Retail Underwriting Analyst
- Milton Keynes
- Permanent
- Full-time
- Interpret and analyse customer data such as credit report, open banking reports and/or payslips and bank statements to identify and validate income and expenditure
- Analyse the data to identify any key financial vulnerabilities
- Utilise internal income and expenditure models to form a lending decision and progress the decision to either approve or refer to a senior underwriter as appropriate
- Review and verify customer documentation, ensuring accuracy and completeness in accordance with company policies and regulatory standards
- Handle queries and escalations internally and externally in a proactive and solution-orientated manner
- Work closely with colleagues across the credit and sales teams to ensure clear understanding and communication of credit processes and requirements
- Minimum of 1 years' experience in a credit or lending based role within the financial services sector
- A strong understanding of UK regulation, credit risk principles and risk assessment considerations
- Working knowledge of consumer lending environments and CONC 5 is highly desirable
- Excellent analytical and problem-solving skills with the ability to make informed decisions based on data and regulatory guidelines
- Strong communication skills, both written and verbal with the ability to present findings clearly and concisely
- A team player who can collaborate with team members and wider colleagues across the business