a DBS certificate or a CIFAS check will be submitted in the event of the individual being offered the position

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